Coooeee! Coooeee! Just as I thought, there's an echo in here.
Let me try another one...
Zenith Finance Blog
Hot tips, news, views and things you'll want to know about the world of equipment financing, property loans, vendor finance and more.
Interest Rates stay at 4.25%...and why I think it should go down
So once again the Reserve Bank Board have waddled out of their ivory tower to tell us the cash rate target will stay 4.25%.
And once again the RBA media release starts off talking about the world economy instead of what's going on here in Australia. This seems crazy for a couple of reasons...
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RBA Fat Cats...what on earth are you thinking???
You've probably heard that the RBA today announced interest rates are not dropping.
Well, I'm annoyed! Not just about the rate news, but the lily-livered reason they've given us in their media release.
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Dec 6, 2011 - Reserve Bank drops interest rates to 4.25%
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Nov 1 2011 - Reserve Bank lowers interest rates to 4.50%
As if we need another good reason to have a bet on the Cup!
The Reserve Bank Board have reduced the cash rate target to 4.50%. You can read more about their decision on the RBA website.
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Richard Korda and Zenith featured on Switzer
At Zenith, we learn quite a bit about our clients and their businesses over time. So it's only fair that our client's - and potential clients - know a little about the people and business looking after their financing.
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