Christmas is undoubtedly a season for shopping. The spirit of the occasion is indeed in gift-giving. You may have to shop for all the presents
Your net worth could be an effective indicator of your financial condition. It could measure your annual progress financially. In general, the net worth is
Every year the Christmas holidays could be considered as the most expensive shopping season. That is because consumers usually spend so much during this period
The Australian economy grew 1.2% in the second quarter of fiscal year 2011. That growth exceeded expectations of a 1% economic expansion. This surprised numerous
During tax season, it is quite normal to see business owners get drowned by numerous paper requirements. This is the time when most companies start
Australian consumers are now more cautious about their spending. They are now more inclined to increase their savings and clean up their credit card debts.
It is a mortal sin for every loan borrower to fall into a default. That is because doing so would lead to bigger trouble. If
House prices logically increase every year. It is not surprising that it gets more difficult for first time homebuyers to finally buy and own their
According to the latest household debt information from the Australian Bureau of Statistics, average debt for each household is now at $50,500. It is up
The Australian property market is not expected to drop, but it is projected to remain steady all throughout this year (2011). Price tags are set
Our Managing Director of Australian Lending Centre, Chris Riotto, has been following the recent actions of the Rudd government who have derived a plan to
Debt snowballing is a method of debt repayment that may be used to clear a number of debts together. With this method of debt repayment,
A recent property report has shown that home affordability is better now than a year ago. The Housing Industry Association and Commonwealth Bank First Home
Due to increasing fertility and immigration influxes, Sydney is set to face new stream of housing shortages. New Research suggests that the city will need
Australian households are feeling the financial strains of the global economic crisis as the Christmas season draws to a near. With oil prices still high,
It seems Australians are not entirely money-conscious when it comes to entering into debt, as a recent Federal Government report has found. In this article,
Fears of Australia’s economy going into recession as a result of the US housing price collapse may be unfounded. According to the International Monetary Fund
It is an obvious statement that all is not as well as it could be at the moment for many economies around the globe. This
Australians attempting to sell their homes are suffering as property values take a nosedive. Hitting hard particularly in areas of Sydney, a recent investigation has
More Australians are buying houses later in their lives. As a new mortgage survey suggests, a new social trend is emerging in the mortgage market.
The stock market is becoming increasingly volatile. Investing in shares has always been precarious, however today’s headlines indicated the heightened risks. That is why many
As the unemployment rate in Australia continues to rise, up to 1 in 16 homeowners are defaulting on their home loans. Of the top 20
In April 2009 mortgage stress dropped by 2.8% indicating that the recent Government stimulus payments were most likely used towards home loans. The total number
The first of the Federal Government’s stimulus bonus payments are being sent this week. Payments will be made in a random order, according to postcodes.
In 2009 more than 30,000 homes in Australia will be repossessed or foreclosed and almost half a million Australians plunged into severe mortgage stress by
Despite the many impending pressures imposed by the Global recession, the Reserve Bank remains optimistic about Australia’s financial future. Rising unemployment, pricey living costs, increasing
This comes as a welcome relief to many renters struggling to keep up with the mounting rental prices. As the Reserve Bank of Australia has
Borrowers have been urged to stem their spending over the approaching festive season, as the world financial markets remain unstable. As the end of the
The continuing interest rate squeeze and falling share markets, are expected to slice consumer spending habits, which in turn will slow the economy and force
Australians have welcomed with open arms the Reserve Bank’s first official drop of interest rates in 7 years. The RBA on September 2nd, dropped its
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