Will Spending Increase Lead to Increase in Personal Debt for Western Australians?

WA based debt solutions company Australian Financial Solutions, believe that many Western Australians will increasingly feel the pressure of rising personal debt during 2009, no matter how many ‘stimulus’ packages the government provide.
By: Natalie Levett
 
Feb. 19, 2009 - PRLog -- The Australian Bureau of Statistics reported on the 4th of Feburary, 2009 that in seasonally adjusted terms(not including the impact of the government’s December 2008 ‘Stimulus Package’), all Retail industries had a sales increase in December 2008, with Food retailing (+1.4%), Department stores (+8.3%), Clothing and soft good retailing (+5.8%), Household good retailing (+9.9%), Other retailing (+2.6%) and Cafes, restaurants and takeaway food services (+1.7%). (source: http://www.abs.gov.au/AUSSTATS/abs@.nsf/mf/8501.0     8501. Australia, December 2008).


Australian Financial Solutions Associate Director Natalie Levett says,”Increasingly people are  requiring our services as they start to have trouble managing their current financial debt. Retail spending is up, and unfortunately for some people that’s as a result of them spending more than they earn or can afford”.


“We want to help people manage their current debt, and to be able to consolidate their debts where appropriate,” Natalie says, “Our principals are Chartered Accountants with many years of experience in assessing the financial circumstances for people and explaining the options available and recommending the best debt solution, including alternatives to Bankruptcy”.

To try and help those suffering under the burden of debt, Australian Financial Solutions are offering a lifeline for people in the form of a free and confidential financial assessment. After assessing a person’s financial position and circumstances Australian Financial Solutions will recommend a debt solution that best suits the individual.


For more information:
Media Contact: Natalie Levett, Associate Director, Australian Financial Solutions
Ph: 1300 237 669
Email: info@austfinsolutions.com.au
Web: www.australianfinancialsolutions.com.au

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Providing debt help and solutions to West Australians including debt consolidation, loan refinancing, debt agreements, personal insolvency agreements and bankruptcy. Get Out of Debt today with Australian Financial Solutions
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