Gottiboff: Bushfire boom imminent!

Gottiboff is excited:

There is increasing evidence that Reserve Bank Governor Philip Lowe and his people are significant contributors to the increase in pessimism by so many Australians.

…Now bushfire relief and recovery has given the government a justifiable reason to spend that surplus and more. The big bushfire spending proposals of the federal government may now give the Reserve Bank an excuse to stop rate cutting without admitting error.

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