August 7, 2019

The Reserve Bank of Australia (RBA) has made its August cash rate announcement, following two consecutive cuts in the preceding months that totalled fifty basis points.

The central bank today held the rate at its record low of 1.0%.

The decision was “widely expected,” ac...

July 30, 2019

Interest rates for property investors are beginning to exhibit downward movement, potentially saving investors an average of $22,570 over the life of a 30-year loan.

According to financial comparison site Mozo, average investor P&I rates have dropped 35 basis points (bp...

July 2, 2019

The central bank has lowered the official cash rate for the second consecutive month, with attention now turning to the response from Australia’s mortgage market.  

The Reserve Bank of Australia (RBA) has cut the official cash rate to a new record low of 1 per cent, in...

July 1, 2019

Sydney and Melbourne markets have reported a monthly home value increase for the first time since prices peaked in 2017, according to new data from CoreLogic.

CoreLogic’s latest Hedonic Home Value Index has revealed that in June, dwelling values increased in both Sydney...

A number of changes have already been made to financial services laws and regulations, and various public consultation processes have commenced, following the release of the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financi...

June 27, 2019

On Monday 1 July 2019, we’re extending the $2,000 Refinance Cashback offer for applications received by 30 September 2019 and settled by 30 November 2019.

The $1,000 Purchase Cashback will end on Sunday 30 June 2019.

Please note: There are no changes to the exis...

June 24, 2019

The Buy Now Pay Later sector is winning-over the youth demographic with the promise of instant gratification, but leading mortgage brokers are warning that with every sugar-high comes the risk of a corresponding low.

‘Buy Now Pay Later’ providers such as AfterPay and Zi...

June 4, 2019

The Reserve Bank of Australia (RBA) has just set the record for its all-time lowest cash rate. 

The RBA announced a 25 basis point cut to 1.25%, making official the speculation that the first rate alteration since August 2016 was the inevitable outcome of today’s meetin...

May 7, 2019

While economists have been divided on whether a cash rate cut was to be expected this afternoon, the odds for an alteration ahead of today's meeting were the highest they've been since the rate last moved in August 2016. 

However, the Reserve Bank of Australia (RBA) has...

April 3, 2019

How will the budget impact you?

Young people

  • $200.2 million over four years to support up to 80,000 new apprenticeships in industries with skills shortages

  • $132.4 million over four years to further improve the quality of the Vocational Education and Training (VE...

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