'News Stories'

Another interest rate rise is on the cards soon. Now is the time to ensure your cash flow is ok; your debts are on the lowest interest rates available and your insurance options are covered in case the unthinkable happens.What would happen if you couldn’t work or didn’t have any income for 6 months? Assess your current situation and take steps to give yourself, your family and your business a ’safety net’.

Assess the cost of insuring the most valuable asset you own - yourself. Sickness, injury and other mishaps are a fact of life. Taking steps to protect your income during these times may be good steps to take now.

Contact Chocolate Money on 1300 137 539 for assistance.

THE financial crisis triggered by the collapse in US sub-prime lending is contributing to Australia’s housing shortage, with builders claiming they are unableto obtain finance for new developments.

Master Builders Australia chief executive Wilhelm Harnisch said many builders were being turned away by lenders, which meant fewer homes were being built.

“Even some of our biggest building members, despite having been major clients of the big banks for many years, are now being told there is just not enough money to go around,” he said. “But the impact will be most pronounced for smaller operators and it means some development will not proceed or will be substantially delayed.”

Click here to read the full article