IN YOUR INTEREST
Who would have thought? Our official interest rate, now at 1%, is as big a surprise to me as anyone else. A year or two ago, with excellent job creation in our economy, the strength of our exports to big trading partners such as China, our strong education sector seeing large numbers of foreign students, growing exports of agricultural products, including from places with high rainfall in the far north, the US economy powering along and pretty reasonable global economic growth, I thought our interest rates would reflect this strength and
