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Market latest: Australia
Market indices 12 October,2008
12/10/2008 06:48 Sydney, Australia.
Currencies 12 October,2008
12/10/2008 06:48 Sydney, Australia.
 Europe
Market indices 12 October,2008
12/10/2008 06:48 Sydney, Australia.
Currencies 12 October,2008
12/10/2008 06:48 Sydney, Australia.
 Japan
Market indices 12 October,2008
12/10/2008 06:48 Sydney, Australia.
Currencies 12 October,2008
12/10/2008 06:48 Sydney, Australia.
 US
Market indices 12 October,2008
12/10/2008 06:48 Sydney, Australia.
Currencies 12 October,2008
12/10/2008 06:48 Sydney, Australia.
 UK
Market indices 12 October,2008
12/10/2008 06:48 Sydney, Australia.
Currencies 12 October,2008
12/10/2008 06:48 Sydney, Australia.
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Another day, another tawdry episode of financial disaster. For the past four weeks Australians have awoken to worsening financial news and increasingly desperate action on the part of the world’s financial authorities.
After a week of intense haggling, US politicians have finally agreed on a bailout plan for Wall Street that will cost the US taxpayer $840 billion. Sounds great right? But what does it actually entail?
After a week of intense haggling, US politicians have finally agreed on a bailout plan for Wall Street that will cost the US taxpayer $840 billion. Sounds great right? But what does it actually entail?
If you're a little unnerved about your bank given the current global financial meltdown, then why not take a look at credit unions as an alternative? Credit unions differ from banks in that they are mutuals so all of their customers are members and owners of the credit union.
Bank deposits are growing at the fastest rate in years as yields in the share and property markets collapse. But as the US subprime crisis shakes the very foundations of the global financial system, many are asking how safe these deposits really are.
There's no doubt things are looking up for bank customers — and transaction accounts are leading the way.
Forget the eye-catching rate for that online savings account — the conditions may whittle it all away.
If you take exception to the banks' exception fees, then consider having an account that does not allow you to go into the red or spend above your limit on your credit card, says Gillian Bullock.
The key to getting the right everyday banking account is to base your choice on your personal banking habits.
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