Sunday Telegraph November 6, 2011 WILLEM “Andrew” Willink, is a whiz who has created an empire from selling money-related research. The Dutch-born entrepreneur, who has spent much of his life working in the banking sector, began the Brisbane-based business Canstar in 1991, an interest rate and financial research and comparison website business, of which he… Continue reading It’s to help the consumer
Category: Newspapers
On borrowed time: rates set to rise
SMH April 2, 2011 Fixing the mortgage interest rate may be a smart move if, as economists expect, the cash rate moves higher by the end of the year. If they are right and the cash rate is 0.5 percentage points higher by Christmas, borrowers with a $450,000 mortgage will have to find an extra… Continue reading On borrowed time: rates set to rise
CREDIT CARDS
AFR February 4, 2006 The key to extracting the most value from your credit card is to understand your spending and payment habits.If you pay interest on your credit purchases you need to consider the interest rate, annual fee, number of interest-free days, and minimum repayment amount. Andrew Willink, advises that consumers consider all aspects… Continue reading CREDIT CARDS
True enough
SHM July 13, 2005 The comparison rate, or true rate, a consumer tool for comparing the cost of loans, is under review after just a few years. Special interest groups are pushing hard to have the legislation either changed or abolished, depending on their stake in the mortgage industry. Andrew Willink, says: “We developed an… Continue reading True enough
Beware Brokers
AFR July 24, 2004 The broker, one of many who scouts supermarkets for customers, convinced the couple they could pay off their home loan in seven years simply by applying for a credit card. Andrew Willink, has an additional warning for borrowers considering mortgage refinancing. When you have your home refinanced, the lender may revalue… Continue reading Beware Brokers
Comparing super is no picnic
SMH August 9, 2003 Australia’s banks have proven themselves to be world beaters in dreaming up new fees and charges. Faced with tightening margins on their profitable mortgage business in the 1990s, the banks responded admirably by dreaming up ways to boost revenue. Just look at the range of fees that can be charged on… Continue reading Comparing super is no picnic
Home buyers to be told true costs
SHM April 19, 2002 – Home lenders touting rock-bottom honeymoon interest rate deals will be forced to providemore information about the real cost of the loan after legislation changing credit regulationswas passed last night.The alterations to the Uniform Consumer Credit Code – which regulates lending activities ineach state – will require banks and other lenders… Continue reading Home buyers to be told true costs
A haven for the faint hearted
AFR- June 27, 1997 Banks’ cash management accounts report steady flows, but the real beneficiaries of the impasse are cash management trusts. The question is, which kind of vehicle would suit you? Andrew Willink says, cash management trusts (CMTs) make sense when investors have less than $100,000 (see table referring to the likelihood of getting… Continue reading A haven for the faint hearted