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Nope. Enjoy being right most of the time ;) That said, I still think it's the wrong move. Unlike some, I actually see the Australian domestic economy to be in fundamentally good shape. The greater concern is the global position medium term and I would prefer the RBA to have more ammunition up...

Isn't the greatest threat to the world as we know it in WA the twin evils of extended trading and daylight saving? The TA Act would be a distant third I would hav thought ;)

Spoken like a typical shopping centre landlord overcharging retailers having locked them in to leases with nasty terms....:rolleyes:

No cut this year for mine. The threat of rate rises has improved the savings appetite of the average punter and with 12 months of stability I'm no sure a rate drop would lead to any change in spending habits. I suspect the RBA might prefer to keep their powder dry to deal with real trouble...