Today the Senate held their first hearing (at short notice) on the Cash Restrictions Bill. I discuss the lead up and hearing with Robbie Barwick.
Note the next hearing has been scheduled for SYDNEY on 29th January 2020! https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CurrencyCashBill2019
You can watch the full sessions via ParlView: http://parlview.aph.gov.au/browse.php
My regular chat with Its Edwin’s Monday Evening Property Rant!Property Insider Edwin Almeida. https://www.ribbonproperty.com.au/ Go to the Walk The World Universe at https://walktheworld.com.au/
What happens in a low interest rate setting and why banks won't lend, but speculate.
Australia has been a global outlier in the current easing cycle as most developed world central banks, including the Federal Reserve, have already cut...