Archive for August, 2009

Avoid making credit card mistakes

Tuesday, August 18th, 2009

Fighting to meet spending commitments? While taking out a credit card could be an effective means of tackling money management problems, borrowers should ensure that they do not fall into the trap of getting themselves into an untenable financial position. Written in a Money-AU.com article, Sharat said that people ...

RBA Remains Firm on Interest Rates

Tuesday, August 4th, 2009

The Reserve Bank of Australia have decided to leave the cash rate unchanged at 3.0 per cent at its meeting today. Stating that global financial markets seem to have seen the worst, and that there is even modest growth in some areas, including Australia's major trading partner China. "Economic conditions in ...

Interest Rates Are Going Up!

Tuesday, August 4th, 2009

Ahead of the Reserve Banks announcement this afternoon regarding interest rates, where they are expected to hold at current levels once again, yesterday Westpac Bank decided to increase it's fixed interest rates by quite a substantial amount. All of the fixed term mortgage rates offered by Westpac have risen by between ...