CHEAPER MONEY
POLICY IN VICTORIA NO REDUCTION INTENDED United Press Association— By Electrlo Telegraph—Copyright (Received December 17, 10.10 p.m.) MELBOURNE, December 17. The Associated Banks of Victoria have decided not to reduce interest rates on fixed deposits In conformity with the reductions announced by the Commonwealth Bank. The chairman of the Associated Banks (Mr E. O’Sullivan) declared that interest rates had already reached bedrock level.
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Bibliographic details
Timaru Herald, Volume CXXXVIII, Issue 19985, 18 December 1934, Page 9
Word Count
65CHEAPER MONEY Timaru Herald, Volume CXXXVIII, Issue 19985, 18 December 1934, Page 9
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