When the guarantee is removed let's see the rate at which our banks can borrow offshore money .. which supports a lot of our home borrowings ! The 1st home buyer grants have set these borrowers up for fall if the economy does not respond to the stimulus. Ponzi upon ponzi upon ponzi .. it is dumb !
You can borrow money to provide more goods to people who are even more heavily indebted than yourself - but someone has to pay somewhere ?
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Last
8,548.5 |
Change
6.200(0.07%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,542.3 | 8,576.0 | 8,541.3 |
| XJO (ASX) Chart |