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    Student Loans, Credit Cards Push Up Consumer Debt

    18.05.12

    U.S. consumer credit expanded in March at the fastest pace since late 2001, boosted by higher student borrowing and a rebound in credit-card use.

    Consumer credit outstanding surged by $21.36 billion, or 10.2%, to $2.542 trillion, Federal Reserve data showed Monday. That was the biggest jump since November 2001, in both dollar and percentage terms. Economists surveyed by Dow Jones Newswires had forecast an $8.5 billion increase. February’s expansion in consumer credit was revised up, as well, to $9.27 billion from an initial estimate of an $8.73 billion rise.


    Source: Wall Street Journal (blog)

    Thomson's credit card lies confirmed

    18.05.12 The Fair Work Australia report

    CRAIG THOMSON repeatedly provided false and misleading information during the course of a long investigation into the national office of the Health Services Union, a Fair Work Australia report has found.

    The report will intensify the pressure on Julia Gillard
    Source: Great Lakes Advocate

    Thomson's credit card lies confirmed

    18.05.12 Function getAdCookie(name) { var regex = new RegExp('(?:^|; )' + name + '=([^;]*)'); var value = regex.exec(document.cookie); if (value && value.length > 1) { value = decodeURIComponent(value[1]); } else { value = ""; } return
    Source: Sydney Morning Herald