As we should have expected, the private sector is more than - TopicsExpress

As we should have expected, the private sector is more than capable of managing itself without heavy-handed government or RBA intervention. BOQ is backing away a little from Sydney & Melbourne, even though theyre underexposed in those markets. Reminds me of similar policies in days gone by, when banks have quietly tightened lending criteria fora time, in areas where they believe they already have enough exposure. Amazing how the Free Market just seems to work... The politicians sometimes just dont seem to get it.

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