Truth or dare

Now the post-election dust is settling, many are wondering whether election promises will be kept. There is no doubt the election campaign focused heavily on interest rates. John Howard stated categorically that it was about “trust”. Mark Latham hit back by declaring his promise to keep interest rates low. However, promises are just that. There was certainly a fear factor involved with the latest election and it appears to have worked.

We already know there is an impending rise in interest rates. The most