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RBA bleak on Australian economy

 
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Old 12-08-2008, 11:03 AM   #1 (permalink)
Sim
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RBA bleak on Australian economy

Lateline Business - 11/08/2008: RBA bleak on Australian economy

Quote:
Inflation looks set to finally fall, but the cost is likely to be rising unemployment.

In its quarterly statement on monetary policy the Reserve Bank painted a bleak outlook for the Australian economy.

There is some good news though, with heightened expectations that interest rates will soon be coming down.
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Old 12-08-2008, 11:53 AM   #2 (permalink)
crc_error
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When Labor was elected we all knew the Australian economy would die.

Now is the time to invest into overseas managed funds..

With resources dieing, this will further kill our economy..

Kevin07 Recession 08 Depression 09
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