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- Macquarie Guidance Disappoints Market
Nicholas Moore, chief executive of Australian investment banking major Macquarie Group says that proposed changes to regulatory framework had created an environment of uncertainty in the banking industry, whilst the investment bank announced a profit forecast that was below market expectations.
- Mortgage Funds To Remain Frozen
Mortgage fund investors may be required to wait as many as four years for access to cash held in frozen investments.
- Mortgage Broker Says Australian Home Loan Approvals Tumble In January
New figures from a leading mortgage broker suggests that Australian’s are feeling the effects of three consecutive interest rate increases and the paring back of federal government grants, with demand for home loans declining sharply during the month of January.
- AMPs Exclusivity Agreement With AXA Ends
Australian wealth manager AMP’s exclusivity agreement with French insurance giant AXA SA in the proposed acquisition of Australasian subsidiary AXA Asia Pacific holdings (APH), ceased to be effective at the weekend, implying that on Monday, investors will have a better idea of who will be buying the company.
- Federal Wholesale Funding Guarantee To End
The Australian federal government is ending its policy of guaranteeing the wholesale funding commitments of Australian banks, citing a stronger economy and improving market conditions as reasons for ending the scheme, which it says will not contribute to a rise in funding costs.
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- Six Financial Mistakes To Be Avoided
If you are making one of these six financial mistakes, you probably aren’t aware, but doing so puts your financial security in Jeopardy.
- Four Steps To A Debt Free Life
Australians pay billions of dollars in interest on their debt every day. Instead of letting the banks profit from our debt, all of us should be looking to make our debt burden as cheap as possible. Here are four steps to do that.
- Five Steps For Financial Health
Recession can cause people to feel a lot of stress, as budgets tighten and people have to do more with less. Fortunately Australia seems to have put the worst behind it, and if you have lost a job or are on the hunt, then things certainly seem to be a lot brighter than a year ago.
If you are still feeling the pinch though, it can take its toll on your body, causing a variety of symptoms from body pain, sleeping difficulty and exhaustion. There is even a name for the condition, as silly as it sounds it’s called Recession Strain Injury, and there are millions of Australians who owe more than they can manage and are at risk of suffering from physical stress symptoms as a result of money problems.
- Four Ways To Save Big In 2010
So your new year’s resolution is to save big in 2010, and the age old adage of count your penny’s and the pounds will take care of themselves is as true today as when the proverb was first written. However that doesn’t mean to say you should focus entirely on making small savings, there are a number of ways you can really save and add to your bank balance, making sure that next Christmas won’t be about belt tightening, but belt loosening.
- Ten Tips If You Are Cash Strapped For Christmas
If it looks like you are going to be on tight budget this Christmas, no need to worry, here are 10 tips to help you make ends meet this Christmas.
If you think you are the only one wondering how to make ends meet this Christmas, don’t worry, you’re not the only one, with just a few weeks left until the holidays, many of us are working on especially tight budgets this year.
The good news is that there are plenty of ways to save cash in the build up to the holidays, so here are ten tips to save money.
- How To Do Online Christmas Shopping Safely
This year over 27 million people worldwide will do their Christmas shopping over the internet according to PayPal. That is not that surprising, it’s easy, convenient, and there is no need to deal with crowds or carry heavy bags home. Just a few points and clicks and your done, and after a few days your Christmas presents will be there on your doorstep.
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