Comments made by David Koch at Business Summit 2008/09/03 16:59
Karma: 2
On Monday I was fortunate enough to attend a business summit and had the pleasure of meeting David Koch (Kochie from Sunrise).
David spoke about he believed the RBA would bring interest rates down by a 1/4% now and another 1/4% around Christmas time. He also spoke about how he is seeing a return to "frugality" and how it is going to be "popular" once again.
It's been very easy for us to access flat screen tv's, new cars, ipods, phones etc... everything on a payment plan where we can have it now and pay later.
What do you think about being frugal? Would you like to be known as someone who is frugal or would you prefer it to be a secret...?
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A great big thank you to the Ipswich City Council for having me out in April to speak with the community about money management. Your Mayor and council are to be congratulated for their wonderful intiatives in your community. I was delighted to be asked to present to you all, it was wonderful to meet so many of you!
Congratulations also to those who "stepped up" and attended the Back to Basics workshop as part of the Money Master Class series.
The GFC, rising interest rates and general cost of living, combined with the floods in January have put some you in difficult circumstances. I trust that you will use the information from the seminars to help you get back on track.
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