News

Huge growth in bank deposits comes with warning

Thursday 8th of January 2009

“Despite the tales of gloom and doom we’ve been bombarded with over recent times, the light at the end of the tunnel could now be starting to appear in the form of a reduction in the pace of debt accumulation, the arrival of tax cuts and lower inflation pressures,” Spicers’ Aaron Hing says.

While wealth is up over the long-term, the latest Spicers Household Savings Index shows wealth has...

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