Saturday, Jan 02, 2010
Ozzie investors face polar opposite position to UK's
Sydney Morning Herald: Financial crisis may yet have a sting in its tail
I quote : "THE big winners in 2010 could be self-funded retirees and, maybe, even pensioners.
A deposit war has flared up between the banks, which are offering term deposit rates of up to 7 per cent for three years. Even a 12-month deposit, which would still be government guaranteed, is paying up to 6.8 per cent."
Posted by voiceofreason @ 08:50 PM (626 views) Add Comment
1 Comment
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1. d'oh said...
Not an ounce of in depth analysis in this article, which is no surprise as I haven't read a decent piece of journalism in an Australian newspaper since I returned here 6 months ago.
Very, very depressing.