![]() | The Truth Behind Payday Loans There’s a lot been said about payday loans. Many claim that the interest rates charged are outrageous. Others say that they are the only source of finance available for those with less than perfect credit score. There is a bit of truth in both claims but there is much more to payday loans than meets the eyes. - read more
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![]() | 18 Hot Tips For Intending Borrowers If you're thinking of borrowing money to buy a car, boat, debt consolidation, home repairs, medical bills or anything else for that matter, here are some red hot tips to make the process much, much easier. - read more
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![]() | Personal Loans And The Consumer Credit Code Understanding your rights as a consumer is essential in dealing with complex issues like personal loans and other finance. Here we reveal, in simple terms, how the Credit Code works for you. - read more
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![]() | Rising Inflation Pushes RBA to Consider Interest Rate Hikes in February 27 Jan 2023: .financialservicesonline.com.au The Australian economy is facing a likely increase in interest rates in February, as inflation hits its highest rate in 33 years. The latest Consumer Price Index figures show that inflation reached 7.8% in 2022, with a 1.9% increase in the December quarter alone. This increase in inflation is largely attributed to a post-pandemic spend-a-thon, with domestic holiday travel and accommodation rising 13.3% and international holiday travel and accommodation rising 7.6%. Additionally, rents increased by 4% and power bills by 8.6%. - read more |
![]() | Interest rates up another 50 basis points with more hikes to come 03 Aug 2022: . As was expected, the Reserve Bank of Australia (RBA) raised interest rates by another 50 basis points this month. The fourth rate hike in as many months, today’s decision takes the cash rate from an emergency low of 0.1% to 1.85%. - read more |
![]() | Business loans on the rise while mortgage growth remains flat 02 Jun 2022: . Australian business loans growth accelerated in April as mortgage growth stayed consistent, with major banks growing at less than the system average according to latest RBA data. - read more |