Seems a pretty low interest rate for our cash. 2.3%? Could have been investing $1 000 000 every 8 days in a 3 month term deposit at 2.7%. After 3 months, every 8 days one of them will have expired, giving access to cash if needed or if not reinvest, only another 8 days before the next one finishes. Maybe not much, but would be an extra $35 000+ a year. Could be wrong but seems to me they could be doing a lot better.
Ann: Quarterly Cash Flow Report 5B Sept 2016-RUM.AX, page-2
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