Reserve Bank should take its lead from Greenspan

Article Abstract:

Reasons are presented as to why the Reserve Bank of Australia (RBA) should take its lead from the US Federal Reserve and cut interest rates to speed up the slowing economy. A cut to 6% would not only help the internal Australian economy, but would also help provide a buffer against the influence of a weakened US economy.

United States, Influence, Interest rates, Federal Reserve banks

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A tight rein

Article Abstract:

Australian treasurer Peter Costello is of the opinion that the commodity prices will not continue on their present upward course and that the boom is soon going to wane. Costello has also indicated that no more tax cuts will be offered and the government will opt to retain its surpluses.

Forecasts, trends, outlooks, Management dynamics, Executive changes & profiles, Management, Officials and employees, Forecasts and trends, Economic conditions, Beliefs, opinions and attitudes, Market trend/market analysis, Company business management, Tax exemption, Tax exemptions, Costello, Peter, Commodity markets, Australia. Department of the Treasury

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Vote catcher

Article Abstract:

The 2004-05 budget, designed to win a more number of votes has a significant influence on the country's business sector. The provisions of Treasurer Peter Costello's reasonable budget with big tax cuts, which keeps the opposition leader Mark Latham on his heels are discussed.

Budget, Budgets, Public officers, Government officials, Costello, Peter

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