Financial hardship arrangement reporting is about to change
30/06/2022
With interest rates on the way back up, there's no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to...
Want a first home buyer scheme spot? Here’s how to get the inside lane
23/06/2022
We're just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you're keen to snare a place in the scheme - and buy your first home sooner - here's how to get ahead...
No more Mr Nice Guy: the ATO wants its money
16/06/2022
Tax time is just around the corner and the ATO has sent out a warning to businesses around the country that owe it money: the COVID-19 moratorium on debt collection has come to an end. Rest assured th...
Refinancing numbers are surging across the country, here’s why
16/06/2022
Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here's why we're seeing refinancing numbers surge acro...
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...