it is not the first time the RBA has lowered interest rates.

This is in tune with world events.

Australia is on hold to a degree while China and Trump sort out their tariff matters.

juliar wrote on Jul 30^th, 2019 at 8:21pm:

The lowering of interest rates to 2.25%, 2.00%, 1.75%, 1.50%, 1.25% and 1.00% is the first time the RBA has lowered interest rates to these levels.

They're not cutting interest rates because the economy is doing well. Interest rates are being cut to record lows because the economy is struggling.

For some comic relief, bitter and twisted Shorty bungs on the sag grapes and sucking lemons.

Is Chloe going to divorce him ?



Bill Shorten breaks post-election silence to take responsibility for Labor’s loss
Samantha Maiden 4:26pm, Jul 30, 2019 Updated: 4:39pm, Jul 30


Former opposition leader Bill Shorten

Former Labor leader Bill Shorten has declared he takes responsibility for the party’s shock election loss, and that he holds no resentment about the result.

In his first broadcast interview since the May 18 federal election result, Mr Shorten said the ALP needed to heed the lessons from voters, and he accepted his responsibility for the outcome.

“It was very disappointing. Just plainly, very disappointing, and disappointing for me, and I think disappointing for a lot of people, but nonetheless it has happened. That’s the democracy,” he told ABC TV.

“As I said on the night, the people have expressed their view, so we need to move on and be the best possible opposition. It’s a privilege to serve in Parliament. I understand that and I have still got the fire for Parliament and making sure that we work as a united team.

“The party is going to have a review and we will see what comes out of that. But, in the meantime, I am very grateful to the united team who supported me for the success and the millions of people who voted for Labor. We will learn the lessons and be a very diligent and united opposition.”

In his first speech to the ALP caucus after the defeat, the former opposition leader blamed “corporate leviathans” for their role in the loss – a reference interpreted as referring to Clive Palmer and News Corp publications.

Asked what sort of grieving process he had undergone after expecting to become prime minister after six years in opposition, Mr Shorten claimed it was done.

“It’s happened. What I have been able to do is reconnect with my family, and that is a silver lining,” he said.

“To the millions of Australians who voted Labor: Labor will still be a very determined opposition and we will still keep advocating our values that plenty of people wanted to vote for us. And we will have to learn our lessons, which is why the party is engaging in a very extensive review.”

Mr Shorten would not be drawn on what advice his wife, Chloe, had offered.

“She can speak for herself, as people know. She is a very capable lady … She put up with six years of being with me as opposition leader. I think she has got the right to speak for herself,” he said.

Asked if he took any personal responsibility, Mr Shorten said he did.

“That’s why I stood down, absolutely. You have to take some responsibility,” he said.

“I love being in politics. It’s a chance to make a difference. Part of a united team – I am very grateful to the voters in my electorate for giving me another term.

“The party is reviewing the whole election and what I am going to do is give time for that process to happen.”

https://thenewdaily.com.au/news/national/2019/07/30/bill-shorten-labor-loss/

Oh dear, frustrated upset Bammy is getting coarse.  Whatever happened to his strict political correctness ?

Thank Goodness Australia is in good safe hands.

If Labor had gotten in how many leaky boats crammed with Labor's country shopping illegal invaders would have arrived by now after Labor RESTARTED the BOATS ?  500 ? 1000 ?

But exports of Australian clean coal to India from ADANI will help.

Gosh! Bammy has gone into overdrive hurling GetUp! propaganda around like it is confetti.

This is the sort of stuff that would be happening right now if Shorty had gotten in.

But Australia is in good safe hands.

Just once, I want Scomo to look to the camera and do one or two of these lines:

Well done both Craig Kelly and Joel Fitzgibbon supporting coal exports.

! It’s refreshing to know there are at least a few ‘common sense’ politicians still out there on both sides to hear the voice of the ‘quiet Australians’!

Moving on to another confected ‘issue’ by the hopeless Labor - the ‘grasslands gate’ issue targeting poor Angus Taylor, that is another insane environmental area that needs cleaning up.

How many wealth generating projects have been thwarted by these crazy environmentalists? Endangered species of grass - my foot!

Farmers are prevented from developing their own land and Labor is taking to task a decent man for trying to help remove these insane environmental policies - self serving or not.

If it is not ‘black throated bird’ it is this ‘endangered  grass’ that takes priority over humans!

ScoMo should have backbone to clean up all these insane environmental policies designed only to vandalise the economic growth, by limiting the environmental matters only to very serious ones where there is real harm to the society.

Come on ScoMo show your backbone!