Article in The Australian newspaper, not anything we didn’t know from this morning’s media event, but a round-up nonetheless.
JULIA Gillard has fired a warning shot across the bows of the nation’s banks ahead of today’s likely interest rate cut, saying they should pass on any reduction in full to borrowers.
… the Prime Minister emphasised the strength of the nation’s economic fundamentals.
“The economy, as the Reserve Bank itself says, is growing at around trend growth,”
