| How Credit Card Balance Transfers Can Damage Your Credit Rating Since the banks and finance providers have been castigated for the way they seemingly indiscriminately awarded credit to people who could ill afford it, the chances of being accepted for loans and credit cards have decreased. Concurrently, there is a greater focus on individual's being aware of how credit works and what their financial behaviors means in terms of a credit score and history. - read more
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| Credit Card Secret Guarantee Most people use credit cards in some form or another but few truly appreciate one of the special features of credit cards that make using their credit card to insure their purchases. - read more
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| 5 Credit Killers A good credit score speaks volumes about your financial habits. It's the evidence most creditors need to evaluate your credit worthiness. - read more
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| 7 things you need to know about a Hire Purchase loan There are seven things you should know before you ever think of getting a Hire Purchase loan. Knowing these things will give you control and power in the loan process. Power and control will will save you money - read more
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| APRA's New Lending Limits: What Borrowers Need to Know Fri, 13 Feb: The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at curbing high-risk lending practices within the housing market. Effective from 1 February 2026, APRA will implement a cap limiting banks to issuing no more than 20% of new home loans with debt-to-income (DTI) ratios of six times or higher. This measure applies to both owner-occupier and investor loans, excluding new housing developments. - read more
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| Westpac's Financial Milestones: Profit Surge and Strategic Sale Fri, 13 Feb: Westpac Banking Corporation has reported a robust full-year profit of $7 billion, underscoring its strong financial performance in the current economic climate. In a strategic move, the bank has also announced the sale of its RAMS mortgage business for $21.4 billion, a decision that aligns with its focus on streamlining operations and enhancing shareholder value. - read more
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| Introducing the Kia Tasman: Kia's Entry into the Australian Ute Segment Fri, 13 Feb: The Australian ute market is poised to welcome a new entrant with the upcoming launch of the Kia Tasman. Scheduled to arrive in mid-2025, the Tasman marks Kia's inaugural foray into the competitive utility vehicle segment, traditionally dominated by models like the Ford Ranger, Toyota HiLux, and Isuzu D-Max. - read more
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| Lightspeed Motor Company: Bringing Car Manufacturing Back to Australia Fri, 13 Feb: In a bold move to revitalise Australia's automotive manufacturing sector, Melbourne-based Lightspeed Motor Company has announced plans to locally produce the Ariel Atom sports car and the Ariel Nomad off-roader. This initiative aims to address lengthy wait times and high costs associated with importing these vehicles from the UK. - read more
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