Bonds are considered to be the safe spots, in a portfolio. However with the current scenario of the Treasury yield sliding down, can it still be considered as a good tool for diversification of portfolio? Risk in bonds The concept of using bonds as security is at stake. With the low interest rate, the Treasuries […]
In the age of the Internet, it is easier than ever for scammers to reach millions of consumers with fake offers designed to deprive consumers of private details, money, or sensitive information. Fortunately, the Brisbane Times provided these simple steps that everyone can take to reduce the risk of being scammed. Types of Scams Research […]
Credit ratings are all important for those planning to apply for a home loan or some other type of loan. One’s credit history can be a major factor in having a loan approved or rejected. Those with blemishes on their credit history can use the following tips from the Economic Times to improve their credit […]
Dun & Bradstreet, the consumer credit bureau, has waned that financial stress could rise as the Christmas holiday period approaches. It is usual for consumer debts to accumulate during the end-of-year holiday period. Dun & Bradstreet saw a 15% rise in debt referrals in January 2013, up from the last quarter. At the same time, […]
Recent reports suggest that the rise in fixed home loan rates may be a sign that the Reserve Bank’s (‘RBA’) series of rate cuts are coming to an end. The country’s largest home loan lenders have begun adjusting their fixed home loan rates in expectation of an end to the RBA’s rate cuts. In the […]
According to the Financial Ombudsman Service (‘FOS’), complaints and disputes between consumers and banks have fallen for the first time since the global financial crisis (‘GFC’). The number of recorded disputes declined by 11% to 32,307, a first since the 2008/09 GFC period. The FOS attributes the fall to low interest rates, new rules on […]
There are various types of loan products that are available for individuals today. However, the ones that are most sought after have remained the same in a while and their popularity still persists.
The government of Australia is considering a demand for imposing a 10% consumption tax on online purchase of goods, below $1000.
With the possibility of a hike in the interest rate, the first home buyers are warned not to let their budget, go out of control. The important cause for this increase in index is the rise in the house price in Melbourne and Sydney. Limited wage increase and soft labour market in Victoria and New […]
The only problem with the Self-Managed Super Funds (SMSF) is that they bring up their own set of costs. The SMSF holders are charged more than $3000 for administration, tax return and other processes. This has put up SMSF behind, for a long time. The technological innovation and the internet have helped to provide a […]