Tag: mortgage
Westpac: The Banana That Humiliates the Bank
This will really make you laughing in tears. A magnificent corporate bungle that really humiliate this big old bank, one of the finest in Australia (and the world). There was a big news and furor happening when it was launched in Australia on 2nd week of December 2009. People laugh but angry about it, but no one can really do anything about it except condemn it. Maybe a bit of excellent example of corporate greed? Who knows this is an intentional publicity stunt engineered by the clever people at Westpac !
Full StoryAnother Rate Cut, Is it time to Fix Your Mortgage ?
Today, 7 April 2009, Reserve Bank of Australia announce another interest cut of 25 basis point to 3.00%. Australia only see a rate this low in 1960, almost half century ago. So, all mortgage holder should be full of joy for this additional relief ! But the real question will be, is it the time to fix the mortgage ?
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