Banks are in huge trouble with inflation being as high as 50% by the end of the year on things the average household needs. Mortgage rates, fuel costs and energy costs are already soaring. People will be lucky to get a 3% pay rise. Where are they going to get the money to pay for all of this? The labor government has admitted it has no solution and is blaming the previous government for leaving a 1 trillion dollar debt.
NAB Price at posting:
$28.01 Sentiment: Hold Disclosure: Held
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