Interest rates in Australia need to come down and stay down.The current rates when veiwed against the present international economic situation are in my view oppressive.
It has to start with the reserve taking meaningful action now..25 interest rate cuts and then waiting to see what
happens amounts to nothing more than childs play.
Why wait for things to get any worse.What are we paying all these economic silvertails for.?
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reserve bank lost the plot, page-32
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