G'day Olive I tend to think that when on the media whether its pollies or analysts they are not going to give an actual bearish forecast for fear of creating criticism or compounding reaction from consumers. I thought the message although subtle was bearish. ie the only things that have kept us out of hot water has been the booming building industry which is not sustainable, competitive value of $aus, (this is gunna change). Effects of draught yet to hit. Still, I probably place my bearish emphasis on their words. cheers Rod