Tag Archives: margins
Distortion Guaranteed?
Posted on 20. May, 2010 by Chris Lang.
While the Rudd government may have moved quickly to provide guarantees for the major Banks during a financial turmoil ... the impact of doing so has been disastrous for borrowers. Right now, these major Banks seem to account for virtually 80% of all owner-occupier loans for property. As such, the margins they are charging have [...]
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Biggest Economic Threat For Australia
Posted on 13. Jan, 2010 by Chris Lang.
It might surprise you to hear this, however ... A Strong US Recovery ... would probably be the worst thing to happen for Australia in 2010. If that occurs, the US Federal Reserve would be forced to quickly raise interest rates, from zero to around 3%. And that would cause the collapse in the Australian [...]





