Tom Elliott (son of John Elliott of Elder's IXL and Carlton FC ex president) was saying that Australia's banks virtually have the highest cash interest rates in the world, which should make them attractive to share and cash investors around the globe. This can also put upwards pressure on our dollar.
But of course, our spineless government will pressure the RBA to further lower the rates undoing all the good that may well occur. We need to look after those who can't look after themselves by taking money from those who can. I know my bank interest gains are now pitiful!
spp, page-16
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