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PerthFX there are cutbacks/redundancies going on all over the...

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    PerthFX there are cutbacks/redundancies going on all over the place if you haven't noticed...all of the miners are winding back staff numbers. I'm sure there are even cutbacks in the retail area.

    I expect higher unemployment figures over the rest of the year and perhaps a drop in the housing market, especially if we don't see a commodities bounce.
 
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