I believe the GFC#2 will not arrive until the stimulus is removed which now appears to be further away.
http://www.businessspectator.com.au/bs.nsf/Article/SCOREBOARD-Ghost-of-Greenspan-pd20091111-XNSPF?OpenDocument&src=sph
I have been a holder of this stock since it floated as IT&E with only the Commsec site as its vanguard. Management are doing a very good job of breaking into an area with huge established players.