Continuing softness in property markets could see interest rates remain on hold for longer than previously expected.

Ongoing caution from households could be a key factor in whether interest rates go up later this year, according to the minutes of the latest Reserve Bank of Australia minutes. The Bank commented that "one area of uncertainty was the behaviour of the household sector, and whether the recent cautiousness of households would continue."

The conditions in the housing market have already played an important role in the Reserve Bank's decision to hold interest rates at 4.75% in May. The committee responsible for setting interest rates had noted that prices in most cities were either flat or down over the past few months, auction clearance rates in Sydney and Melbourne had been at[Bürger's efforts for a productive relationship between physiology research and internal medicine].
On the occasion of the 100th anniversary of Max Bürger's birthday his performances in the field of physiology are summarizingly valued and deduced from Bürger's philosophical conception. For his whole life Bürger felt obliged to the developmental biological ideas of the first half of the last century. So the observation and description of the age-depending change of physiological accomplishments and functions became his essential subject of research. Particular attention deserve his investigations of the intrathoracic pressure as well as his studies on the sex-dependence of courses of the disease. As clinician Max Bürger particularly identified himself successfully with the development of the pathological physiology as subject of instruction and education.