Indulgences such as caviar, wagyu beef and the finest bottles of wine shouldn’t count against you when lenders assess your application for finance, a Federal Court judge has said.
Ok, so maybe Federal Court Justice Nye Perram has a slightly … Read more
One in 10 consumers have switched credit products in the past year, according to new research, with Millennials and women in particular pouncing on offers from small banks, credit unions and building societies.
The financial landscape is shifting.
Over the … Read more
Businesses that put off paying large tax bills for too long may soon find that the Australian Taxation Office (ATO) has notified credit reporting bureaus.
The proposal is part of The Treasury Laws Amendment (2019 Tax Integrity and Other Measures … Read more
Good news for mortgage holders this week, with the RBA saying “it’s reasonable to expect an extended period of low interest rates”.
Figures released on Wednesday show that core inflation, the RBA’s preferred measure, is currently at 1.4%.
However, Reserve … Read more
Scams involving identity theft have cost Australians at least $16 million this year, and that figure is likely to be just the “tip of the iceberg”, says the Australian Competition and Consumer Commission (ACCC).
Worryingly, four in every 10 Scamwatch … Read more
One of the most annoying myths for young homebuyers has to be the smashed avo breaky one. You know – to buy a property you have to forego delicious weekend breakfasts. Well, here are three easy recipes that prove otherwise.… Read more
Reckon you could scrounge together an extra $50 each week to pay off your mortgage? If so, latest modelling shows the average household with a $400,000 loan could save $46,992 and pay off their home loan four years faster.
This … Read more
Great news for home buyers – housing affordability is the best it’s been since 1999, according to new data released by the nation’s peak housing and building body.
That’s right – housing affordability is comparable to the days when the … Read more
Whenever the Reserve Bank of Australia (RBA) changes the official cash rate we all hear about how it will impact home loans. But it affects many other areas of finance and the economy, which we’ll look into today.
The RBA … Read more
Backyard cricket pitch not getting much of a workout these days? Sick of your weekends being taken up with mowing and gardening? Installing a granny flat could be a lucrative solution – boosting the value of your home by 30% … Read more