Finance News - June 29th How to lay-by your next holiday It’s possible to lay-by a holiday, which can make the cost more manageable. We take a look at the pros and cons plus what to consider.
Finance News - June 26th It's a rate race to home loans starting with a '1': Freedom Lend cuts to record low Online lenders are continuing to battle it out for the lowest variable home loan rate on the market, with the latest cut leaving owner-occupiers with an option just 0.18 percentage points from sub-2% home loan territory....
Coronavirus - June 23rd The long-term cost of taking $20,000 out of your super fund If you have lost your job or are running out of money because of coronavirus then accessing your super early may be tempting but it’s important to understand the potential risks.
Coronavirus - June 23rd Coronavirus: What happens if I suddenly lose my job? What are your options if you suddenly lose your job but aren’t entitled to redundancy? COVID-19 has resulted in hundreds of thousands of job losses. The latest figures from the Australian Bureau of Statistics (ABS) reveal...
Finance News - June 19th Reduce Home Loans offers new record-low variable rate The mantle for the lowest variable rate home loan on Canstar's database now belongs to a non-bank lender. On Tuesday, Reduce Home Loans introduced its new Owner Occupied Super Saver Variable loan, with a record low...
Finance News - June 19th ING to raise fixed home loan interest rates in 'surprise' move ING no longer leads the race in offering some of the lowest and equal-lowest fixed rate home loans on Canstar's database, with the lender increasing its fixed rates today. ING has raised all of its fixed...
Finance News - June 5th UPDATED: The lenders offering home loan cashback incentives in June 2020 Competition between home loan lenders is heating up, with many now offering new or expanded home loan cashback deals in an effort to attract new business during the coronavirus pandemic. Source: MultifacetedGirl (Shutterstock) Virgin Money recently...
Finance News - June 2nd RBA holds cash rate for June: What are the top interest rates for Australian consumers? The Reserve Bank of Australia (RBA) has announced it will leave the official cash rate at a record low of 0.25% for June. So, what does this mean when it comes to interest rates for borrowers...
Finance News - June 1st HSBC sweetens the deal for fixed rate borrowers ahead of cash rate call HSBC has reduced some of its home loan rates on the eve of the Reserve Bank cash rate announcement. It now joins one other lender in offering the lowest two-year fixed home loan on our database....
Finance News - June 1st The Financial Tips No One Ever Told You, As Shared By A Financial Expert Written in the gentle tone of a caring grandparent, financial advisor John D. Spooner’s book ‘No one Ever Told Us That: Money and Life Letters to My Grandchildren’ presents a collection of money and life letters written...
Coronavirus - May 29th Finance hacks: Spending smarter & managing credit card debt during coronavirus The impacts of the coronavirus crisis have extended to Australians' hip pockets, impacting spending habits in many households. If spending smarter is on your mind, here are a few ways to free up cash flow and...
Coronavirus - May 26th Value of super takes a hit, but younger Australians could ride out the COVID-19 storm The significant downturn in global financial markets in reaction to the coronavirus pandemic is to blame for a $227 billion loss from the super sector, new data shows. A finance expert says younger superannuation holders have...
Coronavirus - May 25th More than $10 billion withdrawn early: Why it's important to be familiar with your super As a growing number of Australians rely on the early release of their retirement savings to stay afloat, new research highlights the importance of getting to know your super balance and investment option. The Australian Prudential...
Finance News - May 22nd Abolish stamp duty, pay new home buyers $50,000: Property Council's plan to save construction industry jobs Buyers of newly built homes in Australia could be given a $50,000 government grant and a reprieve from paying stamp duty if a proposal by the property industry's peak body is adopted. The plan, which is...
Coronavirus - May 19th Australians accessing average of $7.5K from their super: How can you make up the shortfall? New data shows more than 1.3 million Australians financially impacted by COVID-19 have applied to access their super early, taking out an average of $7,546 from their nestegg. How could they recover the shortfall?
Finance News - May 19th Reduce Home Loans does it again: New lowest variable rate loan Reduce Home Loans just beat itself to offer the lowest variable home loan on Canstar's database after slashing its rates even further, but it no longer holds first place for the lowest fixed rate loans. Non-bank...
Coronavirus - May 5th COVID-19 crisis, two months in: What's the state of finances, property and our mood? Two months after the first recorded death in Australia from COVID-19, the country is keenly feeling the economic fallout of the crisis, new statistics show. Here's what's happening to household finances, the property market and the...
Coronavirus - May 1st Coronavirus: How hard is it really to get a home loan now? Thinking about applying for a new loan or refinancing during COVID-19? It can help to know what lenders are looking for. Two insiders reveal the red flags that lenders may consider when assessing your application. If...
Finance News - April 30th Vulnerable bank customers issued debit cards: Your guide to setting up a new debit card A number of elderly Australians and people who would typically rely on cash are about to receive a debit card from their bank, but many of them may be unfamiliar with how to set one up...
Finance News - April 28th ACCC report: Savvy borrowers could be $59,000 ahead of passive home owners A report investigating home loan pricing at the big four banks has highlighted the importance for existing customers to take the reins and find a better home loan rate, or risk paying a "lethargy tax" of...