Income protection and its Benefits

Income Protection Insurance (IPI) is the types of insurance that has the significant intention of facilitating the people who are laid up because of an injuries or illness. The policies that drop within IPI are also referred as Long lasting Wellness Insurance policies. The Income Protection quote was at first launched in Ireland and United [...]

Credit card interest rate con

CREDIT card interest rates on premium and gold cards are still at an average of 19 per cent despite the drop in official interest rates to 4.5 per cent, research company CANSTAR has found.  CANSTAR financial analyst Adam Beu said anyone who wanted to avoid high rates should pay the debt off and use the [...]

John Symond said its new loan volumes had plunged 20 per cent

RESIDENTIAL property prices peaked in 2010 and will continue cooling in the next six months as big mortgage brokers report a 20 per cent drop in loan numbers.
Aussie Home Loans managing director John Symond said its new loan volumes had plunged 20 per cent in the past four months because the housing market was soft.
He [...]

More banking system problems at NAB

In the latest finance news from the world of banking, possibly millions of Australians have to again wait for their pay to appear in their bank accounts following another major computing failure at National Australia Bank.
Workers whose employers use NAB and associated banks for the processing of payroll will be affected. This [...]

Debit and Credit Card fraud requires vigilance

Over the last 3 years Australia has seen its rate of credit card and debit card fraud triple, with Australian consumers falling victim to credit card skimming and other similar fraud more than 657,000 times during 2010 at a cost of $170 million.
We understand that these is organized crime involvement currently from countries such [...]

Aussies are getting richer

According to a report from the Australian Bureau of Statistics despite the increasing costs of living and the somewhat average consumer sentiment, Australians are getting wealthier.

In fact data from the ABS suggests that individual wealth is at record highs and debt levels are at a four-year low. Much of this new-found wealth comes from [...]

Interest rates are likely to remain as they are – ANZ

Mr Smith, the chief of the country’s third biggest lender, also said that it would be hard for his bank to increase rates independently of the Reserve Bank of Australia (RBA) at the moment. In a frank discussion, Mr Smith said that Australia needed wide-ranging economic reform to make the most of the resources boom.
He [...]