Financial Topics
What Is The Story With ABC Child Care Centres?
Tuesday, March 25th, 2008Eddy Groves is a classic rags to riches story. Eddy had an entrepreneurial streak right from a young age. At the age of 19, Eddy started his business career as a distributor for Paul’s milk. After some initial hardships, his milk distribution took off and Eddy was looking to diversify his business interests. He was [...]
Green Loans
Saturday, March 22nd, 2008Bendigo bank and Community First Credit Union are offering Green Loans to new and existing customers. Green Loans, though new to Australia, have been in existence for some time in other western countries. It is an interesting concept and in the future we will hopefully see other big banks offer them as well. Types Of [...]
What Is Global Credit Crisis ?
Tuesday, December 18th, 2007What Is Global Credit Crisis And How It Will Affect Borrowers
Medicare Levy Surcharge
Sunday, December 9th, 2007Every Australian Resident Taxpayer pays a medicare levy. The levy is 1.5% of the taxable income. Medicare is a scheme which gives the Australian residents access to the public health care system. The levy is charged so that the Australian Government can fund the public health care system. To reduce the demand on public health [...]
Interest Rates – Why Do They Rise Or Fall
Wednesday, December 5th, 2007Since May 2006 the cash rates have gone up by 1%. Its currently at 6.75%. The Reserve Bank Board meets on the first Tuesday of every month. In the meeting the Board makes decisions about the level of interest rates – the cash rate. Interest rate rises affect every household. Every time there is rise [...]
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