Slash

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So the Reserve Bank slashed interest rates by a full 1% today.

The Australian dollar has dropped significantly against the US dollar.

Banks are merging.

At the moment I'm just a little freaked out about the financial world.  As one might be wont to do after buying a house in the current financial climate. 

Now I know that unless one of us gets made redundant and house prices fall significantly that we shouldn't be affected too badly by all of this.. and indeed the interest rate cut will make a big difference to our repayments in the beginning.. but I just can't help feeling a little scared.  And it doesn't help watching videos like this one...

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Kazza's "Boring Life Of a Geek" aka BLOG

IT geek, originally from Sydney, moved to Canberra in 2007. Married to "the sweetie", aka Stu. Prolific photographer, Lego junkie and tropical fish keeper.

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