The Official Cash Rate is highly likely to hit a new low point of 3.50 per cent, most likely in the final months of 2009, according to economists at the ANZ Bank.
In its weekly Economic Update, the Bank says that while this may seem like a bold forecast, it is almost fully priced into money markets.
As the weather heats up, Australians have long tended to head for the water - pools, rivers or the beach. In recent years, we have also adopted the habit of saving water for re-use, such as grey water from washing to put on parched gardens.
A renovation-led recovery where billions of dollars are invested in upgrading Australia's housing stock could underpin tens of thousands of jobs in the building industry, building advisory service Archicentre suggested this week.
Some of us are culinary artists - everything we touch in the kitchen turns into delicious edible gold. And then there are those of us who struggle to not burn the toast. Slightly harder to gauge than the dials on the toaster, is the heat of a fry pan, where temperature can be crucial to success.