Usury rate goes to 4.6% pa.

So, we need to curtail spending, eh, RBA?

Then how about cutting spending on the bonds’ rort?

And how about all the spending on rorting our land prices? i.e. Real estate speculation. We can either have that, or productivity, and we’ve chosen property spec.

So, China makes things for the world while we speculate? That’s going to end well!

OK, so you can’t do it, RBA, because the only weapon that you’ve been given is the tweaking of interest rates. That’s a blunt instrument!

Over to you then, Treasury, and Jim Chalmers!

No?

So, we continue with the tanking of the economy then, Jim?