Forty per cent of first-time home buyers are suffering mortgage stress. Fujitsu found 581,000 households were in mortgage stress, up 0.7 per cent during Febr.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
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.....
Aust credit card market matures with population 27 June 2008
Credit Card holders are happy with limits around $10,000 and revolving balance around $3,000 according to CommSec. Outstanding balances are growing at their slowest rate since 1994. The Australian credit card market has matured said Craig James from CommSec. The average balance has plateaued and so has the average credit limit. Average monthly transactions have been sitting at 8.5 for some time. James suggested one reason the market was maturing was the ageing of the population. Older people are less inclined to borrow.
