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Finance News

Reserve Bank leaves interest rates steady
Apr 04 :: The board of the Reserve Bank of Australia has left interest rates unchanged at 4.25 per cent at its monthly meeting today, as widely expected.The... read more

Big banks not too profitable: RBA
Feb 25 :: The governor of the Reserve Bank says the Australian banking sector is not too profitable.Appearing before the House of Representatives Standing... read more

Commonwealth Bank changes ads following ASIC concern
Jan 16 :: The Commonwealth Bank of Australia has agreed to change some of its advertised loan comparison rates after concerns were raised by the Australian... read more

Inflation fall strengthens case for rate cuts
Dec 06 :: A leading unofficial measure of inflation eased last month due to falling food and fuel prices, strengthening the case for interest rate cuts next year.The... read more

Reserve Bank cuts domestic growth outlook
Nov 07 :: The Reserve Bank of Australia (RBA) has cut its forecast for economic growth and inflation in its latest quarterly report card.Europe's ongoing... read more

ASIC moves on consumer credit insurance
Oct 21 :: The Australian Securities and Investments Commission (ASIC) has moved to provide further guidance for banks, credit unions and building societies offering... read more

Government cracks down on payday lenders
Sep 04 :: The Government has moved to place limits on the fees payday lenders can charge to 'small amount' borrowers, inviting comment on draft legislation.The... read more

Finance Articles

Rash of rate rises not necessary
Felt by many home buyers, the current interest rate level has sure applied pressure..., but was it necessary - asks Robert Projeski, managing director... read more

Finance: Default and repossession
Most people would assume that a default under a loan contract means that payments haven't been made but, as you are about to learn, there are other reasons... read more

Ways To Help With Debt Problems
It is very easy to fall into debt, just when you think you have your finances in order your car could break down or a problem with in your home may occur... read more

Credit Secrets - What They Are Not Telling You
Credit plays a dual role in our society; sometimes a lifesaver, and at other times a murderer. Trying to float above imminent economical disaster is... read more

Double your deposit in half the time
Saving is never an easy thing to do and saving for a deposit on a home is twice as hard. However, with the right strategy in place, your savings can... read more

Business Loans: Managing interest rate risks
I want the protection in the current low interest rate environment but I don’t want to be locked in for too long a period" ... a commonly heard... read more

Infestation of sweet deals
They look like an easy solution to your credit card debt ... but balance transfers come with complex arrangements that can add to your woes. read more

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Knowledgebase

Balloon Payment: A large loan repayment made in order to clear a debt. Usually applied to a short-term fixed-rate loan, which involves small payments for a certain period of time with one large payment for the remaining amount of the principal at a time specified in

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