Personally, I can't believe they did. I mean the recovery is barely underway and with the US still likely to suffer a double dip recession, wouldn't it make sense to at least let the Australian economic recovery get past a crawling speed before slamming on the brakes again? Is it not somewhat premature even to think the recovery is even sustainable? I appreciate the Reserve Bank is worried the Property Market is going to take off and create a bubble, which I agree is a valid concern, however Read more [...]