Unemployment up, the housing market crashing, the Aussie Dollar sinking into oblivion... and yet governments are still pushing the population ponzi scheme upon us. At the rate we're going, we're headed for a very big recession.
How can this statement be so out of line with what they released in their official statement yesterday?
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RBA says it could cut interest rates over weakening economyBREAKING: The Reserve Bank of Australia has revealed it may cut official interest rates, with governor Philip Lowe saying the economy could be weaker than it had expected Whilst this is welcoming - were bank informed in advance as why are banks putting up their interest rate now? Are they compensating for the losses arising from Royal Commission? House hold debt could get a whole worse. No they should be increased to further cool an overheated housing market!
Source: theage - 🏆 8. / 77 Read more »
RBA holds interest rate at 1.5 per cent | Sky News AustraliaThe Reserve Bank of Australia has kept the official cash rate on hold at 1.5 per cent at its first board meeting of the year.\n\nRates have now been on hold at the record low for 30 months straight.\n\n\nVision: Your Money\n\n\n\n\n\n smh How will ScoMoFlog spin this? smh Rewind to Hockey... smh The confidence is lacking because we know Labor will be elected next election and will distroy our economy
Source: SkyNewsAust - 🏆 7. / 78 Read more »
RBA says it could cut interest rates over weakening economyBREAKING: The Reserve Bank of Australia has revealed it may cut official interest rates, with governor Philip Lowe saying the economy could be weaker than it had expected Whilst this is welcoming - were bank informed in advance as why are banks putting up their interest rate now? Are they compensating for the losses arising from Royal Commission? House hold debt could get a whole worse. No they should be increased to further cool an overheated housing market!
Source: theage - 🏆 8. / 77 Read more »
RBA holds interest rate at 1.5 per cent | Sky News AustraliaThe Reserve Bank of Australia has kept the official cash rate on hold at 1.5 per cent at its first board meeting of the year.\n\nRates have now been on hold at the record low for 30 months straight.\n\n\nVision: Your Money\n\n\n\n\n\n smh How will ScoMoFlog spin this? smh Rewind to Hockey... smh The confidence is lacking because we know Labor will be elected next election and will distroy our economy
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Aussie dollar, Wall St surge after Fed keeps interest rates on holdThe Australian dollar surges to its two-month high on the back of a weaker greenback. The Dow Jones jumps more than 400 points after the Fed keeps US interest rates unchanged. There had never been anything wrong with US economy at all, other than the anti Trump doomsayers.
Source: abcnews - 🏆 5. / 83 Read more »
‘Interest rates are going to go up’The mortgage broker industry has reacted with fury to the release of the banking inquiry’s final report, warning that a sweeping ban on commissions could “ruin” many small businesses and lead to borrowers paying higher interest rates. ‘Very, very bad recommendation’ says vested interests Pretty sure that natural competition will see mortgage broking firms offer attractive pricing for this service .... let buyers view the market place and decide accordingly The banking fight back begins ... aided and abetted by News Corp the voice of Rupert and his rich band of men who control Australia
Source: newscomauHQ - 🏆 9. / 77 Read more »
Mortgage brokers warn of higher interest rates | Sky News AustraliaThe royal commission has delivered 76 recommendations to improve the banking super and financial sectors and while most have been accepted by the government, some have not. \n\nTreasurer Josh Frydenberg remains cautious about abolishing commissions for mortgage brokers all together. \n\nMortgage brokers have warned the commissioner's recommendation is dangerous and will lead to borrowers paying higher interest rates. \n\nImage: News Corp Australia \n\n\n RichardDiNatale More waffle from the Green Goblin. Doesn't get it. ASIC is dysfunctional Dickie. Will still be dysfunctional. Try and keep up. RichardDiNatale lets put the interests of the collective first RichardDiNatale Open & transparent unlike you
Source: SkyNewsAust - 🏆 7. / 78 Read more »