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International Investing / Australia (All-Ordinaries)

URL:  http://boards.fool.com/anecdotally-a-small-business-owner-friend-just-26822367.aspx

Subject:  Re: Buying ANZ Date:  7/17/2008  9:27 AM
Author:  whatismyoption Number:  6169 of 6186

Anecdotally a small business owner friend just swapped from CBA to NAB for their business banking. NAB had much better deals on their eftpos. Sleeker wireless terminal, lower rates. Small business will go where they get the best deal.

Jeff, I really hope you didn't lose money in Opes and so sorry if you or someone you know did. I read contracts all the time and still may have missed the fine print that the shares wouldn't be actually owned by me.

I'm about to open a small business bank account, so I'll report back on the deals available.

Inflation
News aggregator http://www.businessspectator.com.au/bs.nsf/search?searchView...
Working person's paper says "Australia winning battle against inflation" http://www.news.com.au/heraldsun/story/0,21985,24031228-664,...

Reserve Bank RBA statistics http://www.rba.gov.au/Statistics/measures_of_cpi.html

On the street people are freaking out about petrol, $1.60 or more a litre. Price of food. Housing prices not going up.

West Australia is still booming like crazy. If you live in WA and earn less than $100k then you're clearly not working for money. Well perhaps a tad harsh, but there are lots of opportunities in constructions and mining.
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