WINNER of The 2009 Melbourne Cup is SHOCKING
- First We lose our money as none of the favorites VIEWED , ALCOPOP , Roman Emperor manage to make a mark with shocking giving us a stunning finish.
- Second The RBA rubs salt into our wounds by announcing a Rate Hike of 25 basis points to empty our bank accounts even further
SHOCKING RESULT FOR MELBOURE CUP FOR MANY
First we all lose our money to shocking as it made a grand mark in the Melbourne cup 2009 by leaving all the other favorites behind to eat its dust. None of the favorites VIEWED , ALCOPOP , Roman Emperor Was anyway close by to be seen while SHOCKING made a run for its glory on the finish line.
RESULTS FOR MELBOURNE CUP 2009
Pic courtesy :www.ozbet.com.au
Crime scene did a good job taking in second place by a whisker after shocking. It was shocking new to many as non of the favorites won and many punters disappointed .. but leaving the bookies laughing.
RBA RAISES RATES BY 25 Basis Points today 3 Nov 2009
To add to our misery The RBA went ahead and did a 25 basis point rate cut today and thus be ready to see even more money going out from your bank account if you hold a mortgage
As was widely expected by economists, the Reserve Bank board lifted the cash rate by 25 basis points to 3.5 per cent. Mr Swan says Australians should expect rate increases as the economy recovers from the global financial crisis.
WESTPAC has matched the central bank, increasing its standard variable mortgage interest rate by 25 basis points.
The bank’s standard variable home loan rate will rise to 6.31 per cent as of Friday November 6, from 6.06 per cent, Sydney-based Westpac said in a statement on Tuesday.
Yesterday’s 149th Melbourne Cup, before a crowd of 102,181, will be remembered for how physical it was. Caulfield Cup winner Viewed was bumped many times, as was the favourite Alcopop, while Daffodil nearly fell. Michelle Payne, riding in her first Cup aboard Allez Wonder, was surprised at some of the tactics.
MELBOURNE CUP 2009 Results