From speaking with colleagues in the banking industry it is apparant that their own capacity to access capital is somewhat restricted at the moment. This in turn naturally has a flow on affect to us as customers and consumers of their services.
Brian Parker Investment Strategist from MLC has published an article, “No Guts- No Glory” in which he discusses the Reserve Bank of Australia’s decision to cut interest rates by a full percentage point.
I think it provides some useful insights for us all. Click on the link to be taken to a new window to read the article – “No Guts – No Glory”.
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on Wednesday, October 8th, 2008 at 10:20 am and is filed under General, Goals & Objectives, Investment, Superannuation.
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