Westpac CEO Gail Kelly is believed to be concerned that St George customers may move to Bendigo or ANZ as the merger takes hold. Just one St George executive ha.....
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.....
Rents have risen by about 7 per cent over the past year but are expected to rise further with the building cycle not expected to pick up until 2009/2010. Although rents have been rising they have not kept up with rising house prices. Rental yields were around 5 to 6 per cent in the mid-1990's but fell to about 3 to 4 per cent during the property price boom later in the decade. Many investors were happy to offset lower rental yields with increasing property values but capital gains are no longer certain. RBA deputy governor Ric Battellino said that it's hard not to draw the conclusion that rents will experience further substantial adjustment before stabilising.
