Are more RBA Interest Cuts on the Way?
With Australia’s economic growth set to stall this year and possibly the next is it a good time for the Reserve Bank to pass on more interest cuts?
It has been reported in this weeks press this week that due to the current economic climate nationally and internationally that some rate cuts made be needed, and urgently. News.com.au reports the following:
Read more
First Home Owners Loan Australia, Good or Bad?
Have you a First Home Owners Grant, what are the risks?
With many Australian’s opting for take the huge step and purchase a new house, it has got be asked if the new home owners grant is putting Australian’s in houses beyond their unassisted means.
Well there have been some reports in this weeks press about the possibility of the home owners grant causing trouble in the long term. Read some of the reports before you going diving in. Read more
Average Aussie Credit Card Debt is $3500
It has been reported by the Australian media www.news.com.au that an average Australian owes $3500 in credit card debt.
Think what $3500 might buy you – a second-hand car, a genuinely impressive large flat screen television, an foreign vacation or a few home loan repayments. Read more