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Computer Maintenance - Prevention is always better than cure; even for your PC!

It is said that prevention is always better than cure. In this day and age spouting lines like the former can result in your being relegated to the nearest has been heap. Unfortunately, even today in the age of digitalization, globalization and any other ‘–action’ that you can think of, the old adage remains true especially where your PC is concerned.

What we need to remember is that our PC is ,after all, a machine and no machine can continue to function on it’s own without proper maintenance.


PCs are complex beings and they need two different types of maintenance, software maintenance as well as hardware maintenance.

Hardware maintenance involves keeping your computer’s hardware in proper working condition. To keep your computer hardware in good working order you need to maintain the external components of the computer, such as the keyboard and monitor.
For example, in order to maintain your processor in tip top shape it is important to keep the processor away from excess heat, moisture and dust.

Nowadays there are also computer hardware preventive maintenance software programs that can help with the upkeep of other internal aspects of a computer.

Software maintenance is basically concerned with keeping your computer virus free and updating both your antispyware and anti-virus programs; removing temp files, cleaning the registry as well as removing unwanted files and folders. Also you need to ensure that your operating system is updated regularly and updates are kept up to date.


Maintaining your PC is not a major issue. By following these simple tips you can ensure that your PC is in good shape for years to come:
• Install a good anti-virus and keep it up to date.
• Install a good spyware blocker and remover and update them regularly.
• Scan your system regularly.
• Delete all you temporary files.
• Keep your web browser and operating system updated.
• Always reboot after installing or uninstalling any program

Remember the cost of maintaining is much lower as compared to the cost of repairing; therefore regular maintenance will help you reduce your cost and keep them at a manageable level.

Walter Brun
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Since the global financial crisis (GFC) struck on the back of the US lead sub-prime mortgage crisis, lenders have tightened their lending criteria.

So before you apply for a home home loan comparison it pays to do your research. Here’s some inside info to put you on the right track.

Lenders have removed the availability of 100% loans, meaning you can no longer borrow the full amount of the purchase price. Instead, you normally have to prove that at least 5% of your home loan deposit is from genuine savings.

So what is genuine savings?

Genuine savings is money that has been accumulated over of a period of time. The majority of lenders require savings to have been built up over at least three months.

Accumulating regular savings before buying is a great starting point as it will help you establish a steady savings pattern and prepare you for longer term mortgage repayments.

What counts towards genuine savings?

Lenders require you to provide evidence of your savings history in the form of bank statements – whether the money is in a term deposit, a savings account (such as ING or Ubank), or your everyday transaction account. Turning up with your piggy bank is simply not an option.

A share portfolio and/or any equity you already have in another residential property may count towards your genuine savings (depending on your lender) provided you have held these investments for a period of at least three months.

Funds held in your First Home Saver account will also count towards genuine savings. A First Home Saver account is a federal government incentive to give Australians a helping hand towards property ownership. It’s not to be sneezed at!

What doesn’t count towards genuine savings?

Financial contributions from parents do not count as genuine savings. Just because your mum and dad love you doesn’t mean you are a responsible person who can manage a mortgage – which is what your genuine savings history aims to prove.

The First Home Owner Grant doesn’t count. Again, a nice gift from the government, but it does not count as genuine savings. Neither do rebates from vendors or builders, the proceeds from the sale of assets (e.g. flogging your car) or money from a personal loan.

So, the moral of the story?

Particularly if you’re a first time buyer, make sure you’ve got at least 5% of your expected purchase price saved for your home loan deposit and at least three months of savings history to back that up before you start looking for a property. It will save a lot of heartbreak by ensuring that you are in a realistic position to buy when you do find the home of your dreams.

Do you have a story to share about being knocked back by a lender because you didn’t have enough evidence of savings, hadn’t saved enough or weren’t aware of the latest home loan approval criteria?
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Aussie banks safe from shock

June 11th 2010 04:02
Australian banks could survive an economic contraction the size of the 1990s recession, the Australian Prudential Regulation Authority has revealed.

According to a report in the Australian Financial Review, APRA chairman John Laker ordered a stress test to be conducted on the country's largest lenders to determine what would happen if there were a three-year deterioration in global economic conditions. The Reserve Bank of Australia and New Zealand's central bank also took part in the examination.

Laker said the results showed Australian banks had the capital resources to weather such a contraction. In fact, none of the 20 banks tested would have failed or even fallen below the minimum amount of top-rated assets on their balance sheets.

However, Laker warned banks not to get complacent and take part in the high-risk activities that caused the economic downturn overseas.
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Banks profit from exit fees

June 11th 2010 04:00
Banks made $5bn in establishment and exit fees last year from customers switching from fixed to variable rate loans.

"The increase in housing fee income was driven by establishment and early exit fees, with the available information suggesting that break fees on fixed-rate loans accounted for a significant proportion of the overall growth in fees," the RBA said


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A sharper than expected fall in unemployment could pressure the RBA to increase rates at its next meeting.

Unemployment fell by a seasonally adjusted .2% to 5.2% in May, defying expectations that it would remain static at 5.4


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Rule of Thumb

May 30th 2008 11:22
Just sometime ago I watched Sir Richard Branson saying on TV that he did all his business deals on a rule of thumb basis and that only later accountants were called in.

This makes sense to me but when I was an accounting student they told me to distrust management’s “gut feeling” and “rule of thumb”. What accountants must do, my lecturers preached, is to provide precise, well calculated figures that management can use to plan and evaluate operations. Fine, I thought


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The Culture of Poverty

May 24th 2008 11:17
We in Australia live in such prosperity, there is so much money going around, even for some meaningless activities such as fishing the Marlin or golfing. I think most people would find it hard to believe the poverty in which such a large part of humanity still lives under today.

In Dr Mohammad Yunus autobiography, Banker to the Poor (1), the founder of the Grameen Bank of Bangladesh explains how the culture traps people in it


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Effort to Pay Rate

May 23rd 2008 11:02
If you get paid by the hour for your work, do you know how much effort you are supposed to outlay?

I suppose the practical answer is: as much as necessary to achieve the goals of that particular business in what relates to that particular job. This could give you a rate of effort per hourly pay that would characterise your position. Which is all right


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Long Term Investing

May 23rd 2008 10:59
The purpose of investing often gets people confused. Most people think of making a quick buck and exiting the market. Yet, investing could be seen differently.

There are at least two purposes to investing: (1) investing to make a gain and then converting it into currency to be used for some other extraneous purpose such as buying a new car, going on holidays or just throwing a big party; and (2) investing to increase one’s wealth on a permanent basis being that then the investment gains a long term view and is not, ultimately, to be converted to into a consumption good


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When I go through Marrickville in my bus back from work I always observe the businesses around. Most of them seem to be quite profitable and well run. Interestingly enough, some rare ones don’t.

I am thinking of the second-hand furniture and electrical business in Victoria Road. If they sell a couple of items they probably make the day, but they don’t seem to be busy


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