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I didnt consider that their finance costs would be in USD and acknowledge your point. But it certainly makes our housing look cheaper in global terms. Except that overseas investors think commodities prices = oil. And thermal coal can quite happily go up while oil is going down. So it is...

Thermal coal contract prices for Japan are up again last week. Let's wait and see.

If only we could be so lucky to have the AUD drop another 20 percent. Our commodities export contracts are generally denominated in USD so a drop in the AUD would be a massive windfall for the Rios of this world - we just get that much more competitive against Brazil and Chinese domestic...

Thats a nice plain English summary.

Lets keep in mind that IR cuts are applied on a national basis but state economies differ. It is not improbable that Qld could boom while NSW wallows.

And lets pause and reflect on what happened in the 90s. Property prices went flat for 4 years (and probably backwards in real terms) but flipped CF+ at the end of that stretch across the board. IP nirvana. If we have 4 flat years followed by a burst of CF+ - I reckon that would be a...

I'm not sure the building industry needs more stimulus - its pretty flat chat atm.

You know barbie dolls? They are made in China by Mattel. They sell in a box for about 25 dollars. China gets to keep about 20 cents out that final sale price. The other 24.80 goes to guess who. The kid may be fat but he's not stupid.

Let's try not to draw any lessons from Chinas sharemarkets as they are a farce. Large state owned entities incorporate a subsidiary and list the subsidiary on the market but only 40 percent of the shares of the subsidiary are freely tradeable - the parent keeps 60 percent. The parent can pump...

Ok here is my answer. 1. It will make **** all difference to the Aussie butcher who lives on the Sunshine Coast who has his house paid off and likes to take his dog for a walk on the beach. 2. It will make **** all difference to the young accounting graduate just out of Sydney Uni who...

Seeing as I have to repost this every month or so.