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Commonwealth Bank chief executive Ralph Norris says loan losses and provisions will increase significantly in the first half of fiscal 2009 because of company failures and the economic slowdown. “We
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Find FREE brochures on a variety of financial topics using our brochure finder, including brochures on savings , property and insurance . The Bank of England yesterday cut interest rates by 1.5 per cent to three per cent may not be enough to boost ...
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The impact of ultra-tight credit markets is hitting your credit cards, and you might not even realize it. Behind the changes is the simple fact that lenders want to protect themselves from bad debt, so they're tightening standards and practices in hopes of avoiding defaults by credit card users.
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