september and december for rate cuts is my call. 0.25% each...

september and december for rate cuts is my call. 0.25% each time.

Mr Rudd's budget surplus will soon be a deficit imo. Alot of the surplus was CGT contributions and earnings from miners. Both have been hit hard the last 6 months. Rate cuts are a certainty now, and sooner then later imo. Where will inflation come from? Raw material prices are way down, fuel/oil coming off, domestic demand - close to non-existent, retailers slashing prices.. the list goes on