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.....
The latest housing finance figures show a big fall of 6.2 per cent in the number of new mortgage loans sold in November as the RBA began to raise rates.The new figures from the Australian Bureau of Statistics may cause the Reserve Bank of Australia to rethink a possible February rate rise and hold official interest rates steady at 3.75 per cent."We don't know how much of an impact the recent three rate rises and the increased cost of funding from the banks will have on the underlying economy," ANZ acting chief economist Warren Hogan said."The Reserve Bank will have to wait for several months to see how it plays out in the housing market, which is the most sensitive sector in the economy to interest rate moves."The Opposition Treasury spokesman Joe Hockey said the government's stimulus spending had forced up interest rates and was therefore responsible for the weakening housing market.
