RBA increases cash rate for second consecutive month, to 0.85percent
07/06/2022
The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan? Today's cash rate hike is the...
Banks tighten lending, reducing the maximum you can borrow
02/06/2022
Some of Australia's biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase? This week...
Bulk of SMEs preparing for growth over next 12 months: research
30/05/2022
Small businesses around the nation are once again confident about their future and ready to start driving toward their next phase of growth, according to new research. The research,...
ATO hit list: rental property income and capital gains
26/05/2022
Property investors beware: the Australian Taxation Office (ATO) has revealed the four key areas it will be targeting this tax year, and rental property income/deductions and capital gains are high on...
The two major parties’ first home buyer policies explained
19/05/2022
Housing affordability is one of the key battlegrounds ahead of the federal election this Saturday. So what is each of the two major parties proposing to help first home buyers crack the market? Let's...
Ready for lift-off: how to prepare a buffer for more rate rises
12/05/2022
Rate rises are a bit like taking off in a plane. Sure, it's a bit nervy, but so long as you've run through your pre-flight check, have a well-serviced aircraft, built-in some contingencies (a...
RBA increases cash rate to 0.35 percent amid high inflation concerns
03/05/2022
The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely...
SMEs invest in machinery, IT and energy-efficient assets for growth
02/05/2022
Australian small businesses are investing in their recovery through a surge in machinery purchases, IT and office technologies, and sustainable business assets, according to Commonwealth Bank (CBA)...
Brace yourselves: a May rate hike might be coming next week
28/04/2022
The chances of the Reserve Bank of Australia (RBA) lifting the official cash rate on Tuesday just increased dramatically after figures showed the cost of living jumped 5.1% over the past year - the...
Attention first home buyers! Price caps increase for 5 percent deposit scheme
22/04/2022
First home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for the highly popular Home Guarantee Scheme. Most capital cities...
