Hello world!
Welcome to The Money School’s new Blog, where you can ask questions or share your experience or your opinion on any topics raised here.
Are we out of the woods in terms of the global financial crisis? There’s a variety of opinions being published by the media, however I would like to hear what others think.
And what about interest rates - will there be further decreases or have we seen the last of the RBA’s cuts for a while?
I look forward to hearing your opinions. Remember, if you have any questions regarding the state of our economy, home loan rates, or anything related to money management, please post your questions here.
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June 4, 2009 at 9:19 pm
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June 12, 2009 at 5:21 am
The CBA have just announced they are increasing home loan interest rates, and Wayne Swan has labelled them selfish.
The big banks seem to be a law upon themselves when it comes to interest rates – I think the RBA is loathe to decrease rates in small increments because the banks won’t pass them on to consumers anyway.
What do others think? Should there be more government regulation in this regard?