Business
Sure, interest rates are negative, but so are some prices, and when you look around, they’re everywhere – The Conversation AU
All sorts of transactions are “two-way value exchanges” in which it isn’t clear in which direction the money should flow. The proposed media bargaining code is…
On December 10, it finally happened. Instead of demanding an interest payment from the government in return for lending it money, a group of investors offered to pay the government in order to lend it money.
Naturally enough, the offer was accepted.
The government needed A$1.5 billion which it promised to repay on March 26.
It sought tenders. What was the lowest return an investor would accept to lend it the money?
It wasnt short of offers. It fended off $8.2 billion of bids, and some of them were…
-
General24 hours agoFederal government funding extends cohealth GP services until July 2026
-
General8 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
Noosa News22 hours agoSunshine Coast Airport receives green light for major upgrade opening doors to growth jobs and tourism across the region
-
General11 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique