The Other Side of the Australian Coin

Many are quick to question the logic behind Australia’s recent pattern of raising interest rates, citing the risk involved with this strategy and the “danger” it puts Australia’s economy in by lowering housing demand and making financing more difficult for businesses. Some call it an outright mistake. Boo hoo. The finance gurus of the world sound like a bunch of children jealous that their little brother opened a Christmas present that they asked for. ‘Tis the…