Tuesday, May 3, 2022

Interest rates up to 0.35%...still pretty low comparatively

 Today the Reserve Bank put Interest rates up to 0.35%. To be fair, probably overdue when Inflation in Australia is at 5.1%

But in reality, compared to other countries, our interest rates are still pretty low, because our inflation is still pretty low compared to the rest of the world. Lets look at the G20..


Australia is still a good place to park your money.




1 comment:

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