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Recent Posts – Credit Cards & Personal Lending

  • Are you a victim of credit card debt trap?

    Are you a victim of credit card debt trap?

    Ross Greenwood speaks to ASIC’s Deputy Chair Peter Kell after a major review  ASIC has found 14 million Australians have a credit card debt, and one in six are struggling to pay it off. Introduction: Are you a victim of credit card debt trap? Ross Greenwood: Very shortly we’ll hear from the Deputy Chairman of the Australian Securities […]Read More »
  • 9News: The Grand Plan

    9News: The Grand Plan

    Ross Greenwood: Seven years since The Star got a $960 million face lift, now its set to have another $500 million spent on it. [embedyt] https://www.youtube.com/watch?v=zkQrvy-6A3w[/embedyt] Matt Bekier: We don’t have enough hotels for the big convention businesses, even though we’ve got a great convention center. Ross: The new plan will see 61 story, 6 star Ritz-Carlton […]Read More »
  • Was Christmas retail as good as expected?

    Was Christmas retail as good as expected?

    Ross Greenwood speaks to NAB Cheif Economist Alan Oster about the lwoer than expected Retail figures  which means the retail and household sectors are struggling with cost of living pressures. Introduction: Was Christmas retail as good as expected? Ross Greenwood: Well, in the middle of all that stock market carnage or apparent carnage, there were other numbers out today. […]Read More »
  • Are you being hit with excessive currency exchange rates?

    Are you being hit with excessive currency exchange rates?

    Ross Greenwood speaks to ACCC Chairman Rod Sims after announcing  Banks that charge excessive fees for foreign purchases and converting currencies will come under scrutiny from the consumer watchdog. Introduction: Are you being hit with excessive currency exchange rates? Ross Greenwood: Welcome back to Money News right around the country. Anybody who has moved money overseas […]Read More »
  • Latitude to launch buy now, pay later platform

    Latitude to launch buy now, pay later platform

    Ross Greenwood speaks to Latitude Financial Services CEO Ahmed Fahour as Latitude will be launching a ‘buy now, pay later’ service as it aims to flourish in a post royal commission environment where banks are hesitant to lend. Ross Greenwood: Great to have your company here on Monday news going right around Australia. A name […]Read More »
  • Should you be asking for a pay rise?

    Should you be asking for a pay rise?

    Should you be asking for a pay rise? Ross Greenwood speaks to Treasurer Scott Morrison about the citizenship crisis, the banking royal commission and whether people should be asking for a pay rise? Ross Greenwood:  Welcome back to Money News, right across Australia. Well, while the citizenship crisis continues to boil through the parliament, trying to […]Read More »
  • Have you been hit with excessive payment surcharge?

    Have you been hit with excessive payment surcharge?

    Ross Greenwood speaks to ACCC Deputy Chair, Michael Schaper, about Red Balloon becoming the first company to be hit with fines for excessive payment surcharges. Essential stories relating to this article – Introduction: Have you been hit with excess payment surcharge? Ross Greenwood: Welcome back to Money News right around Australia. From the moment that the […]Read More »
  • Shareholder pressure forced the resignations of NAB Bosses

    Shareholder pressure forced the resignations of NAB Bosses

    Ross Greenwood speaks to Institutional Shareholder Service Head of Research Vas Kolesnikoff who says shareholder pressure would have played a strong part in the resignation of NAB CEO Andrew Thorburn and its chairman Ken Henry Ross Greenwood: I want to go to another person who we spoke to earlier this week in regards to this. […]Read More »
  • Would you sign up for a Coles loyalty program?

    Would you sign up for a Coles loyalty program?

    Ross Greenwood speaks to Marketing Focus’ Barry Urquhart about Coles railing a loyalty program called Flybuys Max, offering free delivery, online video streaming services and five per cent discounts on all fresh produce, including meat. Introduction: Would you sign up for a Coles loyalty program? Ross Greenwood: Okay, let’s get to this other issue today, Coles. Suggesting a new […]Read More »
  • Is Australia’s economy in good shape?

    Is Australia’s economy in good shape?

    Ross Greenwood speaks to Treasurer Scott Morrison about the national accounts and why weaker exports have “taken the shine” off new economic growth figures. Introduction: Is Australia’s economy in good shape? Ross Greenwood:   Let’s start with the national economy. It’s growing. It continues to grow, 2.4%, but this was partly because of a very poor net trade […]Read More »