Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
No, the Reserve Bank meets on Tuesday 2 May and yes a .25% increase is all about factored in, mainly due to the rise in the rate of inflation caused by Petrol rise increases

here is the link:

Okay, does interest rates affect Banks. Yes, but it seems to me the interest rate differential charged to Borrowers and Depositers is still maintained no matter what the interest rate is. It is only because the level of borrowing is reduced but it seems banks are seeing Fees as a major source of income as well as lending.

The GST and Disposable Income?

Well in theory, due to Tax Cuts the average disposable income should be better off as one tax replaces three odd taxes. However it's not a perfect world and i think there will be little change under either tax system.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.