Finance News
Over the last few months we have all heard the difficulties associated with MTR and last Friday at 5pm Luke Grant said farewell to the station. What does the future hold for MTR? It’s hard to know but from my point of view the experience, friends and relationships I have made have been amazing. Working with Glenn…
Are you a footy fan or Super Coach fan, well feel free to join for free and there will be some prizes at the end of the season for the winner. Good luck and feel free to forward to your friends the league number is : 164481. Places will fill quickly so be quick. Below…
It might be common sense for many but I came across a family book released by the government on healthy eating and managing children in childhood. There is a family book and a cook book and whilst they are too big to put on the website I am happy to email it to you or…
The downgrade of the Long-Term IDRs and VRs of CBA, NAB and WBC reflect the weaker funding profile of the major Australian banks relative to similarly rated international peers. Despite some improvement since 2008, all four banks retain a reliance on wholesale funding, particularly from offshore markets. Fitch estimates and comments included: wholesale funding made…
World oil prices surged again to new nine-month highs Friday as traders fretted about the impact of heightened geopolitical tensions over Iran on global crude oil supplies. New York’s main contract, light sweet crude for April, soared almost $US2 a barrel, closing above $US109 for the first time since May. Please feel free to read…
EU Finance ministers have just signed off on the bail out package for Greece. The “voluntary” losses taken by the private bond holders will now be larger than what was agreed to the previous month. The haircut that was “agreed” to will now be 53.5%. The IMF believes that this will be sufficient to reduce…
This note looks at the risk of a disorderly Greek default and euro break-up and what the impact might be. The key points are as follows: • Logic argues against a Eurozone break-up given the costs to countries that exit. Nevertheless, a disorderly Greek default is a high risk, but at least Europe is becoming better…
Well I know its not tax time, but its getting close so now is a time that many people shop around accountants and we are more than happy to help you find the right one, so here are some quick questions for you to ask him or her! How Long Have You Been In Practice…
