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(4.80 out of 5)Credit card and finance computations can make your head spin, we have developed common calculators to assist you.
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"Credit card brand" refers to the logo on the credit card, such as Visa... ...more
While we would all like to believe that the recent rises in stocks indicate the end of the worst recession in more than seventy years, we need to be cautious. The optimists will tell you that we’re heading in the right direction. The pessimists will tell you that we haven’t seen the worst of it yet, and the realists will tell you that nobody knows what’s going to happen next.
It appears that the stock market bottomed out in March. Or so we think. Even the experts won’t give us a straight answer on this one. This is the wildest financial ride since the Great Depression, and no one seems to know what to predict for the immediate future. The financial wizards are still scratching their heads over the gains we’ve seen in the past three months. …read more…
4th July 2009 at 7:47 pm
(5 Votes, Average: 3.80 out of 5)
Loading ...Everyone is finding ways to cut back these days. Some of the money-saving methods are easy and others are true sacrifices. But we’re all doing what needs to be done. Businesses are getting into the act, too. Employees are likely to see - if they haven’t already - decreased benefits. If you’re accustomed to certain perks from your company, don’t be surprised if these are taken away within the next few months.
The average worker will certainly feel the effects of their employer’s cost-saving measures, and in some cases, this will lead to real financial struggles. This isn’t the story that’s been hitting the news lately, though. What seems to be more important, as far as the media is concerned, is the fact that business executives are likely to see an end to their mega-bonuses. …more…
2nd July 2009 at 6:18 pm
(7 Votes, Average: 3.29 out of 5) Loading ...Job hunters today need to take advantage of every tactic that can bring them closer to landing a job. The sluggish economy is making it difficult for even those with stellar resumes to secure new positions. One tried and true method to finding available jobs - and possibly increasing your chances of being hired - is networking. Networking is simply using your existing contacts to become acquainted with new contacts, with the idea that somewhere along the way you’ll be connected to someone that can help you locate the job you’re looking for. …read more…
26th June 2009 at 3:33 pm
(6 Votes, Average: 3.67 out of 5) Loading ...Treasury Secretary Ken Henry recently took on a challenging job. He took on the task of defending the new national budget forecasts, reassuring Australians that the forecasts were not overly optimistic. The latest forecasts have generated criticism from citizens across Australia, but Henry is confident that the forecasts are true indicators of how the nation will successfully emerge from the current recession.
According to the forecasts, the gross national product (GNP) will not have any growth during the current financial year. The next financial year will see a GNP decrease of about 0.5 per cent, but the growth for the following year (2010 - 11) will be 2.25 per cent. The next two years (2011 - 12 and 2012 - 13) should have GNP growth of 4.25 per cent, followed by a constant 4 per cent for the next four years. Most of the questions have been directed at the 4.25 per cent GNP growth projected for 2001 - 2013, because the normal trend growth rate is only 3 per cent. …read on…
7th June 2009 at 5:01 pm
(6 Votes, Average: 3.67 out of 5) Loading ...Financially speaking, times are extremely difficult. We would probably all agree that we need to buckle down and make some sacrifices to help bring Australia out of the worst recession it has seen since the Great Depression. But how far should we go? When should we yell “Foul!” to the strategies proposed by the government? Former Prime Minister Paul Keating thinks it’s time to start letting those in power know that enough is enough.
Keating, along with former ACTU boss Bill Kelty, created the superannuation system in the early 1980’s. When the system was designed, Keating was the nation’s Treasurer, and he supported the plan during his term as Prime Minister.
The superannuation system was designed to allow contributors access to their savings when they were between the ages of 55 and 60, although the retirement age was set at 65 years of age. Treasury Secretary Ken Henry has recommended raising the age of superannuation access to 67 years, the new retirement age. The changes to the superannuation accessibility would be imposed by 2023. …continue…
5th June 2009 at 3:01 pm
(6 Votes, Average: 4.00 out of 5) Loading ...The current recession has hit all Australians in one way or another. Businesses and families are slashing budgets and becoming champions of the frugal life. Luxury items are being moved to the bottom of the list of priorities, and the goal is to get back to the basics. But this new lifestyle has not been embraced by everyone, namely the Australian government.
Four government staff members recently accompanied Treasurer Wayne Swan on a trip to London to participate in a G20 meeting. The airfare for the four staff members had a price tag of about $60,000. The most disturbing part of the story is that the G20 meeting was organised to discuss dealing with the current worldwide credit crunch. Should government officials be allowed to spend $60,000 just for travel expenses to attend a meeting dealing with global overspending?
The government travellers were reported to be Treasurer Wayne Swan, Media Officer Lou Cullen, Senior Media Adviser Matthew Coghlan, Chief of Staff Chris Barrett, and Andrew Charlton, Prime Minister Kevin Rudd’s Economic Adviser. Normal procedure is for government staff members to fly in Business Class. However, staff members are allowed to upgrade their flight class when they are travelling on the same flight as a Prime Minister or Parliamentary Secretary. So, travelling government staff members always get to fly in a better class than most of us are accustomed to, but they get the very best if they’re lucky enough to be travelling with the Prime Minister or Parliamentary Secretary. …read more…
3rd June 2009 at 6:12 pm
(4 Votes, Average: 4.25 out of 5) Loading ...