Robert Gottliebsen has just gotten off the blower with High-rise Harry Triguboff, who is smitten by the resurgent Sydney property bubble:
A jubilant Harry Triguboff, who dominates the Sydney apartment market, called last night to say: “What makes me so happy is that the Reserve Bank has dropped its interest rates to 0.75 per cent and it is not frightening us that interest rates are too low.
“But what makes me even happier is that the government is helping people to buy. The government is no longer saying that young people cannot afford to buy and people now feel that the government wants them to buy.