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.....
High inflation may lead to May rate rise 29 April 2010
The chance of a rate rise next week has increased after higher than expected inflation figures were released yesterday by the Australian Bureau of Statistics. Financial market trading now indicates that there is one in three chance of a May rate rise, up from 25 per cent before yesterday.A 0.25 per cent rate rise by the Reserve Bank would take the official cash rate to 4.5 per cent. Most retail mortgage rates would go up to between 7 and 8 per cent. The price of fuel, vegetables, pharmaceuticals and electricity pushed the core inflation rate up to 3.05 per cent for the year. The Reserve Bank targets three per cent as the maximum rate of inflation.
