http://www.crikey.com.au/2012/11/21/the-rba-versus-the-new-normal-of-uncertainty/ now with extra source Wed, 22 May 2013 21:11:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.crikey.com.au/2012/11/21/the-rba-versus-the-new-normal-of-uncertainty/comment-page-1/#comment-229091 Robert Groom Wed, 21 Nov 2012 10:27:05 +0000 http://www.crikey.com.au/?p=332519#comment-229091 The RBA Board and Glenn Stevens live in some parallel universe where they think because global economic conditions have improved marginally then that is a good enough reason not to make another immediate rate cut here. The RBA should be cutting aggressively and promoting growth as much as possible. If you want improvements to productivity start with the high real cost of money! The RBA Board and Glenn Stevens live in some parallel universe where they think because global economic conditions have improved marginally then that is a good enough reason not to make another immediate rate cut here. The RBA should be cutting aggressively and promoting growth as much as possible. If you want improvements to productivity start with the high real cost of money!

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