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Credit Rating Uncovered
- November 29, 2012
- Posted by: admin
- Category: Finance News, Financial goals, First Home Buyer, Technology
No CommentsConsumers will no longer be left in the dark about their credit rating thanks to reforms to Australia’s privacy laws. Your credit rating is an important factor that lenders use to determine your suitability as a borrower, so being able to easily access your credit report as well as understand how your credit rating works
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RBA Credit May 2010
- July 1, 2010
- Posted by: admin
- Category: Finance News
Today’s May RBA Credit data indicates, in our view, that credit growth is supporting domestic growth outlook. The 0.4% rise in business credit is positive for the expected recovery in business lending over 2010 and 2011. But the recovery may be gradual. Corporate deleveraging appears to be at its end in the current cycle. But
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Credit growth moderate despite consumer confidence
- April 20, 2010
- Posted by: admin
- Category: Finance News
Recent data from the Reserve Bank of Australia (RBA) showed the total value of transactions on credit and charge cards rose 6.05 per cent in February. The average credit card account balance increased by 1.9 per cent to $3,250 in February and it was 3.29 per cent higher than a year earlier. Commsec chief economist
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CBA predict home loan rates to hold until may
- April 1, 2010
- Posted by: admin
- Category: Finance News
CBA expect the RBA to lift the home loan cash rate to 4.25% in May as part of the gradual shift to more normal settings. Today’s February RBA Credit data continued the favourable pattern of the past seven months. Thankfully, it did not replicate the weakness apparent in today’s other releases on building approvals and