Australia's largest stock trading and investment forum Australia's #1 stock forum

I’ll take a stab... Cash rate .75% Mortgage rate 4.5% Gross...

First 12 Last

Share
Profile

Follow
Prisoner24601

2,764 Posts.

505

09/10/19

19:47

Post #: 40801742
Share

Originally posted by madamswer ↑

"Banks continue to make 500% plus profit ..."

I'm not familiar with that kind of financial metric.
Can you shed some light on what it means, or how it is calculated?

.

Expand

I’ll take a stab...
Cash rate .75%
Mortgage rate 4.5%
Gross Margin 3.75% (or 5 x cash rate)

What if the banks borrow in Europe at negative rates, is Gross profit infinite???
2 Upvote

Reply

There are more pages in this discussion • 25 more messages in this thread...

First 12 Last