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I agree. Actually though; the Libs are reducing the rate of deficit increase, so that in itself is a "backhand" improvement. But yeah; without the Mining, and no real improvement in manufacturing, little wage growth - on the foreseeable horizon...where is the revenue going to come from? The...

And caravan sales for the self-funded grey nomads. :D

I don't know that the two are synonymous. If you could guarantee more customers with rising rates, then yes. But the extra customers might only negate an interest rate increase. More work; no gain. Like everyone; I want more gain; no work. A really bad scenario right now (for me) would be...

Probably not. They may increase their stock levels a bit if they have been running them lower of recent times. There are a number of reasons why lower rates currently might help stimulate businesses to spend/borrow while the rates are low. It depends a lot on how the business is travelling...

I don't know of anyone here (or anywhere else) who has said that. The dropping interest rates do not cause unemployment; they are a side effect of it. I don't think the unemployment rate as a factor has much to do with the RBA decisions to adjust rates up or down; it is the wider economy...

I have a business loan, some investment debt and a bit of a loan on the current PPOR for the building over-run, so it's fan-frickin-tastic. The last 2 cuts have meant quite a number of thousands saved per year for me. YAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHOOOOOOOOOOOOOOOO!! Keep em coming, I say...

On the unemployment (and business climate)... Correct me if I'm wrong, but you would reckon that if the rates are so low, and getting lower, that businesses would start to borrow more for various improvements and redevelopment, extensions, expansions and so forth - which you expect would all...