Thursday, March 24, 2005

Howard's battlers..... duped and screwed

Australians saddled with massive housing debts

For almost one-in-five low-to-middle income families, mortgage repayments gobble up more than half their disposable income. The huge debt burden among the battlers in that group is raising questions about the lending practices of banks.

Heard this on the radio as I wound my way through the storm affected roads and traffic on the way to work in the morning.

Work harder.. must... work... harder..

I work for a Bank. Give myself a big pat on the back.