Offers for readers

The comment stream

Reader poll

What do you think floating mortgage rates will be at the end of 2011?

Economic weather report: Should the banks sacrifice profits?

Posted in News

Bernard Hickey presents an Economic Weather Report in association with ASB. Finance Minister Bill English has called on the banks to reduce their profits and give consumers a 'fair go' by passing on recent Official Cash Rate cuts to consumers. But should they? Are they profiteering? Bernard examines these claims and whether banks should reduce their profits.

More and more insiders are

0 points

More and more insiders are coming out and telling it like it is, Richard Cook, Michael Hudson, Joseph Stiglitz and now Simon Johnson of IMF, this article is a must read for any serious student of high finance;
http://www.theatlantic.com/doc/200905/imf-advice

Post new comment

The information entered here will appear with your comment.