“They have cut their cash rate to 2.75 per cent and it’s not the end of it either,” Mr Greenwood said.

“The net income, or its profit if you like, $36.3 billion – that’s up by 10 per cent,” Mr Greenwood said. “During trading, they were down a touch; after hours they were up by more than 3 ...

“Every time the Prime Minister turns up anywhere at the moment, it seems like he’s handing out billions more of your taxpayer dollars, paying for people to like him,” Mr Greenwood said.

“Australia will feel the pinch of this,” Mr Greenwood said. “A lot of Australian industry will pick itself up and leave the country and that is not good for the country.” ...

“What you can see is that America’s economic growth basically has prompted the Australian stockmarket today to go to a new all-time record high,” Mr Greenwood said. “It’s up by around 0. ...