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Well there you go; things are looking up....bit less pressure on a few for a while.

Quite true. But, this problem is completely out of the RBA's (and Gubb) control now... We are experiencing the lowest interest rates we've ever had in this Country, and yet unemployment is still rising, and now that the Banks have shifted the lending goal posts again and tightened up lending...

This is not a recent thing; has been happening for several years now.

Update: A guy on ABC radio this morning stated he had done an analysis of thew ABS figures for jobs created in the last quarter; His result was that all 40,000 jobs created in that quarter were part time. This is against a figure of 11,000 full-time jobs disappeared. Not hard to work...

Which areas/industries showed employment growth? (other than possibly building of new dwellings currently) UPDATE: Just heard on ABC radio news that Myer is possibly going to be closing up to 20 of it's "signature stores".

Dromana, Mornington Peninsula.

Not at our joint. We had 2 groups through on Sat.

yeeeehaaaa!!!!!

I find this very, very, very hard to believe... Apparently; when folks give up looking for work, they are excluded from the figures...the volume of folks looking decreases; hence the unemployment rate decreases. What a joke. Here's a small clue as to how things are really travelling out there...