cwl, it will put the mocca's on housing and banks and property trusts and anything leveraged and all yield type investments cos it raises their costs, reduces business, and by comparison with the risk free rate of a bank deposit they all lose out - specially when there's sweet looooverly volatility in markets. Theres also the simple effect of reducing liquidity.
i'm very tired, so scusey da mangled unklish
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Last
8,560.5 |
Change
-69.800(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |