4BC - Fairfax Radio Network

What we're talking about

  • CRY FREEDOM on Terror raids in Australia Thanks labor for letting them in by the boat loads. more
  • Gutless Wonders on Terror raids in Australia How do you sleep at night. How can you look into your childrens eyes and not accept the fact that your actions are ... more
  • All stand in applause for WA on Terror raids in Australia How clever is WA. We should all take of our hats to their extraordinary contribution. The WA division of Fairfax radio is ... more
  • Australia is a nation under siege on Terror raids in Australia When foreign or domestic enemies attack or seek to undermine Australia, government is the first line of defence. When ... more
  • John on Calls for Island bridge Phillip ISLAND, Bribie ISLAND ask any of there locals, they still say mainlanders, what a rediculous arguement if you build ... more
  • John on Calls for Island bridge I'm with you Rita, Two words for me , Bribie Island still pristine where locals enjoy living and touries can't get enough ... more
  • John on Calls for Island bridge I'm with you Rita, Two words for me , Bribie Island still pristine where locals enjoy living and touries can't get enough ... more
  • John on Calls for Island bridge I agree totally with Walter. A bridge will destroy the uniqueness of Russell Island. It appears that the almighty dollar is ... more
  • eddie terrill on Catch up with Ken Sparkes hi ken; great show tonite 30-09;enjoy the music once again ,keep on rocking from a60s&70s listener.eddie t. more
  • 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

Swan pushes banks

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

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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