interest up 25 basis points, page-9

Small businesses - timberrrrrr

Export businesses - timberrrrrr

Australian property - timberrrrrr

Remember the rate hike just before onset of the GFC?

Remember how we did not have a recession because of massive stimulus which is now being wound down and tightened?

Remember how worldwide growth is anemic and that the rally on the Dow is due to investors fleeing a falling USD from QE?

It is pay back time people, resources can only go so far when the AUD is high. Now all bets are off.

It is going to be a very lean Christmas for some.