http://www.thepunch.com.au/tags/glenn-stevens/ Politics, political opinion, world news, sports news and the latest news and views updated live, daily on The Punch - Australia's best conversation. en Copyright 2012 The Punch penberthyd@newsltd.com.au penberthyd@newsltd.com.au Sat, 26 May 2012 20:00:49 +0000 Sat, 26 May 2012 20:00:49 +0000 Politics, opinion, world news, sports news, latest news, views, Barack Obama, Kevin Rudd, Julia Gillard, Nathan Rees, Malcolm Turnbull, Peter Garrett, Barnaby Joyce, Australian, federal politics, opinion polls, election, The Punch, thepunch, punch ExpressionEngine 1.6.7 http://blogs.law.harvard.edu/tech/rss 15 http://www.thepunch.com.au/images/punch-logo-rss.png http://www.thepunch.com.au/ 144 70 Politics, political opinion, world news, sports news and the latest news and views updated live, daily on The Punch - Australia's best conversation. Search The Punch keywords http://www.thepunch.com.au/search/ http://www.thepunch.com.au/articles/carn-rba-get-those-rates-up-you-good-thing/ Now I have vacated the job of helping edit news.com.au, let me reveal my dreadful desire to write an almost unthinkable headline: “Rates hike means more gain for savers”. It’s pretty well inconceivable that any major media outlet would lead with this sentiment for fear of alienating all the hard-pressed homeowners, the millions of working families and Aussie battlers feeling the pinch in the ever-tightening mortgage belt. This holds true from the most rabid reactionary radio shock jock, through the marching minions of Murdochdom (I am yet to hand back the company-issued electric shock collar), to the fairy floss fops of Fairfax and even unto the ABC commissars of collectivist cant. penberthyd@newsltd.com.au (David Penberthy) Article http://www.thepunch.com.au/articles/carn-rba-get-those-rates-up-you-good-thing/#comments http://www.thepunch.com.au/articles/carn-rba-get-those-rates-up-you-good-thing/#item2536 Sat, 26 May 2012 20:00:49 +0000 It’s time for a hard conversation about money. Some Australians, it seems, have literally bet their houses on interest rates staying at the current record lows. There’s a stock-standard way of reporting the outcome of a Reserve Bank meeting in which the board decides to leave the target cash rate unchanged. You’ll have heard it on radio: “Homeowners can breathe a sigh of relief after the RBA left interest rates on hold”. But with interest rates as low as they are, any homeowner who is really holding their breath waiting for the RBA decision these days is, quite simply, living beyond their means. http://www.thepunch.com.au/articles/if-rate-rises-are-hurting-now-you-need-a-smaller-house/ It’s time for a hard conversation about money. Some Australians, it seems, have literally bet their houses on interest rates staying at the current record lows. There’s a stock-standard way of reporting the outcome of a Reserve Bank meeting in which the board decides to leave the target cash rate unchanged. You’ll have heard it on radio: “Homeowners can breathe a sigh of relief after the RBA left interest rates on hold”. But with interest rates as low as they are, any homeowner who is really holding their breath waiting for the RBA decision these days is, quite simply, living beyond their means. penberthyd@newsltd.com.au (David Penberthy) Article http://www.thepunch.com.au/articles/if-rate-rises-are-hurting-now-you-need-a-smaller-house/#comments http://www.thepunch.com.au/articles/if-rate-rises-are-hurting-now-you-need-a-smaller-house/#item1905 Sat, 26 May 2012 20:00:49 +0000 It’s time for a hard conversation about money. Some Australians, it seems, have literally bet their houses on interest rates staying at the current record lows. There’s a stock-standard way of reporting the outcome of a Reserve Bank meeting in which the board decides to leave the target cash rate unchanged. You’ll have heard it on radio: “Homeowners can breathe a sigh of relief after the RBA left interest rates on hold”. But with interest rates as low as they are, any homeowner who is really holding their breath waiting for the RBA decision these days is, quite simply, living beyond their means.