THE stock market returned to positive territory at the close today, with strong gains in the resources sector helping the bourse recover from its big falls on Friday.

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A new survey has revealed business confidence has jumped to its highest level in three-and-a-half years.

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The Australian share market made a surprising comeback this afternoon, to close almost 0.5 per cent higher.

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THE dollar closed weaker today as nervousness about the share market restrained carry traders.

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Business customers were happier with their banks in June after a year of falling sentiment, a survey shows.St George Bank had the highest overall customer sentiment rating, while the Commonwealth Bank of Australia (CBA) had the lowest score.

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THE US dollar fell to a two-month low against the yen and hovered near a record low against the euro today as worries about US sub-prime mortgage woes weighed on the currency.

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THE Australian dollar has hit a new 18-year high in trading on financial markets today as it races towards US90 cents and beyond as the US dollar drifts lower and lower.

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I was surprised to know that I was worth over $388K, the first thing that came to mind was what can I go and buy HAHAHA.

Well according to the latest report from the Bureau of Statistics the average Aussie is worth $388,500 dollars which is up $17K in the last 12 months, though Aussie still can’t seem to get rid of the nasty credit card debt, which is around the $2990 debt per credit card user.

The report also indicated that Australian’s are smarter with their credit cards and many are paying off the credit cards and limiting their use of the credit card cash advances.

I’d like to think that the new report is a positive step of all Australian credit card holders, that Aussies are now starting to be more smarter with their credit card usage.

Hopefully, in 12 months we’ll be worth more and slowly lose our dependence on our credit cards

Westpac Australia has canceled thousands of VISA credit cards over a security breach from a third party vendor. Westpac is in the process of contacting all Visa credit card members affected by the cancellation.

for the full article [Yahoo Article]

Shop Online
Shop Worldwide
Shop on your terms … We’ll That’s what they say.

With more than 24 million locations and over 924,000 ATMs Worldwide, you could enjoy the freedom Pre Paid VISA cards has to offer.

Well for this Frugal Shopper it does sound like a good deal, shop anywhere around the world, use it online and the lack of credit card interest rates makes it appealing. You only spend the money that you load into it…right?!?… how does it really compare when we add up all the fees.

We’ve decided to put it all together for you, so you can decide whether the Prepaid VISA credit card is right for you.

With many of the Australian Banks starting to offer some type of prepaid credit card and pre paid gift cards (We’ll tell you the difference) we should start to see a variety of Prepaid Card on offer for Australian Cardholders.