The RBA rate has been too low for too long and the only ones who benefit now are the banks because they hold peoples savings and pay nothing in return. Home loan rates have already gone up significantly so an increase in the cash rate should not ...

This strategist says the RBA is running out of reasons to keep interest rates at record-lows

Check out the cable map. url You also forgot that there are Satellite links. But apart from those there are plans for more under sea fiber cables to be laid. url url

Australian Fintech Booming, Bitcoin Could Be Australia's New National Currency

You are right and this time could be different because Japan could be a target so I don't know if funds will continue to convert to JPY. I think a more likely scenario is a sharp rise in CHF and Gold. In the event of a large scale price correction, ...

How the markets could react to a North Korea Strike

Can't they be recycled?

Carmakers’ electric dreams depend on supplies of rare minerals

Solar is affordable and as storage batteries are becoming cheaper, more and more people will be moving off the grid.

Carmakers’ electric dreams depend on supplies of rare minerals

NEVER trust the SNB This sharp price correction is going to stuff up Swiss importers too

What Is the Swiss Franc Telling Us?

IMO this 3rd objective provides a good balance and considering the low unemployment and high housing prices, there will be no further rate cuts. In fact it is about time rates increased so that people can get some returns for their savings

RBA relying on the rare 'third objective' with interest rate calls

Ok I've read the article but I don't see the connection with my post which was referring to banking greed. IMO Australian banks be taxed at 50%, their profits are extremely high for their size

Moody's Cuts Ratings on Australia's Big Banks on Housing Concern

As extreme as this comment sounds, the Eurozone's problems have not gone away so infighting is likely. Let's see what happens when the ECB starts to increase interest rates. IMO Weidmann is right, countries with debt will pay more and countries with ...

A European Economic Miracle?

IMO the Australian banks are not taxed enough A banking license is a privilege which the banks have been abusing repeatedly by hitting the customers with unwarranted fees, by reducing their branches, by reducing their opening hours, by reducing ...

Moody's Cuts Ratings on Australia's Big Banks on Housing Concern

While there is no doubt that property prices in some areas are very high, this is a supply and demand issue. When the supply increases or demand drops, the prices will come down. Greater supply doesn't mean that there will be a price crash because ...

Moody's Cuts Ratings on Australia's Big Banks on Housing Concern

yes he does, he often speaks and behaves like a 5 year old Did you see how he pushed aside one of the other Nato leaders to get in front of the group and then he stood there looking like an idiot?

Trump reportedly calls Germans ‘very bad’, threatens to end German car sales

Why crisis? Could they not simply write off government debt?

The Coming Central Bank Crisis

Considering that the banks are ripping people off, there are 2 options Tax them hard or create a government bank and bring competition back. Banking greed has gone too far IMO. The RBA rate is 1.75 and they charge 4% 5%, 6% and more.... There is no ...

Australian banks say to pass on $4.6 billion tax hit to customers, shareholders

I'd say they are not paying their fair share, and everyone agrees.

Australian banks say to pass on $4.6 billion tax hit to customers, shareholders