Sunday, June 10, 2012

WEEKEND ECONOMIST: Wary of the consumer

The RBA's decision to cut rates this month was the right one, and while the March economic data showed brief burst of consumer spending this will likely be unsustainable, meaning a further 75bps of cuts will be needed. 8 Jun 2012 6:13 PM

Source: http://www.businessspectator.com.au/bs.nsf/Article/RBA-rates-decision-25-basis-points-GDP-pd20120608-V3BJ3?opendocument&src=rss

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