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JAMES Packer’s $US250 million ($307m) loss from the bankrupt Fountainbleau Las Vegas Resort had been expected by the market, according to several analysts.

Sourced At http://www.finance.news.com.au/story/0,10166,25624612-5017676,00.html?from=public_rss

• Government stands by forecasts
• One million still expected to be out of work
• Jobless rates: Jumps back to 5.7 per cent

Sourced At http://www.finance.news.com.au/story/0,10166,25624501-5017676,00.html?from=public_rss

WALL Street shares ended with modest gains today as data showing a rise in US retail sales and lower unemployment claims helped soothe fears of rising oil prices and interest rates.

Sourced At http://www.finance.news.com.au/story/0,10166,25624525-5017676,00.html?from=public_rss

TOLL road builder BrisConnections has launched a flood of legal claims around the country against 140 investors who defaulted on the second instalment payment on their partly paid securities.

Everybody wants wealth. Television shows like Who Wants to be a Millionaire and Lifestyles of the Rich and Famous succeed because we all envy the very wealthy. Somehow living vicariously in their world through television is good enough for some people.

But you know that if you want to achieve real wealth, you won’t get it by watching television. You need some strategies for creating wealth. It doesn’t just spring out of the ground on its own. The ones in life who actually create wealth are those who find a strategy for creating that wealth. That strategy is based on a realistic way of taking what you have and turning it into real wealth.

One of the questions we here at Premium Finance Services keeps getting asked is, ‘When is the best time to invest’

The answer is simple; we believe the best time to invest was yesterday; the next best time is today.

We believes property investment to be a long term strategy. Its value will have its movements over the economic cycle but consider this; what was you home worth ten years ago and what is it worth today?

One of the driving forces in property as an investment is the fact that it is population driven, people have to live somewhere.

“Meeting people from all walks of life each week, and setting them on the right track financially is a rewarding job”

The team of Relationship Managers at Premium Finance Services in Brisbane and Melbourne have decided to share some of their stories with the world wide web! Perhaps we can pass some finance tips onto you, subscribe and learn a few things.

We have some exciting new tools coming soon!

• Budget Calculator ( free & very powerful! )
• Income Tax Calculator ( you will be astounded what you pay over your life time )