4BC - Fairfax Radio Network

What we're talking about

  • Bruce Norman on Farewell Mark 'The Ear' I started listening to Mark when the 4BC came to Tasmania, and I just think the "turf teasers", even though you have to wake ... more
  • John on Calls for Island bridge Did buy a block to build and retire to one day. It's nice to get good clean discussion about the Bridge , not to sure about ... more
  • Helen Arnall on Calls for Island bridge Private enterprises could be used to build a bridge - Look to Isle of Skye in Scotland - lots of protests, but successfully ... more
  • Dale on Crime corner Whiskey au Go Go Bluey O.Gorman loved to go the knuckle with the smartys but no way was he involved with the rat pack or ever on the take. more
  • Rita on Calls for Island bridge Russell Island is a fast growing community with needs as any other. A bridge would give RI residents a future with ... more
  • GregHS on Calls for Island bridge Walter, if I say just one word - parking, that would crush your arguments. No matter what, growing population will not stop ... more
  • James W on Calls for Island bridge Island Owners should stump the money up, if they want it. It will be their land values that will increase to offset the ... more
  • walter on Calls for Island bridge The whole idea of island living is the apeal of seperation & apart from mainland living. A bridge would ultimately destroy ... more
  • Debbie Copnell on Kim Mothershaw Cruise Hi Kim How's the family? My father heard you advertise on radio a cruise to Gallipoli for Anzac day next year. Could you ... more
  • Craig on VIDEO: Terrorist discussion Only trouble with this video is it was created on the 16th July, that is a day before the plane was destroyed. So who is ... more
  • Ash Gulati on Calls for Island bridge OMG still no bridge, I thought it will be due for maintenance soon... since how long the residents been yelling for one... ... more
  • Cheryl on Calls for Island bridge Dear readers.Russell Island is defianetly growing.Why because the demand of affordable land is sadly becoming unavailable.I ... more
  • CHARLES on New banknotes Like to see just plenty of $100 notes shared around.. more
  • Karen on Boland back for Brisbane I would listen in the mornings if Warren Boland STAYED, otherwise NO!!!! more
  • mal moon on 30 pubs in 30 days I would like to get the sound track from 30 pubs in 30 days more
  • jodi on New banknotes tacky looking, surely they can put these amazing Australian's on notes that don't look like so cartoony, i think its the ... more
  • Reg on Boland back for Brisbane Great to hear that at least 4BC knows Warren's value. ABC really lost the plot when they dumped him. I'm just at a loss to ... more
  • Rita on Calls for Island bridge If you would like to support Russell Island Queensland please join Russell Island Queensland Bridge supporters on Facebook. ... more
  • Rita on Calls for Island bridge Russell Island is a community & part of the RCC & should be treated as such. If they need a better solution to transport ... more
  • Geoff Emerton on Beatles Day Without any doubt, the biggest sporting event in the world is the Hockey World Cup. How come there is no mention of it? more

Swan pushes banks

Posted by: 4bc.com.au | 3 October, 2012 - 8:06 AM

Treasurer Wayne Swan has once again urged banks to pass on the full interest rate cut the Reserve Bank of Australia (RBA) made on Tuesday.

The RBA announced it would cut the cash rate by a quarter of a percentage point to 3.25 per cent in response to a weakening outlook for global economic growth.

Mr Swan said on Wednesday many of the retail banks "have form" in not passing on full cuts but families and small businesses with mortgages deserved the cut.

"I think we'll see a variety of responses from a variety of financial institutions," he told ABC radio.

"From my point of view, the banks should not keep some of this rate cut back, they should pass it through in full."

Blog comments Your Say

  • Borrowings at $150Bn or $17,241 per Tax Payer, very manageable. Australia's economy is one of the best performing (if not the best) first world economies on the planet, end of story.

    James W Monday 19 November, 2012 - 11:07 AM
  • the borrowing and spending still out of control, and where is the budget suplus.
    Rich here is another one in LaLa land still believing in the Europe gang of idiots.

    mick Monday 19 November, 2012 - 7:17 AM
  • mick, good news, the IMF has given Australia's economy a big tick. The IMF is forecasting growth of 3.25 per cent in 2012 for the Australian economy, faster than any major advanced economy.

    James W Sunday 18 November, 2012 - 5:49 PM
  • Hey Bob,
    I know that you live in LA LA land but no one has denied the economy is strong.
    What we are saying to those in LA LA land is that Swann and Gillard should claim ownership of our geography and China's insatiabale appetitite for our mineral resources.

    Rich Wednesday 10 October, 2012 - 10:23 AM
  • Yes Gayle and Rich(ard), still living in the world of gloom and doom I see. Those ratbags at the IMF have this to say about the Australian economy "AUSTRALIA is now the 12th largest economy on the planet, and the standout performer among advanced economies according to the International Monetary Fund. "
    And we still have THREE TripleAAA ratings despite a worldwide recession eating into everything - amazing.

    Bob Lord Wednesday 10 October, 2012 - 6:47 AM
  • Harry
    I don't deny that Swannie/ Gillard/Rudd have achieved nothing and yes the facts do speak for themselves, they have achieved what was previously unimaginable they have put us into $250 Billion DEBT

    Gayle Tuesday 9 October, 2012 - 4:13 PM

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