When I first saw this headline my immediate reaction was to assume it was delivered via suppository.

From the smh. Here's the sexy bit.

Police allegedly asked McKenney how he came to be in such a state and discovered a small quantity of the drug in a trouser pocket.

When he saw the drug McKenney allegedly told police he recognised it to be GHB, but emphatically denied ownership or using it. Read more »

...in Monday's SMH and Age.

I reckon we'll avoid it, this time.

One of us is wrong.

Here's Ross Gittins:

"This is where I stick my neck out.

My bet is that the economy is slowing, it will continue slowing, it will slow by at least as much as the Reserve Bank is seeking and probably more.

In short, if our luck runs out we'll slow to the point of recession.

If we do reach that point, my

Ross Gittins does the maths in his Saturday column:

"Since the budget hasn't eased inflation pressure in any significant way, it certainly hasn't reduced the possibility that further increases in interest rates will prove necessary."
And he follows it up today Monday examining what actually was cut:

"The more closely you study last week's budget the less impressive it is."