Finance News Archive History

Finance News 

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  First time buyer couples could earn cash bonuses as reward for their thrift.

  The Federal Government has set up a scheme to provide would-be home owners 17 cents for every dollar they save in special new bank accounts. The scheme will begin from October 1 and is expected to cost around $1.2 billion of ...

  Wed 24th Sep, 2008
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  Global financial meltdown hits banks

  last week began with thousands of employees in London losing jobs as a result of the collapse of the famous Lehman Brother investment bank after they filed for bankruptcy. The bank had been operating for over 150 years before ...

  Mon 22nd Sep, 2008
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  Interest rates fall

  Interest rates are reported to have fallen for the first time in 7 years. This 0.25% fall is great news for those of you in debt with loans, credit cards or mortgages. Interest rates are reported to have fallen for the first ...

  Wed 10th Sep, 2008 (1 Comment)
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  What should we do in the event of a recession in Australia?

  Rumours of a recession are floating around Australia which could cause many problems for us all. But what should we do if the worst was to happen? Rumours of a recession are floating around Australia which could cause many ...

  Wed 3rd Sep, 2008
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  Wizard to rise interest rates on credit cards shortly after cutting home loan rates

  'Wizard home loans' have been down spoken by Consumer groups after their controversial decision to up interest rates on two of their credit cards shortly after announcing a cut in home loan interest rates. 'Wizard home loans' ...

  Wed 3rd Sep, 2008