15 May 2012
AS WORLD economies crumble, as even the legendary German market starts to slow and China looks for ways to keep its miracle in motion, Australia battles to stand alone in the developed world by turning a massive loss into a budget surplus.
10 May 2012
Those of you 50 and beyond can understandably be suffering a dose of the budget blues this week. If you were looking for the pied piper in Canberra to give you a lot of hope, you had better have been one of the lucky ticket holders in this week’s $70 million Lotto draw. If you weren’t, as far as the economy goes it seems you are on your own.
08 May 2012
THE Who's Roger Daltrey may have belted it out over and over and over. In fact, he is still singing this refrain because it has also made him a lot of money...
03 May 2012
THE Reserve Bank of Australia’s decision to cut the official interest rate by 50 basis points yesterday has been hailed as “courageous” by economists but they warn that for the cuts to have a positive impact, banks need to pass on the central bank cut and consumer sentiment needs to improve.
26 Apr 2012
TUESDAY is the next chapter in the financially – and emotionally – controversial official cash rate.
19 Apr 2012
AT SOME point in time we have all applied for a loan from a bank. It could have been for a home loan, personal loan or even a car loan. But how do the banks determine how much we can borrow?
19 Apr 2012
WHEN most of us find ourselves with a bit of extra cash, we tend go on a spending spree or go on a holiday, and most of the time what we do with this money is a “want” and not necessarily a “need”.
Personal Wealth Advisers principal Cameron Howlett said we can make the money work for us...
05 Apr 2012
THE cash rate has been left on hold this week following the Reserve Bank of Australia’s board meeting earlier this week but a possible rate cut next month may be on the cards.
RBA governor Glen Stevens said April’s cash rate would remain unchanged at 4.25%. The cash rate was last cut in November and December last year by a quarter of a percentage point each time, taking the cash rate from 4.75% down to 4.25%.
02 Apr 2012
COMMENTS made by the Reserve Bank of Australia blow the whistle on the banking industry’s excuses for the recent rate hike, says consumer watchdog Choice.
In a speech recently, RBA assistant governor Guy Debelle said recent increases in lending rates had “been with the aim of maintaining profitability”.
29 Mar 2012
AS THE saying goes, united we stand, divided we fall. Separating couples are facing the effects of the global financial crisis, with their wealth eroding on the back of the weak property and share markets.
