RBA lets it rip: are Australia’s home loan rates finally going to rise?

Two big things are happening in the bond market. One, the government is actually borrowing at a profit. Two, there appears to be a quiet plan by the RBA to let bond rates rise and take the heat out of housing. As the banks “printed money” warchest hits $250bn, the central bank has stopped stomping on the key 3-year bond rate. Michael West reports.