The RBA is unhappy with the way banks offer their best interest rates to new customers while charging many existing clients more. This is widening the trust deficit with the banks and consumers. The banks do this with unadvertised discounts on their standard variable rates, and this stifles competition.  The RBA said… “It leaves many customers unaware if they are […]

 “Banks have taken advantage of behavioural biases in the use of credit cards.” Peter Kell ASIC Chairman ASIC deputy chairman Peter Kell said last week he would look at instances where cards were “obviously poorly suited” to customers’ needs or their financial behaviour. Banks have to tell ASIC how quickly their credit card customers are repaying their […]

The recent article by Michael Pascoe in the SMH makes some good points about household debt. He says….. “The record-household-debt story is more common than bushfire warnings.” What the commentators neglect to say is the other half of the argument is because interest rates are so low, servicing of household debt is the easiest it’s […]

“Through all our research we decided that we just had to fill one requirement:  the new printers had to offer something more than we were already offering.” The decision to invest in capital equipment isn’t one taken lightly by Coleman Group. With improved speed, width and quality as the objectives, their research led to the […]

Did you know suicide is the leading cause of death for Australians aged between 15 and 44? And there’s around 3,000 people dying by suicide every year – that’s 8 people every day! Today is the day to ask your mates “RUOK?” Here’s the link for tips on how to help your mates:  RUOK?