Finance and Mortgage Blogs
Will the new child care package put a strain on your mortgage repayments?
Australian parents are charged some of the highest fees in the world for child care. In fact, for the average Aussie family that needs child care, almost one-sixth of their income goes towards it. So, what exactly is changing? The most significant change in...
Don’t get tripped up by these scams
They say a fool and their money are easily parted. But with how sophisticated scams are becoming nowadays, it’s no longer just fools who are being duped. Here’s how to spot a scam in the digital day and age. Australians lost $91 million to scammers last year alone....
Govt moves to free-up lending for SMEs
SMEs are set to have better access to finance, with the Australian government making two key moves this month to free-up lending to small business operators. Firstly, Treasurer Josh Frydenberg says he will instruct the corporate watchdog ASIC to tell banks to waive...
Predatory payday lenders debt-trapping vulnerable Aussies: report
Predatory payday lenders are profiting from vulnerable Australians and trapping them in spiralling debt, according to a collaborative report by 20 consumer advocacy bodies. The report, The Debt Trap: How payday lending is costing Australians, projects that by the end...
New code to protect Aussies buying solar panels
Ever thought about investing in solar panels for your home? If so, you’ll know it’s a big decision and there’s a lot to wrap your head around. Fortunately, the consumer watchdog is proposing a new retailer code to make solar purchases safer and easier. Australia is...
6 tips to prepare your property for valuation
Looking to refinance your home loan? A valuation is a vital part of the process. So today we’ll look at some ways you can help get your home in tip-top shape. When you refinance to try and get a better deal on your home loan, the lender you’re applying with will...
Caps for new first home buyer scheme revealed
The property price caps in each state have been revealed for the federal government’s new first home buyer scheme. Read on to find out the maximum value of a property you can purchase under the scheme. Imagine buying your first home with a 5% deposit and not having to...
Is it easy if needed to change lenders through an application
//WHY CHANGE BANKS THROUGH AN APPLICATION?// This situation is not common but what happens when you need to change banks through the application process? ???????????? ???????? Let's start with WHY, well if you have watched the video on the Home Loan Love triangle...
31 ways the Super system could be overhauled
The Productivity Commission has released a major report into Australia’s superannuation system, and in it identified 31 recommendations for overhauling the system. Here’s what you need to know. Now, there’s no guarantee that all – or any, for that matter – of...
Time’s ticking: ATO to report overdue tax debts to credit agencies
Businesses that put off paying large tax bills for too long may soon find that the Australian Taxation Office (ATO) has notified credit reporting bureaus. The proposal is part of The Treasury Laws Amendment (2019 Tax Integrity and Other Measures No.1) Bill, which was...
