Cardholders choosing credit over savings
Usage of credit cards picked up in November 2009, in a break from the long-running but gentle trend over recent years for spending on paymen...
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Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts
Calls for debt diet increase
Westpac chief Gail Kelly has added her voice to the growing sentiment that Australians need to stop living beyond their means. In a writte...
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Credit card debt is our biggest worry
An online poll in News Limited newspapers has found that credit card debt is the biggest concern for the majority of consumers. The survey f...
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Banks to ensure you can repay your debts
The assistant Treasurer Nick Sherry said yesterday that Australian bank customers and borrowers will get world class credit regulations when...
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Your repayments are going up by $4680
Australians have to be prepared for higher interest rates says the governor of the Reserve Bank, Glenn Stevens. Financial markets are expect...
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First home buyers load up on debt
The debt burden of first home buyers is getting bigger. Trends in the first home buyer (FHB) market create further reasons for caution, as t...
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Debt is good for you but...
The median household in Australia has debts that amount to just 8% of total household assets. According to academic economist Mark Wooden, c...
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Debt collectors harrassing consumers
The companies regulator, ASIC and the competition regulator, the ACCC, say they have received more than 5,000 complaints in the last few yea...
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