More proof the proposed Cash Restriction Bill should be withdrawn - in emergencies, cash is still king! https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6418
What happens in a low interest rate setting and why banks won't lend, but speculate.
The Federal Open Market Committee decided to leave the cash rate unchanged yesterday, and it’s weird that the biggest financial news from Wednesday is...