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.....
Rising inflation to moderate rate cuts 20 October 2008
Rising prices and a negative outlook for inflation are expected to moderate future interest rates cuts by the Reserve Bank of Australia. Markets were pricing in a big cut of up to a further one per cent to take official rates to five per cent next month, but those expectations have eased as investors have shifted to backing a cut of around 0.5 per cent in November. The chances of 0.75 per cent cut are now rated at 57 per cent ANZ says headline inflation is expected to hit 4.9 per cent when official figures for the September quarter are released tomorrow. ANZ says an official rate cut of 0.5 per cent is now much more likely than a cut of 1 per cent.
