the rba, page-7

Our interest rates are way too high... compare Canada with similar mining income to ours!

Their banks borrow from the same source as ours and have their bank rates set much much lower

Our dollar is so high the overseas students income (worth billions to Australian economy) is way down and falling

Our tourism is down and almost non existent

Retail is down

Our Business is down with increasing numbers of businesses closing shop

The real destruction of these Australian industries is being hidden by the mining boom.

And this country will be devastated when China falters

The RBA is now toothless! The RBA have given IR control lever of our economy over to the banks and the banks first concern is their shareholders.

We are doomed unless the fools who run this country wake up and that does not appear probable soon


Thes are my opinions g48