Your Budget And Rising Petrol Prices
If you have a mortgage and are not struggling with the increasing cost of petrol you are in the minority. And if you arent struggling now, how will you fare when the flow on effect of high petrol costs starts to increase the cost of living across the board. For many Australians the question of how to cover all their bills and maintain a decent standard of living for their families will soon become a pressing one.
As you struggle with this challenge, you may discover tha...
mortgage,offset,australia,home loan
If you have a mortgage and are not struggling with the increasing cost of petrol you are in the minority. And if you arent struggling now, how will you fare when the flow on effect of high petrol costs starts to increase the cost of living across the board. For many Australians the question of how to cover all their bills and maintain a decent standard of living for their families will soon become a pressing one.
As you struggle with this challenge, you may discover that your mortgage is actually the solution.
In recent months, oil prices have skyrocketed to $65 a barrel. This has resulted in the price of petrol rising above $1.30 a litre. This increase has been blamed on the recent hurricanes in the Gulf of Mexico and the resulting production delays.
Already this is beginning to bite the budgets of Australian families. In a BRW report, McDonalds chief executive Peter Bush revealed that McDonalds sales growth had dropped 5 % in just weeks. He attributes this sudden decline to Australians tightening t
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