What's The Interest In Changed Rates?

Interest rates have gone up for the fourth time in 15 months because we're all doing so well, didn't you know!

Isn't your farm worth 3 times as much as it was 8 years ago? Houses are so the rest of us must be doing well too. Pity you can't eat equity and have to borrow for feed and fencing.

Aren't you benefiting from the miners making a huge whack out of sending-off sand from the sand-pit for other countries to value-add (I thought we would have learnt from the mistakes of Pig Iron Bob doing the same during WWII). The fact that we're buying it all back in white-goods, bikes, computers etc etc doesn't worry the miners though. They're only concerned with getting trained labour off our farms.
And the fact that we're borrowing at record levels to fund all this is OK according to Messers Howard &, Costello - they say we can afford it. (Remember the Debt Truck? it was something less than $300Billion but now it's more like $500Billion !)

Let's not forget our core business of food prices either. Apparently milk and meat are up which is great for our incomes isn't it. How much have you received of these?

Thank goodness Messers Anderson, Vaille & McGauran are sticking-up for the farmers, 'cos no-one else cares a hoot! What was that Mr. Vaille? Please don't speak while Mr. McGauran is requesting another safe seat. You wouldn't mind a job in London soon? Hang-on, we're still looking for a Board possie for Mr. Anderson. Isn't he the bloke we need to reward for setting-up MLA, NLIS and LPA. Perhaps Donnie McGaughie would like to move over and let another good old boy get his nose in the trough so Telstra can continue to ream his rural mates!

Interest rates aren't special. They're just another nail in the proverbial.

What do you think? (Please leave a comment below)