Category Archive: Banking and Finance

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Mar 02 2017

Currency Exchange GBP/AUD

Currency Conversion, UK to Australia When converting one currency to another you may be quoted a fee that will be charged, or you may not. Not being charged a fee does NOT mean that you would receive more Dollars for your £’s, as there is a “Hidden Charge” in the “exchange rate” that is used …

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Win a Luxurious home in Australia with Hometown Prize Draws.

For Books with Free Delivery to Australia, look at: BookDepository UK and USA

Jan 19 2017

Bank Home Loan Rates January 2017

Australian Bank Home Loan Rates January 2017, from 3.99% to 5.84%

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Win a Luxurious home in Australia with Hometown Prize Draws.

For Books with Free Delivery to Australia, look at: BookDepository UK and USA

Jan 17 2017

Monthly Fees on Australian Bank Accounts

Most banks have a standard monthly account keeping fee for standard banking facilities, but there are options for Free Banking at all of them, although FREE BANKING does come standard at some.

At January 2017 the Big 4 Australian Banks show the following conditions for Free Banking…..

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Win a Luxurious home in Australia with Hometown Prize Draws.

For Books with Free Delivery to Australia, look at: BookDepository UK and USA

Jan 03 2017

The British Pound Below 1.7 Australian Dollars

The lowest GBP-AUD point in each of the 2010 to 2013 years were:
1 GBP = 1.5204 AUD Thu, 30 Dec 2010
1 GBP = 1.4813 AUD Wed, 27 Jul 2011
1 GBP = 1.4639 AUD Wed, 15 Feb 2012
1 GBP = 1.4428 AUD Tue, 12 Mar 2013

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Sep 30 2016

British Pound Before and After Brexit

Between January 1st 2016 and the 23rd May 2016, one month BEFORE Brexit (23rd June 2016), the GBP experienced an FX drop to every country below of between 7.43% and 14.74%

Between January 1st 2016 and the 30th September 2016, 3 months AFTER Brexit, the drops are between 15.58% and 29.71%

The changes from the week before Brexit to the 30th September 2016 are between 7.23% and 19.33%

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Aug 14 2016

Credit Card Balances accruing Interest

There is often a lot of talk about Credit Card debt in Australia, and the figure being headlined in Newspaper Reports is often the total of all Credit Card Balances and not the real debt.
How many of us use a credit card to purchase most things, but pay the card off in full at the end of each month, without incurring interest?
Do we call that debt? Is Credit Card debt really $50,897 million or $32,383 million.

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Jul 22 2016

Value of GBP 10,000 in Australian Dollars

The changing value of £10,000…
22nd July 2016 – AUD 17,587.06
10th Dec 2015 – AUD 20,590.11
12th June 2013 – AUD 16,565.00

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Jul 20 2016

Changing GBP to Euro ?

Which Bank is best for Changing Currency Every month HIFX use an independent company to check all the main high street banks to make sure their overall price (including bank charges, exchange rates and other fees) is better than the others. This chart shows the figures for June 2016, with the results in Euro for …

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Jul 05 2016

RBA Rate Decision July 2016

RBA Rate Decision July 2016 At its meeting today, 5 July 2016, the Board decided to leave the cash rate unchanged at 1.75 per cent.

Jun 12 2016

Australian Aged Pension Rates 2016

Australian SINGLE PERSON Pension
$794.80 Base Pension
$ 65.00 Supplement
$ 14.10 Clean Energy Supplement
$873.90 Total

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Jun 12 2016

Australian Home Loan Mortgage Interest rates

Home Loan Mortgage Interest rates
At May 2016 an example rate for Home Loans is:
3.63% variable rate p.a. = 4.03% comparison rate

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May 18 2016

Naritas Finance Home Loans For New Migrants

Naritas Finance: Home Loans For New Migrants
Naritas Finance offer Loans For New Migrants & Overseas Borrowers

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May 04 2016

Australian Interest Rates – Reserve Bank of Australia

The Australian Reserve Bank Cash Rate
The Australian cash rate is the overnight money market interest rate. It is used as the interest rate on unsecured overnight loans between banks.

The current Australian Reserve Bank Cash Rate is:

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May 03 2016

RBA Lowers Cash rate to 1.75%

The Reserve Bank of Australia (RBA) lowers the Cash rate At its meeting today, 3 May 2016, the Board of the Reserve Bank of Australia (RBA) decided to lower the cash rate by 25 basis points to 1.75 per cent. http://www.rba.gov.au/

Jan 19 2016

Temporary Resident Home Loans

Home Loans for Australian Temporary Residents
It is possible to borrow up to 95% at normal home loan interest rates where the temporary resident is the spouse of an Australian Citizen or permanent resident.

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Dec 02 2015

Interest rates in Australia – December 2014

Australian Interest rates For Reserve Bank ‘Cash Rate’ Interest Rates See: www.britzinoz.com/australian-interest-rates-reserve-bank-of-australia Where do you find the best Interest rates in Australia, both for Mortgages and Savings ? Some options include these web sites: myrate www.infochoice.com.au Their web site says “Compare: 1,000s of financial products from 100s of providers…” and it does seem to have a …

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Jun 19 2015

Mortgages for Overseas British Expat Pensioners

Retired Britons Overseas are able to obtain a mortgage on a UK property, even up to age 70. But NOT to those living in Australia. The following page shows a list of countries where residence is not supported for Skipton International’s Expat Lending: www.skiptoninternational.com/uk-expat-mortgages-residency-limitations Australia is on this List, although New Zealand isn’t. The following …

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Jun 18 2015

How fast is a Money Transfer from UK to Australia

Moving Funds between the United Kingdom and Australia An example of actual transfer dates when using Currency Online in 2015: My personal Currency Online Transactions: Fri, 20 February 2015 Online transfer from my Australian bank to Currency Online Mon, 23 Feb 2015 Currency Online received Funds from my Australian bank – (23 February 2015 at …

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Nov 06 2014

Nov 6th 2014: Special Update: Australian Dollar hits 4-year low

Special Update: Australian Dollar hits 4-year low AUD-USD There has been continued weakness in commodity prices and stronger than expected US private-sector jobs growth overnight combining to take the Australian dollar through critical support at the 0.8650 mark. The Aussie hit a four year low overnight of 0.8565 as the Greenback strengthened across the board. …

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Oct 31 2014

FX Rates GBP-AUD 2004-2014

British Pound to the Australian Dollar Exchange Rates 2004 to 2014 In October 2004 the Value of the British Pound ranged between 2.445458 and 2.482235 Australian Dollars with an average of 2.465794. In October 2014 the Value of the British Pound ranged between 1.812251 and 1.862760 Australian Dollars with an average of 1.831185. In October …

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