also up the rates on ALL savings accounts also by 0.2%pa from 21 April as the Big Four were found to be lying in yesterday's Daily Telegraph
Honesty is not a requirement for the Big Four-is this a reflection of the current Liberal Party? Will we get promoted for lying too as those in the Senior Executive of Government Departments are???? Rates have come down independent of the RBA but will they go up as well, otherwise the ENTIRE creedibility of the banking system is put at risk. I guess the reflects of people having to do more with less. Too bad when the results in WA are reflected on the Central Coast next week. Still, I guess that won't happen until the PM also reduces his Sunday pay by 25%. He has kyboshed his 18C plans, so there should be a strong likelihood of him doing that-unless he wants to be known as the Mr 18% in 12 months time! So what happens when people don't have money to lend the banks in future because of all this-they will still be making $8 billion profits, Good night Australian banking system and the Government along with it.Honesty-let's see what 21 April hold then...for savers??????