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This is exactly what has been happening for a very very very very very long time now (emphasis on the very). It has produced no results. It is time to drag the industry kicking and screaming, as there really is negative time left for action.
Hi.
Glen Stevens from the RBA thinks the Australian people are ready to spend again.
Well I am only a "dumb dick" from Nth. Qld. and I believe the Australian people will spend again when the rate is lowered.
The rates should be about 0.5% lower than where they are.
Stevens, Gillard and Swan have been on the "happy weed " too long.
Once again the RBA has got it wrong.
Dump Steven and install Costello and we may have a shot at surrival.
If not , then we are heading for a cliff with a big drop.
joea
.............. because they do come at a price, a very high cost of dealing with a deteriorating climate.
. It is time to drag the industry kicking and screaming, as there really is negative time left for action.
Not as far as I'm concerned.H
The rates should be about 0.5% lower than where they are.
Where do you get the idea that we have a deteriorating climate?...
Not as far as I'm concerned.
I'm really tired of always seeing the emphasis with interest rates being placed on how they affect borrowers. A bit of understanding for the interests of those who have worked hard enough to save and be depositors has been quite pleasant for a damn change.
And Startrader, Mr Stevens is being paid for somewhat more than simply the number of hours he spends thinking about where interest rates should be. Perhaps, however, you could email him with your recommendations.
Where the hell are we heading? After reading the attached link and watching Christine Milne on Qand A Monday ABC, we are heading into dangerous waters and we should turn the ship around.
It is not the first timed I have mentioned how socilaist left idiology, call it communism if you like, do not believe in freedom of speech and their desire to control the media. They will do anything to force their idiology onto people especially the naive. The word 'PUNISHMENT' was mentioned by the innocent face of Chistine Milne. Please look behind her.
To those who allowed these Green 'RATBAGS' into parliament, SHAME ON YOU. YOU WILL RUE THE DAY.
http://blogs.news.com.au/couriermai...reens_plan_to_silence_the_press/#commentsmore
It seems that it has been so long since our fathers and grandfathers put their lives on the line for the sake of liberty that we have forgotten its significance... and how many of them paid the ultimate price for it.
So true Wayne, is this the Australia fought for by the Anzacs. Is this the Australian Labor Party of Curtin and Chifley. Ever dimmer grows the Light on the Hill.It seems that it has been so long since our fathers and grandfathers put their lives on the line for the sake of liberty that we have forgotten its significance... and how many of them paid the ultimate price for it.
Not as far as I'm concerned.
I'm really tired of always seeing the emphasis with interest rates being placed on how they affect borrowers. A bit of understanding for the interests of those who have worked hard enough to save and be depositors has been quite pleasant for a damn change.
And Startrader, Mr Stevens is being paid for somewhat more than simply the number of hours he spends thinking about where interest rates should be. Perhaps, however, you could email him with your recommendations.
Fundamentally it is about productivity of energy supply and, since virtually all activity uses energy, productivity of the overall economy.These are all good points, but I would like to ask how you would propose this be done? Green energy costs more than coal. The way around this is to price coal emissions - because they do come at a price, a very high cost of dealing with a deteriorating climate.
Whether you price emissions through a market ETS or force industry to use green energy, it will not be as cheap as coal, so the end effect is the same as it is now.
How exactly would you suggest we circumvent this?
If wind farms are a problem, how much greater is the problem of coal seam gas wells popping up all over farmlands? And city water catchments? And even in suburbs? Cattle have no problems with wind farms, but they sure do have problems with contaminated water.How big of a problem are these wind generators popping up all over farmlands? Also read that some farmers stopped herding cattle to instead use their farmland to become a carbon sink (cows farting is a no no). So using prime farmland for green dreams has become more important than food production?
I heard Labor will next introduce 'stop breathing for the planet hour'
Well, for a start retailers could consider providing some actual service. For too long they have taken for granted that sales will be ever increasing just because people spent without consideration and felt affluent.Julia
Don't you think the retailers would appreciate a bit of spending. Jobs are important.
The money has to come from somewhere.
So true. I shudder to think what else may be exercising their lurid imaginations.Gillard and Swan have the "wind up " the Australian people because the people know they are incompetent. We do not know what crazy scheme they will think up next.
Oh dear. Well, perhaps they could take a bit of responsibility for becoming financially literate and looking after their super and investments so that they do not decline.As for those people who have worked hard, they are now watching their super and investments decline.
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