Monday, December 15, 2014

Japanese companies have the equivalent of Australia's annual economic output in cash reserves estimated $1.56 trillion according to a new report

Japanese Currency Copyright Peter Hanami 2005
Picture: Japanese Currency 



"A new report .....reveals that Japanese companies have stashed away $1.56 trillion in cash reserves, the equivalent of Australia's entire annual economic output - and potentially a source of massive new investments in Australia under a free trade deal"




Source: FTA could see massive Japan cash splash
By Rowan Callick
The Australian Newspaper
Monday April 7th, 2014 page 16