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Speaker 1: Does we end this week? Can I proffer an idea

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Speaker 1: that there is an intangible, an intangible starting to bubble

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Speaker 1: as a result of Adrian's big move last week. As

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Speaker 1: far as I can work out, every bank this week

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Speaker 1: has dropped some of their interest rates again, if in

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Speaker 1: fact not multiple times. They have done so. They say

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Speaker 1: because of the Reserve Bank and because of the wholesale rate.

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Speaker 1: They've also said something about being super coal guys who

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Speaker 1: want to help us get ahead in life, all words

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Speaker 1: to that effect. They also gave the game away a

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Speaker 1: little bit by saying it's really competitive out there and

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Speaker 1: that's the real story. Of course, banks need to lend money,

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Speaker 1: and in a recession that's a fairly hard trick to

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Speaker 1: pull off. Might I once again suggest they look at

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Speaker 1: their margin on lending compared to the margin on lending

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Speaker 1: to the big brothers in Australia and ask themselves wide

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Speaker 1: as the number here is larger than the number there. Although,

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Speaker 1: to be fair and Tony Up from A and Z

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Speaker 1: came on the program this week and put forward a

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Speaker 1: pretty reasonable defense this week by by the you know,

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Speaker 1: maybe next time you're in though, ask them for yourself

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Speaker 1: and see if you find it convincing anyway. The good

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Speaker 1: news is things are moving, not much, but a bit

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Speaker 1: housing I'm convinced through data and a little bit of

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Speaker 1: anecdotal is moving as well. Once again, not much, but

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Speaker 1: a good spring will help. And I know of a

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Speaker 1: good number of campaigns ready and set to go in September.

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Speaker 1: So what is this intangible, Well, it's the vibe. The

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Speaker 1: vibe is important, and in this case, it's driven by

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Speaker 1: a desire to see better days, the same way we

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Speaker 1: talked ourselves into a funk these past couple of years,

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Speaker 1: and why wouldn't we. There's still a lot to be

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Speaker 1: in a funk about. But human nature generally wants us

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Speaker 1: to be happy, to have hope, and so we look

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Speaker 1: for indicators the Reserve Bank headlines like light at the

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Speaker 1: end of the tunnel, your mate that says, Ah, what

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Speaker 1: the hell, let's go out for dinner tonight, what the hell,

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Speaker 1: let's go away for the weekend. Anyway, the vibe doesn't

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Speaker 1: take a lot, and now it doesn't happen overnight. It

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Speaker 1: happens gradually, but we are heard like you see one

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Speaker 1: then another and then you want to be a part

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Speaker 1: of it. So if you mark this day, this late

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Speaker 1: day of August as the start. By early December, remember

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Speaker 1: this day and compare it to the end. You will

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Speaker 1: be surprised at the transformation. Here's my pick, because the transformation,

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Speaker 1: I am convinced is underway. For more from the Mic

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Speaker 1: Asking Breakfast, listen live to news talks it'd be from

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Speaker 1: six am weekdays, or follow the podcas asked on iHeartRadio.