I can empathize with the first half. On the other hand, interest in 95% of all sports died a quick death in the 1960’s, when player pay became double that of the pres of the US. And if amateur rule changes allow players to be paid and contract for endorsements while in college, the other 5% will wither on the vine.
In Oz we have the absurdity of money invested with the banks returning less than 2.5% , housing loans less than 3% with some lenders and credit cards around 20-22%. All this before the latest 0.25% in official interest rate cuts which the poor banks (who continue to generate profits in the $billions) are unable to pass on in full. It’s almost a lay down misere that interest rates on deposits will drop the full 0.25%, housing loans will drop half of that amount & credit card interest rates will rise the full 0.25% or probably higher. Oz is no longer “the lucky country” with the government out of touch with controlling the Banks. The government was dragged kicking & screaming to the recent Banking Royal Commission and they still lack the authority to force the banks to pass on the full official rate cut.
sandpiper about 5 years ago
I can empathize with the first half. On the other hand, interest in 95% of all sports died a quick death in the 1960’s, when player pay became double that of the pres of the US. And if amateur rule changes allow players to be paid and contract for endorsements while in college, the other 5% will wither on the vine.
Aussie Down Under about 5 years ago
In Oz we have the absurdity of money invested with the banks returning less than 2.5% , housing loans less than 3% with some lenders and credit cards around 20-22%. All this before the latest 0.25% in official interest rate cuts which the poor banks (who continue to generate profits in the $billions) are unable to pass on in full. It’s almost a lay down misere that interest rates on deposits will drop the full 0.25%, housing loans will drop half of that amount & credit card interest rates will rise the full 0.25% or probably higher. Oz is no longer “the lucky country” with the government out of touch with controlling the Banks. The government was dragged kicking & screaming to the recent Banking Royal Commission and they still lack the authority to force the banks to pass on the full official rate cut.
InTraining Premium Member about 5 years ago
Easy to fix Frankie… Pick a different team at the start of each season and invest in the stock market… and that’s no joke…!
gopher gofer about 5 years ago
if you keep your money in a bank in japan it’s more a matter of trying to drum up interest…