"I would say to the borrowers of Australia that I am sorry about that."
What is John Howard apologising for? The interest rate hike, of course.
It's bad news for home owners and for first time buyers who wants to enter into the property market.
The latest rise of 25 basis points takes official rates to 6.75 % and means variable interest rates will soon rise to 8.57%, an 11-year high.
Looks like we have to stick to renting as this stage, and to be prepared for another rental hike in a few months time from the landlord. Sigh.
Click on the picture to watch the video of the interview.
Unlike the Coalition who always coming up with the same excuses all the time, I have to really give credit to the Japanese for their ingenuity.
Women with environmental concerns will have another way to support the cause to reduce cutting down trees.
Triumph Japan showcased the 'My Hashi' or 'My Chopsticks' bras with cups designed to look like a pair of rice and miso soup bowls, and side pouches to hold compact chopsticks.
Besides protecting the planet - the chopsticks encased in both sides of the bra will push up breasts and 'gently accentuate cleavage' too.That's what I mean by staying abreast of issues close to the heart.
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