4BC - Fairfax Radio Network

What we're talking about

  • Mini Clean on Cleaning baths a 'manly' way Wow this is an amazing 23 second video! it is definitely easy to use and very manly indeed! but i like it. It sure can clean ... more
  • James W on "Oh, Where's the feeling?" mick, even David T agrees that my comment was sensible, it got him talking again. more
  • Gordon Heelan on Save Brisbane's history Do you think the Bonded Store Buildings should be saved and heritage listed?Yes I do as history is a important part of our ... more
  • Bob Lord on Electricity savings on way So the plan is to increase the risk of blackouts because people aren't prepared to pay for the excellent electricity service ... more
  • Bob Lord on “$80 billion black cloud" Major infrastructure investment occurring in Qld over the past few years before LNP according to the Commission of Audit:1. ... more
  • Gus Nathan on Vale, Haydn Sargent Really sad to learn of Hayden Sargent's passing away. Ever since our arrival in Australia in 1975, we tuned to 4 BC daily ... more
  • David T. on "Oh, Where's the feeling?" Yes James, I'm waiting for you to say something sensible. more
  • James W on “$80 billion black cloud" So the $4Bn per year we pay in interest could pay for so many schools, so many klms of roads and so many hospitals. What do ... more
  • James W on "Oh, Where's the feeling?" mick, AUstralia had never had AAA from all 3 major ratings agencies before Rudd was PM, FACT. more
  • Warren on Live webcam over Brisbane River. I would like to use your webcam. Seeing what you and your guests look like in the studio adds enjoyment to listening to ... more
  • mick on Colmslie saves it's Fish Factory Khushdeep ring Rudd's missus she is supposed to be the guru in placing people into jobs at a great expense to the taxpayer. more
  • mick on "Oh, Where's the feeling?" the recent state labor governments are the ones who have lost the aaa ratings in recent years. In Fact the most Triple A ... more
  • mick on Obesity a personal issue? Jack2967 obesity in itself can be the symptom of many other chronic illnesses and the result of medications used to treat ... more
  • Where is it? on LIVE NRL returns to 4BC What's happened to Fresh on Sunday? Disappeared when the CCT returned. Are you going to put it on at a different time?Would ... more
  • victor Madison on Promising signs for HIV cure I want to say hello to the world at large, I am very grateful for the good deeds DR.OGODOMEN did for me, I was a HIV ... more
  • Elisa Jed on MiniMovers fleet sabotaged Did they find the person that sabotaged the moving trucks? This is definitely a hard time to lose so many trucks. I think ... more
  • Annie Johnston on Boland back for Brisbane Warren, it is so good to see you are back on the radio. 4BCs gain is ABC's loss. And what a loss it is! Your league of ... more
  • Steve Yeppoon on Boland back for Brisbane Driving out to work this morning and planning to listen to Warren for the 3 hour drive. Disappointed to learn Warrens not on ... more
  • James W on "Oh, Where's the feeling?" Gone quite quiet again David T. more
  • Bob Lord on Mobile tech leading way Ah. Just a little. Currently 2 smartphones, 2 tablets and a laptop make use of a cable broadband, home wifi and a portable ... 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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