A baby teething toy shaped and designed to look like a credit card can now be purchased for aspiring young consumers for just $24.95. The toy features raised nu.....
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.....
Westpac/BT have learnt the liquidity lesson 29 October 2008
Westpac's wealth management subsidiary BT Investment management has sustained a $6.6 billion, or 16 per cent, fall in funds under management to $35.3 billion in the year to September, due to the meltdown in equity and debt markets. BT chief executive Dirk Morris said the firm had not experienced a mass exodus of funds but inflows had slowed. Mr Morris said he was concerned about the contagion effects caused by funds freezing their assets. BT said its balance sheet was strong enough to withstand and even respond to market volatility. Mr Morris said BT and Westpac had learnt lessons from liquidity issues that damaged their brand in the 1990's. BT reported a net profit after tax of $40 million on revenues of $147 million.
