They are also stuffing around with Australia's export income which impacts on the nation's future stability & well being ! Where has Rudd's '10 billion of happy bucks' come from ? Where did he get 5.9 billion more to spend on infrastructure projects ? Where did the capital come from to guarantee the our entire banking system to prevent a massive run on bank deposits ??? I'd say the MINING BOOM would have contributed a vast war chest of dollars ! No the CBA are going to threaten the existence of our 3rd biggest as a way of saying 'thanks ????!!!' Government intervention...SA & FED is certainly warranted until commodity demand is restored in my view.
OZL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held