The Reserve Bank of Australia in an effort to spur the sluggish Australian financial situation has cut interest rates from 4.75 % to 4.5 %. The cut in interest rates is the first in Australia since April of 2009. Trying to get Australians to spend more especially during the Christmas season is seen as one [...]
Novated car lease exmaple The table below is an example of the savings you could make with Novated Leasing. The table is designed around an annual salary of $60,000 with a car valued at $30,000. You can see from the table there is a saving of $2,144 with packing a Novated Lease over a one [...]
Bad credit loans are those loans obtained by people with bad credit history. This is widely practiced in Australia. Several financial lending institutions have emerged to offer Australian residents with bad credit loans at affordable prices. Therefore, if you are an Australian resident, you should not worry since there are varieties of bad credit loan [...]
ANZ banking group is legally being challenged due to what customers are calling unfairly high overdraft fees. This class action lawsuit is set to be the biggest in recent banking history, and thousands of ANZ customers stand to be compensation should the banking giant be found in the wrong. There are about 34,000 banking customers [...]
Recently the Reserve Bank has left its interest rate remain unchanged for a tenth month over the last year. This has been mainly due to the competing economic obstacles at home and abroad. Economists have predicted that the rate will remain the same for another several months. As of right now the rate cash rate [...]
Due to these economic times, banks have been slashing home loan rates. Approxiamately, 70 percent of mortgage products now provide home buyers the ability to borrow up to 97 percent of their home value, according to recent studies. As banks seek to stabilize the lending market they are offering discounts on larger mortgages to home [...]
The Reserve Bank of Australia, (RBA), has noticed an expected increase in fees being charged to customers who prefer to pay with plastic. This all came out into the open when Christopher Zinn accused some businesses of extremely high credit card fees ,and encouraged costumers to take action by using cash. The Reserve Bank of [...]
Authorities are warning holiday shoppers across Australia to take precautions and check their credit card statements following the arrest of five men involved with a credit card scheme. Following a year-long investigation police raided homes in New South Wales and South Australia Wednesday in connection with a credit card fraud involving fake IDs and credit [...]
The Reserve Bank of Australia is set to meet for the last time this year and it is being said that they plan on leaving the interest rate at 4.75%. A recent survey that was conducted of 21 leading economists in Australia are saying that the RBA will not do anything to the current interest [...]
Today’s state of affairs in the business world are such that the employers are looking for ways to attract new talent to their sales force. So they have done this by developing attractive hiring packages to entice the more desirable executives away from their present positions. One such enticement is the hire purchase increasingly used [...]
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