I hope you are right mate. That inflation data out today was a shocker. Up 2.2% in the Sept quarter...biggest contributor was a whopping 4.5% increase in the cost of building a house just in that quarter (annual rate 18% per annum). This must be reflected in the price of existing units going forward so is a real plus for this sector in my view. Money in the bank is losing it's purchasing power at a phenomenal rate at present.
The scramble is on to protect the value of one's capital. I need to have a very long hard look at the high level of cash I am running in my portfolio which is looking like its FAR too high.