Not too often a good company offered to you cheaply, page-2

"the RBA will keep cutting interest rate further" - that's quite an assumption. Care to back it up? Relying on the monetary policy of a reserve bank, which have absolute discretion as to what to do during a downturn, in order to determine whether to invest in a company, isn't the best approach.

Cheap debt is the cause of the upcoming global financial crisis and is going to magnifying the losses of the many companies addicted to it - so I wouldn't expect it to stick around much longer, or think it is a positive in this situation.

Heavily debt laden companies are going to suffer over the next couple of years.