COMMENT FROM ROSS GREENWOOD (Financial presenter on Australian morning TV show) Reality pill needed for Australians. This is really well put, in terms the average punter can understand… It cuts through political doublespeak and provides clarity. USA Today Lesson # 1: Why the U.S. Was downgraded: * U.S. Tax revenue: $2,170,000,000,000 * Fed budget: $3,820,000,000,000…
The official cash rate 6 weekly announcement is due today at 9am, I will keep you posted We are expecting the rate to remain at 2.5%. ANZ are leading the charge against the banks at the moment and they have an interesting strategy MORTGAGE BORROWING STRATEGY Mortgage rates have not changed over the past month,…
