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Feb 27
Love0

Help after the fires

By Finance Help, News
Bushfires have devastated communities across Australia, but help is flooding in from business, government and individuals. Big banks and small lenders have been quick to step up with a raft of measures to ease the pressure on affected customers, from waiving fees and deferring repayments to fast-tracking low-interest rebuilding loans.…
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Feb 04
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RBA cash rate unchanged at 0.75%

By News
The first cash rate decision for 2020 has been announced by the RBA with the rate unchanged at 0.75%, as it assesses the economic threat posed by the bushfire crisis and the coronavirus outbreak. The Reserve Bank will have been encouraged by positive employment, inflation and house price figures and…
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Oct 15
Love0

Will a lower buffer boost your borrowing power?

By News
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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Oct 01
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RBA Cash Rate Decreased at 0.75%

By News, RBA Updates
For the 3rd time in five months the Reserve Bank of Australia has decided to reduce the official cash rate, this time to 0.75%, in a concentrated effort to boost the economy. In making the decision to lower rates again the RBA has strongly reinforced its focus on supporting employment…
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Sep 20
Love41

Is Spring really the season to sell?

By News
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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