Srsly ;-)

Transcript from an intercepted phone call late last week

Ring, ring.

"Hello, welcome to the RBA, how may I be of service today?"

"Hello, Glenn Stevens please"

"May I ask who's calling?"

"Scott Morrison, Treasurer"

"Oh, hi Scott - thanks for the fairy cake recipe! I'll just get Glenn"

"Thanks Sheila"

[hold muzak, "Somewhere, over the rainbow"]

"G'day Scotty! How are ya mate?"

"G'day Glenny, can't complain, yourself?"

"Maaate, I'm flat out like a lizard drinking!"

"Yeah, me too, budget coming up ... hey, on the budget, you reckon you can do me a favour on the day Glenny?"

"What's that mate?"

"Well, you know how you'd like to get your mate Lowey [Morrison referring to current deputy governor Phillip Lowe] confirmed for the top job there before you retire?"

"Yeah, that'd be sweet bro"

"Well, I can get that done for you, all I need is a little interest rate cut before the budget on Tuesday and Lowe is a done deal. How does that sound?"

"Mate, no dramas at all. The CPI has given me cover - I'll get Tuesday sorted for ya"

"Thanks Glenny!"

[The rest of the conversation was about footy and caravans, not relevant here]