Yes, it’s RBA madness time and what a show we have today. Fairfax has gone hog wild. The AFR seems to have deployed its entire staff to Martin Place:
- More cuts needed. Alan Mitchell
- Big cut, big risk. Philip Baker
- It’s the dollar! Jacob Greber and Laura Tingle
- It’s the Budget! Joanna Heath
- It’s the banks! George Lionidis and Vesna Poljak
- It’s the criticism! Paul Brennan and Josh Williamson
- It’s inflation! Matthew Stevens
- It’s about control! Joanna Heath
- It’s Elvis! Horror News
- But it won’t work! Ruth Liew
- Yes it will! Tony Boyd
- Whatever it is, it’s not the bank’s fault! Jennifer Hewitt
- And stocks love it! Biance Hartge-Hazelman
Whoa! Then there’s the dailies:
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- The banks won’t pass it on! Peter Martin and Chris Zappone
- Bouris says it’s the Budget. But not the Government? Mark Bouris
- It’s the interests! Ross Gittins (see above)
- Housing needs more. MORE! Elizabeth Knight
- Housing ready to bounce! BOUNCE! Andrew Wilson
- SE Australia needs more. MORE! Malcolm Maiden
- But stocks love it! Eric Johnston and Clancy Yeats
And the proto-Fairfax Business Spectator:
- It’s not panic! Stephen Bartholomeusz
- Don’t forget me! Chris Joye
A rapidly diminishing business and economics team at News mustered a paltry showing by comparison:
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- Blather about statement. Adam Creighton
- It won’t work. Adam Creighton
- Banks hold cards. Scott Murdoch
- Mortgage relief! Nicolas Perpitch
- RBA aims for sweet spot. David Uren
- Can a rate cut save the government? David Uren
- Swan bashing is what I love. Judith Sloan
- You’re all idiots! Terry McCrann
I would just like to say, in case your wondering, that this is not MB’s fault.