Easy Car Loan Quotes News

Wed, 2 May 2007
Interest rates on hold: reprieve for homeowners
In a boon for the nation's mortgage belt, the Reserve Bank decided at its quarterly meeting on May 1 to leave the official cash rate unchanged at 6.25 per cent. The Reserve Bank's decision followed the publication of a much lower than expected March-quarter consumer price index, which showed inflation rose just 0.1 per cent for the quarter and 2.4 per cent for the year. This was well within the Reserve Bank’s target of 2-3 per cent. In a rare show of consensus, many economic forecasters are now predicting a further easing in inflation and most believe interest rates will stay on hold for the rest of 2007, particularly given the impending federal elections.

Fri, 21 September 2007
Debt collection to the fore as finance sector struggles
Managing debt collection is a growing industry worldwide, particularly in the wake of the sub-prime mortgage problems, says Rob Yeldon, chief executive officer of financial services and software company Admerex. Admerex provides software and consulting services to financial institutions, telecommunication companies, utilities, educational and government organisations in 25 countries. The focus is on credit and risk management. The company also markets and supports high-volume payment processing, security and retail banking applications.

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