Evidence for the prime minister's contention that the banks are "profiteering" is thin on the ground.
Record low interest rates will almost certainly drive up property prices. But they will also drive down unemployment and boost investment generally.
If needed, Governor Lowe will cut rates to near zero, and then effectivly cut them further.
Australia is becoming more like the United States. Increasingly, we invest overseas. Our domestic economy is weak.
With a relatively low debt to GDP ratio, Australia was never at risk of becoming Greece. But Germany, with negative interest rates and scant prospects for economic growth, is an open question.
The Reserve Bank's best case scenario is that its forecasts are wrong.
Australia has more to fear than most countries from a global trade and currency war. All eyes will be on the Reserve Bank governor Friday as he attempts to outline what might happen.
A bold government would have delivered stages one, two and three of the tax cuts at once. Boldness is what we need.
Donald Trump has had four of his nominations for the US Federal Reserve rejected. Now he has another two.
Philip Lowe is on the cusp of permanently changing Australia. He stands a good chance of being one of the best governors since the first, who ushered in the goal of full employment.
The Reserve Bank has cut the official interest rate to a new low of 1%, reflecting continuing concern over the slow economy.
By himself, Reserve Bank Governor Philip Lowe may not be able to keep us out of recession.
There's nothing unusual about quantitative easing. Our biggest mistake would be to be to wait.
The next set of instructions handed to the Reserve Bank will have to be realistic. That might mean a big change.
The Reserve Bank cut interest rates on Tuesday because we weren't spending or pushing up prices at the rate it wanted. On Wednesday we might find things are worse than it thought.
Combined, APRA and the Reserve Bank are about to give households on $150,000 up to $120,000 more borrowing power.
Under cover of a speech from the Reserve Bank governor, the Prudential Regulation Authority has moved to make it 10% easier to borrow.
Frydenberg and Morrison will have to switch from boasting about the economy to fixing it, quickly.
Expect two more interest rate cuts, but they mightn't be enough.
Interest rate cuts don't work like they used to, and they help us put off the hard things we need to do to improve our lives.