Christmas Is Coming
With Christmas just around the corner the friendly staff here at Financial Gain Australia thought it would be nice to offer some Christmas gift ideas.
Of course with all that time on your hands the most obvious would be a book of some description especially finance related.
Dec 10 Interest rates
Westpac 6.76%
ANZ 6.66%
St George 6.86%
CBA 6.61%
mba – Adelaide Bank
(0.80% upfront and 0.25% trail) 6.24%
* Rates sourced from Cannex 9/12/2009
Christmas Hours
We will be working up until the 23rd of December and closed on the 24th.
Back at work on the 4th of January.
Have a great Christmas and Happy New Year
New Zealand Options
2 Bedroom apartment. renting for $400 per week , Purchase Price 250k
Macquarie Is Back
Macquarie bank is lending again however you need to have at least a 20% deposit.
Director Heads Back To NZ
After another week on the balmy Gold Coast Financial Gain’s NZ Director heads back over seas courtesy of Emirates…
Christmas Function
Financial Gain are going on their Christmas Cruise this evening.
Keep an eye out for the pictures.
Westpac Rate Rises
What’s happening and when?
Westpac recently made the difficult decision to raise our standard variable home loan interest rate by 0.45% p.a. This change took effect from 4 December 2009.
Why we raised rates above the Reserve Bank of Australia (RBA) increase.
The money we lend to our customers comes from two sources. Firstly from customers who place their deposits with us, and secondly from borrowing on the wholesale money markets.
The reality is that the cost of Westpac’s wholesale term funding isn’t just governed by the cash rate set by the RBA, and has increased substantially due to the continued pressures of the economic climate. In fact, the cost of bank funds is significantly higher than 12 months ago. We’ve absorbed a significant amount of these extra costs, but the current conditions require us to act independently of the RBA.
Why we decided to raise our standard variable home loan interest rate.
The decision to raise our rate by 0.45% wasn’t taken lightly. In looking at the amount of the increase, we wanted to be fair to our customers, at the same time ensuring we maintain a sustainable business model.
Who to talk to if you have more questions.
If you have any more questions, please talk to your local Bank Manager in branch, or call us on 1300 368 765.
source http://www.westpac.com.au
Changes To Equipment Finance
Equipment Finance and Leasing
At Financial Gain we are dedicated to understanding and supporting the needs of businesses and offer comprehensive commercial motor vehicle and plant & equipment financing solutions where leasing options are tailored to suit your needs.
Our experience and access to a wide range of lenders means we can provide finance for motor vehicles and business equipment. Ranging from office equipment to diamond drills or even a helicopter.
