Latest figures from Australia show that despite one of  the highest bank rates in the OECD, they are still keen to borrow more. HOME loan approvals increased again in July, as jobs growth, rising wages and tax cuts allowed people to borrow more. The news is further evidence that the May interest rate rise...
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Yesterday, Amazon the great internet retailer announced the availability of downloadable movies from its online store. Branded Amazon Unbox, the service is the first of a likely raft of major offerings over the next few months, with the most highly speculated version coming from the owner of the iPod brand, Apple. Many companies have...
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With an expensive week behind it, Apple has shown that it is more than capable of continually astounding observers and confounding the pundits. After shelling out money last week for creative and then the recall of Sony built batteries, Steve Job’s company has shown that it now only has one gear on the ‘stick...
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This week’s cover of Business Week asks the question ‘How toxic is your mortgage’. The article centres on the recent usage and promotion of ARMs to buyers in the USA as a way to cheap deals. Unfortunately many customers are now finding that what was originally a promise to help them get a foot...
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The IMF has dire warnings this week about the ever encroaching costs of commodities. This week oil fell back to its lowest point for 3 months. The market is now starting to fret and ask when the next drop will come – not if, and in the same breath they ask will it be...
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More details have arrived about Universals ‘Free’ download service. As we suspected, more is less. Details of the new services reveal that for each track you will be expected to sit through 90 seconds of adverts before it starts the download. Secondly, the tunes will only last for six months before they expire and...
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