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.....
The banks have been warned they will face the wrath of the Australian government if they raise rates over and above movements by the Reserve bank of Australia. The government announced on the weekend that the wholesale funding guarantee will be removed from 1 March, leaving banks to find money on global credit markets themselves without the backing of the federal government’s AAA credit rating.'If any major bank were to attribute some move above the Reserve Bank's to this decision they would be wrong and would incur the wrath, not just of the Australian people, but of the Australian government,'' said Treasurer Wayne Swan.
