Latest Articles
Latest News
Save for a house deposit
September 16, 2024Debt Advice & Mortgages
Buying a house is exciting and life changing. It all starts with saving for the deposit. Find out how much you’ll need to save and get tips to help you save faster. 1. Find out how much you need for a house deposit Before you start building a deposit, work out how much you can...Read More
Investment Property: Getting it right
September 9, 2024Debt Advice & Mortgages
With property remaining a high-priced asset, it’s more important than ever for investors to ensure their property investments are a financial success. The latest data demonstrates property’s popularity. One-in-five households (21%) owns a home in addition to their usual residence.i Maximising taxation benefits is one key element but the ATO recently found 9 out of...Read More
Thinking of refinancing? Here’s how
August 26, 2024Debt Advice & Mortgages
This step-by-step guide shows you how to navigate the process of refinancing your home loan. With interest rates increasing materially in the past few years, refinancing your home loan to a lower interest rate with another lender is one way to reduce mortgage stress and cope in the current environment. So to get you started,...Read More
Joint accounts
July 22, 2024Debt Advice & Mortgages
A joint account is a bank account that more than one person can access. It can make it easier to manage shared expenses, but also comes with the risk of sharing access to your money. A joint account can be any kind of bank account: savings, transaction or term deposit. The type you choose depends...Read More
Personal loans vs credit cards Upcoming travel, car upgrade, Christmas festivities or home renovations on the horizon? If you need access to money to cover costs like these, you might be considering a personal loan or credit card. Choosing between the two can be tricky. We’ll explain the differences and why one may be a...Read More
Investors making a comeback
April 15, 2024Debt Advice & Mortgages
During the past couple of years property investors have been less active as interest rate rises began eating into their profits. However, as 2024 begins, it’s clear more investors are returning to the real estate market. According to the ABS lending indicators report for October, new loan commitments for investors increased by 5% in one...Read More
When getting ready to buy property, there are many things to keep track of as settlement approaches. An important consideration is what you will need in terms of insurance – admittedly not the most exciting part of buying a new home, but one which can save you money and stress in the future. Why lenders...Read More
The Bank of Mum and Dad
February 19, 2024Debt Advice & Mortgages
Entering the real estate market has become increasingly tough in recent years. The median price for a house in Adelaide was $410,000 in 2013 and $740,000 as at Dec 2023.1 Housing affordability has been further eroded by rising interest rates. Becoming a first homeowner in Australia in 2024 is very difficult. More than 60% of first...Read More
Switching home loans
January 29, 2024Debt Advice & Mortgages
Refinancing your home loan to take advantage of a lower interest rate might save you money. Before you switch, make sure the benefits outweigh the costs. Before you decide to switch If you're thinking about switching home loans, you're probably focused on getting a better interest rate. But there are other things to consider before...Read More
The upfront costs of buying a home
January 22, 2024Debt Advice & Mortgages
When saving for your first (or next) home, it’s common to focus on building up the deposit and servicing your upcoming home loan. However, there are other upfront costs when buying a home that you should be aware of from the get-go. With it being particularly challenging these days to get your foot onto the...Read More