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Households can ride out another GFC: RBA

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Australian Broker | 10 Mar 2015, 06:57 AM Agree 0
Australian households are equipped to withstand another global financial crisis, says the Reserve Bank of Australia
  • Mark | 10 Mar 2015, 09:50 AM Agree 0
    That "may" be the case right now, but if that insane super "straw grab" of Hockey's gets approved retirees and pensioners will parish in he next GFC. Get rid of this guy, he' springing the country to it's knees.
  • Two string | 12 Mar 2015, 09:19 PM Agree 0
    What about the third stress.... higher interest rates? ......... What's that smoke coming from the model? Hang on .. is that on fire? Foof - it gone.
    Anyway it looked good. Next model with a guarantee of low rates so its a 2 string bow again.
    $1.3t @ 1% increase = $10.3b out of consumer spending. What would that mean to the economy?
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