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| The Bar For non Automotive Related Chat |
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10-11-2007, 07:54 PM
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Regular Member
Join Date: May 2007
Location: Sydney
Posts: 439
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I will go with Howard on that as he has been keeping interest rate low for
as long as i can remember. Back in the days i have to borrow money on 25% through second mortgage just to get myself through as the bank won't lend me anymore money when interest rate was hitting 17% not sure if anyone is the same vintage as me to remember that. John have only raised the rates 6 times but it is nowhere near 17% when Labor was in control way back. John have also put Australia back in the 8 ball when Australia is not owing any countries any money anymore as they have pay off their debts and our currency is as strong as ever no longer 55 cents anymore. I only say what i see and suffer through the bad times back at 17% days, now it is all over. |
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Howard vs Rudd on Interest Rate.
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