Bourse Communications Managing Director, Rod North, joins the program to discuss the latest OECD report, which predicts Australia's economy in a strong position to experience growth. North says the report is good news for Australia but is ominous for Europe and the US. He discusses Qantas' half year profit downgrade, which he says is the consequence of industrial action and high fuel prices. He then speaks about the Federal Government's budget cuts, saying they will not affect the market as much as the Government thinks.
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