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  1. Peter 14.7

    Recession likely in Australia

    Hello All Articles in the papers based on independant stats, studies, data compliled by groups with no vested interest are useful but I agree they are in often hindsight and hence confirm what we already know. Projections are just that and need to be taken with a guarded eye. IMO australia...
  2. Peter 14.7

    Recession likely in Australia

    Other way. Lower $ makes our products cheaper OS, our tourisim cheaper to come here, etc.. Lower $ makes Fuel more expensive. But economic activity encourages a strong $. So lower rates = activity = higher $. Peter
  3. Peter 14.7

    Recession likely in Australia

    I disagree. Common Wisdom is lower rates helps everyone. Business pay less for money tooperate, expand, pay wages, buy stock.. Home Owners pay less to own Investors can charge less to renter Investors buy in and cause work for builders Low Income Earners with CC debt pay less in cards...
  4. Peter 14.7

    Recession likely in Australia

    Hey Bill I am glad my rant ( I usually class myself as moderate) hit a chord. Sadly, you are probably right especially as Turnbull is in agreement. I just dont understand why they didnt apply in another format like every payments in installments via Centrelink for pension and child care...
  5. Peter 14.7

    Recession likely in Australia

    Agree, agree, agree and kudos on the way. Where are our diverted Qld rivers to parched NSW Murry Darling? Where are mega solar plants? Where are very fast trains? Were are our Snowy Mountain Schemes? $10BN spent on consumer goods! Latham could have come up with that! Peter
  6. Peter 14.7

    Recession likely in Australia

    The irony of your above wit ( which by the way is very good) is that it is illegal to fail to register your dog in NSW and it is not to fail to register your child! Peter
  7. Peter 14.7

    Recession likely in Australia

    The Libs lost because Howard failed to give over to Costello in 04 against Latham. Malcolm Turnbull will make an excellant option. He prempted the Pensioner Bonus. Peter
  8. Peter 14.7

    Recession likely in Australia

    And I vote for the motion. An opportunity lost.:(..... I voted for Rudd on his promise of nation building, not encouraging the import of Plasma screens from China. He could and should have done sooooo much more. Where are the abolition of the states? Rationalisation of services? My...
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