General

" In today's hectic consumer society, monetary literacy is an important daily life ability. It implies being able to understand and work out the monetary landscape, handle money and financial dangers efficiently and prevent financial risks," ASIC says. "Improving monetary literacy can benefit anyone, no matter age, earnings or background." It implies being able to understand and work out the monetary landscape, handle money and financial dangers efficiently and prevent financial risks," ASIC says.

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What do Australian 15-year olds share with their peers in New Zealand and Estonia?

Well, inning accordance with the Program for International Trainee Evaluation (PISA) report, Australian, Kiwi and Estonian teens rank third-equal worldwide for their financial literacy skills.

The PISA study, an initiative of the Organisation for Economic Co-operation and Development (OECD), discovered just 15-year olds from the Flemish-speaking regions of Belgium and their equivalents in Shanghai comprehended financing much better than Australian youngsters.

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In most cases, a broker from mangomoney.com.au can ask for a discount on your interest rate and other mortgage expenses. With years of solid experience in the industry, they have already established valuable relationships with some of these lenders. A lot of them would not mind extending some financial relief With years of solid experience in the industry, they have already established valuable relationships with some of these lenders.

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From gold exchange-traded funds (ETFs) to gold stocks to buying physical gold, investors now have several different options when it comes to investing in the royal metal. But what exactly is the purpose of gold? And why should investors even bother investing in the gold market? Indeed, these two questions have divided gold investors for the last several decades. One school of thought argues that gold is simply a barbaric relic that no longer holds the monitory qualities of the past.

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The uncertainty band continues to include the target rate toward the end of the data sample, meaning that the recent sustained departure of the 12-month mean from the target does not yet signal a permanent downward shift in the level of inflation. Rather, the departure remains within the range of typical fluctuations in monthly inflation that arise from temporary factors.

Read Full Story: http://www.ritholtz.com/blog/2015/07/assessing-the-recent-behavior-of-inflation/

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