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  • Profile photo of sektor62sektor62
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    @sektor62
    Join Date: 2003
    Post Count: 3

    Thanks Falcon
    You are the only person in here that got the point,You are right the rate hikes affect everyone including Investors. My whole point was to find a way to Not affect the Masses. And it seems to me that no-one really cares about our country. It’s all about me myself and I. “How will I suffer” ETC. The point here is we need to keep Australia running, and not have a repeat of the 80’s where so many people went broke, and small businesses collapsed leaving so many unemployed not to mention all the bad debts when company’s and sole traders declared bankruptcy!
    To go through all this again seems like a high price to pay when the answer could be quite simple. And lets face it higher rates means less cash to spend and the immediately has an affect on small business, And I don’t know if anyone realizes it but it’s the small business of Australia that is the guts of our country.

    Profile photo of sektor62sektor62
    Member
    @sektor62
    Join Date: 2003
    Post Count: 3

    Thankyou for the responses, no I don’t think investors should be penalised at all I don’t think anyone should be penalised at all, The rate hike affects everyone, Investors as well as the people already in the market as well as all small business people which currently make this country run, However if anyone is to be penalised if it means saving all of the above then 1 is better than all…

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