Finance News - October 12th Victorian Homebuyer Fund to help residents buy a home with a low deposit There's new funding in Victoria that will help more than 3,000 aspiring homeowners buy a house that would be part-owned by the government. You just need to have a deposit of between 3.5-5% and meet the eligibilty criteria.
Finance News - October 6th APRA tightens home loan lending rules, as Aussies take on more debt The Australian Prudential Regulation Authority (APRA) has tightened rules around home loan lending as Aussie house prices continue to boom.
Finance News - October 5th RBA cash rate steady, but all eyes on potential house price boom once restrictions ease The Reserve Bank has not been swayed into increasing the official cash rate to take heat out of the property market today, as speculation mounts the market could boom even more once vaccination targets are met and the country reopens.
Finance News - September 17th ING makes home loans cheaper for interest-only borrowers ING made significant cuts to home loans for new borrowers who will only pay off the interest on a loan for the first few years, not the principal as well. The move to attract these borrowers is a little surprising, according to this finance expert.
Finance News - September 7th Record-low cash rate and mortgage rates, but existing customers pay a penalty The cheapest mortgage rates are reserved for new customers, meaning existing customers pay a penalty for their loyalty unless they shop around, Canstar analysis shows.
Buy Now Pay Later Services - September 7th Suncorp Bank teams up with Visa to offer buy now pay later service Suncorp has announced that it will launch a new buy now pay later card with Visa, arriving on the Australian market in November 2021.
Finance News - September 2nd Virgin Money boosts savings interest rate to 1.50%, highest on Canstar's database Virgin Money has added an introductory offer to its savings account for three months, taking its interest rate to the highest on Canstar's database without an age limit, available for a limited time.
Finance News - September 1st Double-dip recession could see another 150,000 homes sucked into mortgage stress We reveal the type of homeowners most likely to be impacted if a double-dip recession occurs within the next year and what households can do to protect themselves.
Finance News - August 25th ING cashback offer to pay customers for paying their electricity, gas and water bills ING will pay customers for paying their gas, water and electricity bills with a new cashback offer launching in December. Canstar worked out how much you'd need to save to earn the same cash back in interest payments.
Finance News - August 24th Westpac introduces cheaper variable rate for a limited time, and hikes fixed rates Westpac is offering a cheaper introductory rate on one of its variable rate loans to new customers for a limited time, and is also increasing some fixed rate mortgages.
Buy Now Pay Later Services - August 18th What is CommBank StepPay and how does it compare to other options? CommBank is launching its own buy now pay later service in 2021 for eligible customers to split payments over six weeks. Here's an overview.
Finance News - August 18th Research reveals the Aussies best equipped to live off savings in lockdown: How do you compare? The average amount people are saving each month has gone up this past year. But nearly a quarter of Australians would struggle for even one month if they lost their jobs and had to live off their savings.
Finance News - August 16th House hunting tips: 19 property research moves to make before you buy Canstar’s Digital Editor Amanda Horswill reveals the extreme house hunting searches she does as a property buyer before even setting foot inside a home for sale.
Finance News - August 10th Fixed home loan moves: CommBank hikes and Westpac now the cheapest Commonwealth Bank is hiking two and four-year fixed home loan interest rates, continuing the trend of rising rates for borrowers who choose to lock in.
Finance News - August 9th Paid vaccine leave could help Aussies get the jab, so who’s offering it? Some companies are offering paid time off for employees to get vaccinated against COVID. We look at what support may be available.
Buy Now Pay Later Services - August 5th What is Spot by Citi, and how does it compare? Citi will launch a buy now pay later platform in Australia this October. Canstar compares how the interest free service will stack up against major players like Afterpay and Paypal.
Finance News - August 4th How to earn money with your LEGO collection - that’s awesome! If you're a fan of LEGO there are ways you can use your brick-building collection to help fund your hobby, and maybe even earn a little extra on the side.
Finance News - August 3rd The magic number your mortgage repayment needs to be at if the RBA raises the cash rate Even though the official cash rate hasn't moved this month, new research highlights how being prepared now could give you guaranteed home loan repayment protection when interest rates eventually rise.
Finance News - August 2nd Afterpay to be sold to Square: What will it mean for Afterpay shareholders? Afterpay is set to be bought by payments giant Square. Canstar reveals the pros and cons for Afterpay shareholders.
Finance News - August 2nd Chris Hemsworth is tipped to sell his palatial Byron pad - how much would it cost you to live there? Chris Hemsworth is rumoured to be selling his Byron house, so we crunched the numbers on how much it could cost to live there.