Information about ‘Debt management’

Tempted to use the equity in your home to consolidate your debt or maybe take a holiday or buy a big screen TV? What about buying the best home you can afford? Think again: the past decade has seen bankruptcy become a middle-class “phenomenon”. Even if you aren’t stretched financially, here’s a few things to consider. (more…)

Australia’s Reserve Bank has cut interest rates to their lowest point in nearly 50 years - with more tipped to go. But how much lower can they go? If at all? And what effect will the world financial situation have on rates rising? To fix or not to fix is more than a $64 question! (more…)