Distillery: Indonesian impediment

Jotters see a thorny asylum seeker issue in the way of Abbott's Indonesian trade plans, while one pops the housing bubble buzz ahead of today's RBA rates decision.

Housing bubbles, today’s rates decision, business ties with Indonesia and a surging sharemarket (yesterday aside) have the commentariat going in several different directions this morning. The Indonesia story aside, the one constant is there’s reason for a lift in confidence.

First to property, and the chatter around a housing bubble refuses to die down – though most business scribes are convinced there's no such thing. Make your own mind up as to whether that’s a good sign or not.



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