Following 12+ extraordinary months in the COVID “normal” world we have seen a large impact on investment dividends particularly in Australian equities. At the same time income from cash and term deposits has never been worse with a CBA term deposit currently paying a paltry 0.30% for 12 months. During the peak of COVID uncertainty […]
Wow. Global travel had become routine for many. We thought the Global Financial Crisis in 2008/09 was bad, but that’s a distant memory except for those who speculatively borrowed to the maximum. In 2009 the CBA was paying 6% for term deposits. Today it’s a paltry 0.5% per annum. That is a whopping 90% pay […]