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.....
St George bank has contained its bad debt exposure to the likes of Centro Properties, Allco Finance and Octaviar and expects to achieve the guidance of eight to ten per cent growth in earnings this year. St George announced yesterday that it is on track to record a $1.3 billion profit by the end of September. Tight cost controls and revenue growth of nine per cent had helped the bank produce a 12.5 per cent increase in net profits. St George Bank CEO Paul Fegan said that the Reserve Bank could cut interest rates twice before the end of the year. However Mr Fegan said he could not guarantee St George would pass on the full effect because of the financial pressures on the bank. Commonwealth Bank are expected to report a subdued $4.7 billion annual profit for 2007/08 today.
