RBA trims cash rate to new record low 0.10 percent
03/11/2020
If you didn't back a winner on Melbourne Cup Day then fret not: the Reserve Bank of Australia (RBA) has delivered mortgage holders a win by cutting the official cash rate by 15 basis points to a new r...
Housing affordability best it’s been in a decade: report
29/10/2020
Great news for homeowners and prospective buyers: housing affordability is at its best level in a decade and should continue to improve throughout 2021. Housing affordability improved in all...
Flow of credit to small businesses remains strong
26/10/2020
Small business owners in need of credit will be buoyed by new data that shows the approval rate for loans has remained strong throughout the coronavirus crisis. In fact, about 70% of SME...
Consumer sentiment is surging, confidence in the housing market is booming, and the number of experts tipping a Melbourne Cup Day cash rate cut is increasing. Let's look at why households and...
HomeBuilder sparks surge in home loans, new builds and renos
15/10/2020
Thousands of families across the country who had been thinking about a new build, or tackling an overdue renovation project, have rolled up their sleeves and committed to it, according to latest ABS...
The First Home Loan Deposit Scheme is back; bigger and better!
08/10/2020
The First Home Loan Deposit Scheme is back; bigger, better and more buyer-friendly than before. If you're a first home buyer who missed out on the first two rounds, then here's how to make it a case...
Responsible lending laws to be axed: what that means for you
01/10/2020
You might have recently heard that 'responsible lending laws' are set to be scrapped early next year. Rest assured though that you'll still be able to borrow responsibly. Let us explain...
JobKeeper 2.0 is about to begin: here’s what you need to know
28/09/2020
Like most sequels, JobKeeper 2.0 won't be as big a blockbuster as the original. But that's not to say it won't help many SMEs navigate the difficult times ahead. Today we'll cover what you need to...
House prices tipped to surge 15%, RBA hints at cash rate cut
24/09/2020
Strap yourself in: Australian house prices are tipped to experience a mild COVID-19 dip before surging 15% over the following two years, according to some of the nation's top economists. And...
Is now a good time to buy property? Two-thirds of investors say ‘yes’
17/09/2020
The majority of property investors are remaining upbeat despite COVID-19, with 67% believing now is a good time to invest in residential property, according to a new survey. The 2020 PIPA...
