NEGATIVE INTEREST RATES – WILL THE BANK PAY YOU?

22nd of September, 2020

COVID-19 has wreaked havoc across economies worldwide and Australia despite our incredibly low infection rates has not been immune to the financial and social chaos.

The Reserve Bank of Australia have indicated that nothing is off the table in the effort to stimulate the economy which has led to the discussion of the possibility of Negative Aussie Interest Rates.

We are not there yet, but it is worth understanding what it could mean and who would be the winners and losers.

LET’S GET STARTED 

If you want to avoid the mistakes of not understanding the dangers of investing without an understanding of the Economic Cycle, then why not have a chat to us about how we can help?

You have nothing to lose except a few minutes of your time and everything to gain.

So… let’s get started.

IMPORTANT NOTICE

Disclaimer: Any opinions or recommendations expressed here do not purport to Financial Advice but rather should be considered General Advice and does not take into account your personal needs and objectives or your financial circumstances. You should therefore consider these matters yourself before deciding whether the advice is appropriate to you and whether you should act upon it. Should Financial Advice be sought, we suggest you seek such advice from an appropriately qualified advisor. Any yields, rental income, tax rates, interest rates, depreciation rates, inflation rates Dividends per Share (DPS) and Earning Per Share (EPS) etc shown are estimates only and should not be used as a guide to future performance. Past performance is not necessarily a guide to future performance and should not be relied upon for this purpose. Authorised Representative of PGW Financial Services Pty Ltd – AFSL 384713 ABN 15 123 835 441.