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no luck there either http://www.smh.com.au/business/stevens-cuts-through-the-noise-20110503-1e68p.html

theres inflation and then theres inflation. Some needs to be focussed on, others less so. but i'm getting lazy here.

Personally i dont think there is much leeway for rate cutting, if one is lucky maybe 25 basis points. I think the RBA is quite happy with its 'mildly restrictive' monetary policy. It wants to keep thing this way so that if seriors problems do occur they have kept the keg dry and ready so to...