APRA, The Reserve Bank and Interest Rates

The Reserve Bank has cut rates to low levels to encourage borrowing. This is a good thing. The strategy has worked. Housing and construction are the backbone of our economy – because they generate so much employment and activity. House price has increased – and that...
The game is up – The great bank RIP OFF is over.

The game is up – The great bank RIP OFF is over.

Since the day ASIC reported back on a finding from the Royal Commission on charging older loyal clients more than new ones, I have refused to take a backward step on this issue… Because it represents the worst possible example of bank behaviour. In a related article...
On rates – an update on my February comments

On rates – an update on my February comments

Banks and Commentators alike are saying again; “The next move on rates is UP – You must lock in now!” What complete twaddle! (Commentators are still feeling the need to say something to fill editorial space, and banks are still saying things out of complete...