Finance News

Single parents will be able to purchase a property with a deposit of just 2%, under a new scheme to be announced in the Federal Budget.

In a move designed to encourage more retired Australians to bring forward the sale of the large family home, the minimum age for people to make downsizer contributions into superannuation will be reduced from 65 to 60.

The 2021-22 Budget introduced some new provisions which the government says should make it easier for people to boost their super funds, whether they are already retired or close to retirement.

The $450 per month threshold for employers to pay workers compulsory superannuation will be canned from July 2022. The potential importance of this change is highlighted by new Canstar research.

NAB is increasing its four- and five-year fixed rates for homeowners from today. Macquarie Bank's longer-term fixed rates are going up too, as part of a broader trend in home loan movements.

UBank is joining the lenders offering a saving on upfront costs, in a move it says could help buyers get on the property ladder seven months earlier. Canstar dives in to see how the offer stacks up for up-and-coming borrowers.

Parents with more than one child in childcare could be set to have out-of-pocket costs slashed in a proposed changes to childcare subsidies. Here's a few ways that saving could help the family household.

Home loan rates continue to move even though the cash rate is still on hold, with cuts and rises across the board and new record low rates made available in the past month. While mortgage interest rates remain low, it appears Australians are split on whether now is a good time to buy.

If you’ve agreed to buy a home but then a rival snatches it out from under you at the last minute, you’ve just learned the hard way about gazumping.

Selling houses on Instagram is increasingly common, but what are the advantages and disadvantages of this for Aussies in the property market?