Re:$2T in Proceeds of Corruption Removed from China and Take...
by rbg246 on Monday January 02, 2017 @09:50AM
(#13301385)
The comment I was replying to was saying Australia's GDP growth was comparable to the rest of the world, I said it was not. Your first source shows a consistent 2 - 2.5 growth rate except the last two where one was 3 and the other 1.8, majority of OECD countries would be very happy with that sort of growth.
In addition it's undeniable that the RBA has been cutting the cash rate and that just like the OP said a rise in the cash rate might pop the bubble. [1]
I don't know the sources of your opinions/information but you should consider whether they are slightly biased for some reason.
[0] - http://www.tradingeconomics.com/australia/gdp-growth-annual [1] - http://www.rba.gov.au/statistics/cash-rate/