The Reserve Bank of Australia (RBA) today decided to increase the official cash rate, by 0.25% to 2.60%. In considering the size of the increase, the RBA board appears to be continuing to focus on reducing inflation against the backdrop of falling house prices in many areas of Australia, a…
Congrats to our September Winner – Dylan wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Dylan, and he’s…
As widely expected, the Reserve Bank of Australia (RBA) today increased the official cash rate by 0.50% to 2.35%. This brings the total of increases made since May to 2.25% as the RBA continues to battle a very stubborn inflation foe. In making this latest increase our central bank will…
From rags to riches In 2013, a man browsing in a Sydney op shop purchased an unusual cup for $4. Its uniqueness caused him to research its origins. He sent a picture to Sotheby’s, who confirmed that it was indeed both rare and valuable. The buyer had unknowingly purchased a…
Caitlin and Joel Loan amount: $670,000. Monthly repayments: $2700. Grants accessed: First homeowner $15,000 and 2020 HomeBuilder $25,000. Deposit: 15 per cent plus 5 per cent guarantor finance to reach the 20 per cent threshold required to avoid paying Lender’s Mortgage Insurance (LMI). While 2020 was the year many…
Millions of Australians on low fixed-rate loans will be bracing for impact when they expire in the next year. It’s time to get prepared to manage the bill shock of coming off a fixed rate. Don’t panic but start planning Until recently, many Australian mortgage holders have only ever experienced…
Great outdoor areas can add tens of thousands to the value of your home, not to mention the added enjoyment of spending time in the garden with family and friends. Landscaping is also one of the few home improvements that can actually increase in value over time as plantings mature….
Congrats to our August Winner – Magie wins a $500 Coles Myer voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Magie, and…
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.50% to 1.85%. The increase follows a slightly better than expected annual inflation figure of 6.1 per cent in the June quarter and falling house prices in some eastern state cities. Balancing out these factors…
Congrats to our July Winner – Nicole wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Nicole, and she’s…
