SWF selfwealth limited
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"The RBA has cut rates to 0.75%"Damn. I expect SWF can barely...

  1. danbradster
    7,138 Posts.
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    01/10/19
    14:35
    Post #: 40664876
    "The RBA has cut rates to 0.75%"

    Damn. I expect SWF can barely reduce the interest currently paid on client balances (currently 0-0.1%?), so their net interest margin will probably reduce. I'm guessing ANZ will follow the RBA and reduce the interest rate that SWF receives.
    SWF Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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