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.....
Large companies have responded to the lack of liquidity in the bond market by increasingly using bank loans to fund their activities according to research from East & Partners. During the six months to the end of April, the proportion of companies taking out bank loans has gone from 66 per cent to 77 per cent, while those issuing corporate bonds fell from 32 per cent to 25 per cent. Loans are more expensive but, according to East & Partners analyst Zoran Knezevic, businesses are not deterred by this as they can afford it. The results are supported by strong business lending growth being reported by the banks. NAB said that its business lending has grown by 20 per cent over the last year, ANZ notes that it increased business lending by 35 per cent in the first six months of the current financial year, and Westpac has seen its institutional business expand by 32 per cent during the six months to March 31.
