If you’re trying to buy your first home, you’re probably already aware of how difficult it can be to save for a deposit. For many, getting to that magic number can feel like it’s always just out of reach. You’ve heard about the First Home Super Scheme (FHSS) and the…
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The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. August 2024 data shows unemployment rates steady at 4.2% but this is up from a low of 3.5% in mid-2022. The US Federal Reserve reduced its interest rates by 0.50%…
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Congrats to our September Winner — Warren 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 Warren, and they’ve…
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As spring approaches, the Australian property market is showing signs of renewal, with increased activity and optimism among buyers and sellers. For many first home buyers in Rockhampton, however, the market remains challenging. With rising property prices and steady interest rates, understanding current property trends can provide a strategic advantage,…
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Do you have some small, overlooked patches of earth at your place that you think are good for nothing? Check out our chat with clever gardeners Kat and Kushla, who prove that even 50cm strips of unused space can produce delicious edible bounty. We take the microscope to property prices…
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Congrats to our August Winner — Susan 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 Susan, and…
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Rising property prices and fluctuating interest rates make the mortgage market challenging for buyers. As a prospective homeowner, understanding recent trends and knowing your options for refinancing home loans can save you significant amounts of money. Current Lending Indicators In August 2024, home loan commitments increased, driven by both owner-occupiers…
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The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today's meeting. With the June 2024 quarter Consumer Price Index (CPI) coming in slightly lower than some expected at 3.8% and monthly unemployment rising to 4.1% in June 2024, this decision reflects…
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Congrats to our July Winner — Matthew 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 Matthew, and they’ve…
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Rising property prices and the difficulty of saving for a substantial 20% deposit often make homeownership seem out of the reach of first home buyers. The Australian Home Guarantee Scheme (HGS) aims to address these issues, providing much-needed support. With recent updates Form 1 July 2024-30 June 2025, now is…
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