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Australia could feel financial pinch

Australia could feel financial pinchNews brought to you by Skint Tariffs, providers of price comparison for cheap international calls.

People with friends and family in Australia may hear them grumble like UK residents, if warnings by the federal treasurer Wayne Swan prove true.

While the Ozzies do not have the weather gripes that Brits have, Swan noted that the financial woes that started in the US and crept across the Atlantic into the UK, could affect Australia as well.

He told reporters: "We are not immune from the fallout of the US sub-prime crisis."

To prepare loved ones down under, people living in the UK may want to take advantage of cheap international calls offered by skinttariffs.com, to share their money saving tips.

And, it looks as if Australia has already had a high profile financial institution tumble, with the collapse of stockbroker Opes Prime suggesting that other companies could follow.

Opes Prime went into receivership after "irregularities" were uncovered.

Britons on holiday in Australia might also want to make calls to loved ones in the UK on their mobile to see how people here are reacting to the latest financial woes.
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