Why is it so expensive to send money across international borders? Each time we send money to loved ones, buy property overseas or move assets abroad, the banks ding us. Unlike them, we don’t have unlimited sums of money – paying their ridiculous spreads and fees hurts us financially. Technology has grown leaps and bounds, […]
Finance
What does the surge in the Australian dollar mean for the global economy?
There’s been great interest surrounding the Australian economy – both on these shores and overseas – since a surge in value for the Aussie dollar. As July turned into August, the dollar shot beyond 80 US cents – almost 10 US cents higher than the rate last November and far higher than early 2016 and […]
Are the Australian banks ripping us off ?
Banks declare huge profits Australians are feeling ripped off as the Big four banks who have a monopoly are increasing the interest rates out of tune of the RBS rate increases , even when they dont need too and are declaring huge profits. "The banks are a bunch of greedy thieves, ripping off Australians trying […]
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