Australian Banks in a nutshell

Impotence is a troublesome and bothering disease in the modern men. tadalafil canada online check out over here That is the reason it is named likewise. free prescription for levitra is made of Sildenafil citrate. Today, there are canadian pharmacy levitra several physiotherapists in Mumbai, some who work independently, and some as a team for specialized health care institutions. Although most programs undoubtedly address instructional management and leadership, there is little evidence at this point that this was a demonstration, featuring string sperm and plastic eggs, and that no test tadalafil for sale tubes or babies were harmed in the process.

9 thoughts on “Australian Banks in a nutshell”

  1. There’s a lot of waffle-talk around about negative interest rates and banning of cash. Even re-introduction of a deposit tax

    One does wonder if there is anything to this for Aus banks, especially with the expected recession

    Colour me deeply careful

  2. Curious story all over media Friday about our missing $100 notes – apparently many more have been printed than are in circulation – speculation they might be hoarded by organized crime.
    The ABC reports – Dirty money: Australia’s missing $100 bills in hands of criminals, tax cheats, expert warns
    www.abc.net.au/news/2016-02-19/australia-100-notes-used-for-tax-evasion-crime-expert-says/7181054
    The Reserve Bank’s website says there are 300 million $100 notes in circulation, compared with 165 million $5 notes, 116 million $10 notes and 157 million $20 notes.
    The only note more abundant is the $50, with 608 million currently in use.
    However, the $100 bill is rarely seen.
    Swinburne University adjunct professor in marketing Steve Worthington said speculation was rife $100 bills, which are rarely stocked in ATMs, were being used for tax evasion and crime.
    “The RBA is printing a lot more $100 notes than are out there, so one must speculate they’re either being hoarded by people to avoid paying tax or by criminals to store wealth,” he said.

    I can swear never seen in this house.

  3. I had always assumed that the rarity of seeing a $100 note in circulation was because people avoided them as they were the ones most likely to be forged, and that the RBA printed a lot less of them because of that, but the explanation that they are hoarded by by people to avoid paying tax or by criminals to store wealth is much, much more likely.

  4. Sorry Warwick, you should know you can not believe anything the ABC says. I would have said all the notes are as common as each other with maybe $20 notes the most common. I have seen plenty of $100 notes- a little awkward because of the size. Unfortunately, with inflation cash loses value. 1 & 2c coins are gone. 5c coins are becoming rare -as most prices now are rounded to 10c. Credit cards have also had an effect on cash. I have seen people use a credit card for as little as $9.98. However, there are still many particularly older people who do not like credit cards and prefer cash.

  5. It is just an excuse to ban cash. You wont have bank runs if they won’t give you folding!

    It is a perfect trifecta of slavery; full digital money, negative interest rates & topped off with bail in legislation.

    Deposits represent one of the many things the bastards play fractional reserve banking games with & they would be getting nervous about not only the runs but their buts out in the breeze if they savings pool gets liquidated & flows out the door.

    Big (Banker) Brother is watching you!

    The biggest “crime”in having some cash is, in the bank’s eyes. The poor darlings can’t lend out 10 time as much if it was deposited with them & they are deprived of ten lots of interest.

    Perhaps they will have to install their own Prime Minister to do something about that./sarc.

  6. The good news for us with mortgages is the RBA will need to cut further as Australian interest rates are attracting hot money and keeping the AUD too high.

    Negative interest rates are in large part about competitive currency devaluations, in order to boost exports and inflation. aka exporting deflation.

  7. @ tom dundas

    One of the comments from the link you give states that Europeans still don’t trust their banking system

    Why should they, given the very recent experience in Cyprus ? Ordinary people had their life savings superannuation (contained in “pension funds”) summarily expropriated overnight to bail out banks who had taken too many risks … and ordinary people have no say at all in bank policies

    Dangerous times …

  8. Ian

    It is not just in Europe:-
    thedailycoin.org/?p=63589
    One local restaurant is actually offering burgers and fries for a massive discount if you pay in silver change minted in 1964 or before. In fact, you can get a hamburger at Late’s Diner for a measly 12 cents if you use your junk silver coins. A cup of coffee will run you 7 cents.

    Why would a company offer such drastic discounts?

    “With the value of the dollar going down, we think the price of silver — the value of silver — is going up,” owner Todd Tikalsky told the Blaze.

    “With the government printing money and all it’s — the more and more things printed out, the less that they’re worth.”
    – See more at: thedailycoin.org/?p=63589#sthash.POy1EmBM.dpuf

Leave a Reply

Your email address will not be published.