‘Banks try and take Australians for a ride’ by Jamie McIntyre
Don’t believe the banks for a second when they state they can’t pass on the reserve bank interest rate cut due to higher wholesale funding.
This is a convenient story which is misleading Australians.
Australian banks for some
Posted in Articles, General, Global Credit Crisis, Jamie McIntyre 
Tags: 21st Century Education, article, Australia, banks, big 4, credit crisis, interest rate, Jamie McIntyre, money, News, rates, reserve bank 
2 Comments »Personally, I can’t believe they did.
I mean the recovery is barely underway and with the US still likely to suffer a double dip recession, wouldn’t it make sense to at least let the Australian economic recovery get past a crawling speed before slamming on the brakes again?
Is it
Posted in Articles, Global Credit Crisis Tags: interest rates, property market, reserve bank, rising interest rates 3 Comments »Make Australia Post a Government Bank to compete against the big 4 banks.
CEO of the 21st Century Group says the Federal Government should immediately move to make Australia Post a Federally Funded Bank to compete against the major 4 banks, especially after CBA just raised their interest rates.
The
Posted in Articles Tags: australia post, big banks, CBA takeover, Jamie McIntyre, reserve bank 3 Comments »
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