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 chief executive Gail Kelly has said that the era of strong profit growth for the banks is over while confirming that Westpac is on target to achieve a 10 per cent rise in profit to $3.8 billion for the current financial year. While recording a healthy increase of $160 million in cash earnings when comparing the interim result to the corresponding period 12 months ago, over the two most recent half years the result has only improved by $10 million. Revenue has grown by 12 per cent but the higher cost of funding resulting from the global credit crunch has held back significant increases in earnings. Ms Kelly tipped the string of recent rises is almost at an end and said that the Australian economy would experience a soft landing, avoiding a recession but with lower growth rates.
