25bps cut, page-23

thoughts from business spectator gurus:

4 Dec 2012 | 4:18 PM | STEPHEN BARTHOLOMEUSZ

'Sinking terms of trade and a shrinking resources investment pipeline mean today's rate cut was a near certainty. But the dollar's refusal to reflect the change in outlook is the big concern'.

4 Dec 2012 | 3:27 PM | ROBERT GOTTLIEBSEN

'The snip in the official cash rate will help some retailers in the run-up to Christmas but it does little to solve the underlying issues blighting the country. More cuts are on the way'.

4 Dec 2012 | 3:41 PM | ADAM CARR

'If the best reason the Reserve Bank can come up with for emergency level rates is a 20 per cent forecast for business investment, then something is seriously wrong'.