Latest Articles
Latest News
8 tips for buying your first home
September 13, 2021Debt Advice & Mortgages
There’s a lot to get your head around as a first home buyer, and the upfront and ongoing costs are only part of it. Buying a home is one of the biggest purchases you might ever make, so it’s understandable that saving money for a deposit on a property isn’t likely to happen overnight. In...Read More
A personal loan lets you borrow money to pay for something special, like a holiday, car or home renovations. You have to repay it with interest over a fixed term, usually between one and seven years. Getting the best deal on a personal loan can save you thousands in interest and fees. Looking for a...Read More
Average dwelling prices in Australia’s capital cities rose by 2.3% in May, their eighth monthly gain in a row, although having settled somewhat since the 2.8% recorded in March. Capital city prices are now 7.8% higher than previous records set in September 2017. Prices in Sydney alone, hardly at bargain basement levels before COVID-19 began,...Read More
Property schemes
July 12, 2021Debt Advice & Mortgages, Financial Planning
A property scheme allows you to buy 'units' in an investment run by an investment manager. Understand how listed and unlisted property schemes work. Weigh up the risks and decide if it's the right investment for you. How property schemes work A property scheme is where you buy 'units' in an investment run by a...Read More
If you're thinking about selling your home and downsizing, consider the pros and cons. Check if selling your home affects your government benefits. Consider the costs and your needs before you downsize Take time to consider your needs. Make sure your new home suits your lifestyle, budget and level of independence. Some of the costs...Read More
Exit and early termination fees can put the brakes on plans to sell, to refinance, and to renovate or purchase an investment property. Here’s how to avoid them from the start. Fees charged for the early repayment of variable-rate loans were phased out by government reforms in 2011. However, fixed-rate loans may still carry these...Read More
In its first board meeting of 2021, the Reserve Bank of Australia (RBA) decided to keep the cash rate at a record low of 0.1%. Find out why rates are so low and what it may mean for you and your financial goals. Why does the RBA keep rates low? Lower interest rates and rate...Read More
So, you’re thinking of buying your first residential investment property? There are a few things to consider before making the move. Here are our top 10 tips for avoiding potential difficulties and ensuring success. 1. Know your goal Understanding your financial objectives is key to finding the right investment property. The actual property itself is...Read More
One in five Australians is hoping to purchase a property in the next 12 months, while one in three existing homeowners wants to refinance to get a better deal. Record-low interest rates and a shift in people’s mindsets, post the outbreak of the COVID-19 pandemic, are behind more Aussies looking to buy property, or refinance...Read More