News
4 in 5 hopeful buyers don’t understand key financial concepts
While most Australians dream of owning their own home, the majority of hopeful homeowners admit they don’t fully understand how home loans or mortgage rates work. That’s why we make it our mission to enlighten you during your home buying journey.
Want to switch home loans? Here are ASIC’s top tips for refinancing
With interest rates at record low levels, we’ve seen a big increase in homeowners wanting to refinance this year. So this week we’ll look at some of ASIC’s top tips for refinancing, plus some of our own for good measure.
Is it cheaper to buy or rent your next home? You might be surprised
While it might feel like property prices are skyrocketing out of reach, the majority of Australian homes are actually cheaper to buy than rent over the next decade, according to a new report.
COVID-19 repayment amnesty over: how to avoid a bad credit rating
The COVID-19 loan deferral program and credit reporting amnesty is now over, which means banks will report any late repayments on mortgage or small business loans to credit agencies unless you’ve entered into a hardship arrangement.
Do you have a succession plan in place for your business?
Who would take the reins of your family business if you had to take a step back from it? Turns out just one-in-six businesses have a proper plan in place. But rest assured you can develop your own succession plan fairly painlessly, with...
7 ways to make your property more attractive to potential buyers
Did you know more than a third of Australian homeowners are considering putting their property up for sale so they can take advantage of the current boom in prices? Here’s how to get your property looking spick and span for prospective...
Still haven’t found what you’re looking for? Listings to pick up soon
While you were kicking your feet up over the festive season, did you flick open your phone and scroll through real estate listings in your dream location? If so, you might’ve noticed there were fewer properties listed for sale than usual....
New year, new you: 3 quick and easy finance resolutions
Whenever we think of New Year’s resolutions, the first thing that comes to mind is a health kick. But here are three (easy) New Year’s resolutions that’ll help improve your financial wellbeing in 2021. Below we’ll run you through three...
Freedom to move: stamp duty reforms gain momentum
Stamp duty: two of the most dreaded words in the world of property and finance. Fortunately, NSW and Victoria have unveiled some big changes to the inefficient tax this week, and there’s hope it’ll inspire other states to review their own...
How well do you know your finance jargon? Take our quiz!
The finance industry has a bunch of acronyms and abbreviations that can make the home buying process a little confusing. But they’re not as difficult to understand as you might think. Take our short quiz to see how many you can answer!...
Australia is building the biggest houses in the world once again
We dream big in Australia. So it’s little surprise that when the Great Australian Dream becomes a reality it means bigger houses than anywhere else in the world, according to a new report. In 2019/20, the average new house built measured...
Switch lenders if rate cut is not passed on: RBA
Mortgage holders and business operators are being encouraged by the RBA to switch lenders if their bank doesn’t pass on the latest cash rate cut. The Reserve Bank of Australia (RBA) delivered mortgage holders and business operators a...
Housing affordability best it’s been in a decade: report
Great news for homeowners and prospective buyers: housing affordability is at its best level in a decade and should continue to improve throughout 2021. Housing affordability improved in all major Australian cities over the year to...
Flow of credit to small businesses remains strong
Small business owners in need of credit will be buoyed by new data that shows the approval rate for loans has remained strong throughout the coronavirus crisis. In fact, about 70% of SME business loan applications received by lenders have...
Responsible lending laws to be axed what that means for you
You might have recently heard that ‘responsible lending laws’ are set to be scrapped early next year. Rest assured though that you’ll still be able to borrow responsibly. Let us explain how. The planned scrapping of the responsible...