Homeowners Australia wide have sighed a breath of relief this month, as the Reserve Bank did not raise interest rates. There has been an ongoing climb in interest rates, with 12 steady rate hikes since
16 May 2008 Many analysts have praised the new 2008 Rudd Government Budget for its spending cuts in an amiable move to stop the rising problem of inflation, however will it be enough? The aim
The Government must come clean about which Australian banks are in danger of collapsing, instead of using taxpayer money to prop them up behind the scenes. The Federal Government’s $62 billion Future Fund, comprised of
New figures suggest that there is a new trend emerging in the mortgage market; non romantic couples entering into a shared mortgage. It is becoming more and more common for people to enter into a
The new Budget signals a sigh of relief for Australian families struggling to meet costs, as Treasurer Swan discerned “This is a budget which tips the scale back in favour of Australian families”. The Government
More good news for the consumers of Australia as we move into the third month of the year! The Reserve Bank of Australia (RBA) met yesterday to discuss the interest rates in their monthly board
In the financial market today, competition among banks and lenders tends to run high to try and land clients. As the consumers are first pulled in by flashy mortgage offers and promises, once the initial
As the rain has ceased and the flood waters have begun receding, we as a country are starting to feel some of the affects from the flood crisis. At your local market you may have
The amount of people downsizing to smaller homes is adding even greater pressure to property prices as empty-nesters and households under financial stress compete with younger families and investors for homes in the popular middle-price
You may have heard a lot about the mortgage term ‘refinancing’. Used effectively, refinancning your home can be a great way to consolidate debt, release home equity and get a better interest rate.
With interest rates broadening between loan providers and some borrowers feeling frustrated with a lack of customer sympathy from their lender, now is the perfect time of year to decide whether you can work within
Refinancing is a term we hear more and more these days, but what does it actually mean? Below is refinancing explained Basically refinancing is where you take out a loan, in order to repay an
A debt consolidation loan may be the perfect solution for people suffering from financial stress. But why consolidate debt? This financial solution can get you out of your difficult financial situation and prevent serious situations
Refinancing refers to the process of paying off your current loan with a second loan. If the timing is right for you, refinancing can be a very beneficial exercise and may ultimately save you
Once known as being among the most adventurous and carefree of all investors, those born in and after 1980 have suddenly become more conservative than their baby boomer parents.
A recent study conducted on the rise of celebrity culture in Australia, reveals that almost 90% of young Aussie woman feel that they are expected to match the idealised images and designer wardrobes of the
A recent research project has revealed that two-thirds of Generation Y (16 to 29 year olds) expect their parents to help them out by paying their rent, assisting in purchasing a home, paying for their
Many people find it very difficult to save. Any money they get they seem to spend. If this sounds like you, fear not. Below are some helpful tips to kick start your savings habit.
Currently we are facing an economic downturn. In the final quarter of 2008 there were 1,991 debt agreements signed. According to ITSA this figure is up 37.12% on December 2007.
