Getting the itch to fix? Choosing the right time to lock in an interest rate can be tricky. In the past year interest rates on fixed-rate loans have plummeted to all-time lows, prompting many borrowers to ask whether it's time to lock in a rate. If you're thinking about it,…
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Despite dire predictions, the Australian property market is booming. How did it happen and where to from here. Feeling richer? The average Australian homeowner has an extra $60,000 equity in their pockets, thanks to a real estate boom no one saw coming. Between March 2020 and March 2021, the average…
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Congrats to our May Winner - Sarah 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 Sarah, and…
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The RBA held its monthly board meeting today and as expected, maintained the cash rate at 0.10%. As a sign the economy is growing at a healthy but controlled pace, the RBA is heavily focused on restoring inflation to within its 2-3% target range. The recently released March quarter consumer…
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As the world grapples with the unfolding COVID-19 situation, I wanted to let you know we are committed to helping our clients through what will likely be difficult and challenging times ahead.
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Now that Australia’s banking regulator has lowered the lenders’ borrowing buffer, more people should be able to borrow more funds to buy their new home. For the last few years Australia’s banking regulator, APRA, has required lenders to use a minimum 7 per cent interest rate when assessing a new…
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As everyone awakes from winter hibernation, many people’s thoughts turn to selling or buying a home in spring. It’s no surprise. The sun starts shining, the garden bounces back into life, flowers bloom, lawns look lush and green, and homes are once again filled with light and warmth. Chances are…
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This is a rodent you’ll be happy to have in your house! Laying or standing, let the resin Seletti Mouse Lamp shed light on quirky design at your place.
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Comprehensive Credit Reporting, or 'Positive Reporting' is here. And while the banks may not be happy about sharing their customers' information with other banks, borrowers like you stand to benefit a lot more.
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Talk to wealthy people and you will find most have one thing in common - they know how to manage their money. And that means having a budget. Boring, right? It might sound tedious, but the reality is you won't get ahead without spending less than you earn.
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