Federal Small Business Minister Bruce Billson has promised to cut lending costs for businesses. Billson said that as a former gallery owner, he can sympathise with entrepreneurs and understands the challenges that they face. Billson said that lending costs for businesses have risen by 200 basis points above the cash rate in the past four […]
There is a chance of losing the entire amount of money, if a Co-op bank bond investors or share investors do not take part in the ballot. The bank has entered an agreement with institutes, which offer to maintain the current income level, for the next 12 years. This will not be implemented, if there […]
Since July 2010, the house prices in the UK have increased, at a very fast rate. In the last three months, the rate was the highest in the last three years. The house prices increased almost 6.5% in November, compared to the same period, last year. The rise in October, compared to last year was […]
A new report is out and for the fifth consecutive year, student debt has increased. The report by the Project on Student Debt at the Institute for College Access and Success (TICAS) confirmed what many already suspected and officials do not see much relief in sight.
The unemployment rate in October remained unchanged from the previous month at the rate of 5.7%. The official data for November shows that the unemployment rate for November has risen to 5.8%.
In this article, we explore some avenues that could make you laugh your way to the bank. Buying homes in towns that have a city side In times of slow economic growth or worse during a recession, people are more likely to walk to public transportation (train, bus, transit). Having a home in such a […]
Bank of England has reassured that there is no hurry to hike the interest rates in the next year. With the surprising increase in the rate of recovery in the last quarter, BoE governor indicated that an increase in the rate, will have an adverse effect on the consumers and businesses. Threshold of unemployment The […]
The way of celebrating Christmas may be different for different type of people but the common factor for everyone is the hiked spending. By January, most of the people would be worried about credit limit collapse and unpaid bills. How to avoid having January blues? Budget Set a concrete budget that would not eat up […]
By 2014, the online shopping rates will carry GST on overseas buys which is believed to be about $20. The current threshold for GST free transaction is $1000. After discussion with the Treasurer and the state treasurers in Canberra, Mrs Osmond revealed that the state and the federal government have agreed upon this decision.
A study was conducted with 2000 families to compare their estimate of their annual spend for bills including taxes and compared it with the figures obtained by institutes like Ofcom, Ofgem and Ofwat. The result was found that on an average, the households underestimate their annual spending around 500 Euros.