If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges.
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Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Aussie banks exposed to Wall St chaos 17 September 2008
Australia's big four banks, led by ANZ and Commonwealth Bank have up to $412 million in loans and credit exposures to Lehman Brothers, the collapsed Wall St investment bank. ANZ has the biggest domestic exposure to Lehman at $152 million. Commonwealth Bank has up to $150 million, NAB has up to $100 million and Westpac has the smallest exposure with less than $10 million. Banks shares fell yesterday on fears relating to their exposure to Lehmann Brothers. Macquarie group hit a four year low. The RBA pumped $1.3 billion into local shares in order to keep liquidity levels up.
