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Well actually it is going down the sh.i.tter faster than you think! Firms have stopped hiring people....I am not saying it is armegeddon out there yet....but it is concerning. Having said that 2013 should see an uptick! The move by the RBA is the right one.....they were late by 1-2...

Could there by the ole Aussie Tall Poppy Syndrome somewhere in that statement?? I think most of us are happy....lighten up and have a few drinks...isn't it a holiday over in Vic??...or haven't you had enough drinks yet??:D

Given where the economy is heading not one of them wants customers exiting as credit growth for housing has slowed to a snails pace!! Also they don't want uncle Swannie brow beating them...the negative publicity given to Ralph Norris was horrendous...thankly he is gone!!

Yeah...know that....$3m is where i am heading in the next 1-2 years....

Where is my friend Bluestorm when you need him!!! ;)

$4500 for me! ;) Geez...Nathan....you owe a whopping $3m!!

Well I was month off....but the rate cut has eventuated!! http://www.somersoft.com/forums/showthread.php?t=71398&page=17

Might be different this time particulary for the NAB....they have built their practice on being so called fair campaign.....if they do not pass it on.....people could punish them. They have the crappiest service among the Big 4....so things are on knife edge....also this time credit growth is a...

Ditto...exactly what I was infering to! If the current RBA does not pull the lever.....it might be pretty hard to being things from the brink as there is no RBA meeting in Jan. And a cut in Dec. ...might not help change the gloom and doom psyche at the moment. Cutting now would go a long...

Could not agree more...unfortunately what I say is true. Suggest you research the background of the RBA Gov and some on the board.....reminds of George Bush and the Republicans. As for Hillsong.....suggest you do some reading there also!

In my the opinion this "Born Again Christian" Governor of the RBA and his mates on the board from "Hillsong" are waiting for devine intervention! This dill is seriously about to stuff up the economy as he can't see pay the 2-3% inflation target. The numbers all indicate that the economy is...