LNP won the Wholesale Price of Electricity went UP. Lowering interest rates is boosting the poor into debt to spend to survive. Winners the banks who have trailing commissions are safe. They promised the dead won’t be given money to spend or charged for not spending it. However you will. (ODT)

He is planning to do it because the economy is weak, much weaker than his political masters suggested during the election campaign. Consumer spending is “unusually soft”.

via Cutting interest rates is just the start. It’s about to become much, much easier to borrow