Up to 4,600 first home buyer guarantees back up for grabs
Want to buy your first home with a deposit of just 5% and pay no lenders’ mortgage insurance? You could be in luck – the federal government will soon reissue up to 4,651 unused Home Guarantee Scheme spots. First home buyers who use the Home Guarantee Scheme fast track their property purchase by 4 to 4.5 […]
How many SMEs find it difficult to repay business loans?
Ever thought about taking out a loan for your business but hesitated because you were worried about meeting your repayments? Don’t worry, it’s a common concern. But some promising data has just come out that might help you put those fears aside. You gotta spend money to make money, so the saying goes. But what […]
Don’t drown in Buy Now Pay Later debt this Christmas
Christmas is fast approaching and there’s a good chance you’ve started turning your attention to gifts for family and friends. But be careful this silly season: more than half of Buy Now Pay Later (BNPL) customers are struggling to pay day-to-day living expenses. Christmas and overindulging: name a more iconic duo. But one temptation to […]
FOMO factor: more Aussies looking to buy with mates or siblings
Ever thought about buying a property with a friend or family member? You’re not the only one. The rising cost of property and FOMO has led to more than a quarter of Australians considering buying a property with a ‘non-traditional’ partner. Most of us long for a place to call our own. But what do […]
Are your cashflow needs in order ahead of the summer trading season?
The summer trading season poses a raft of tricky cashflow and stocking challenges for retailers at the best of times, let alone following a global pandemic slowdown. But if done well it can set your business up nicely for the good times ahead. Ahh summer, how we’ve longed for you – especially this year as […]
How well has your salary kept up with house prices?
You’ve probably noticed that house prices in Australia consistently outstrip growth in wages. But by how much? And what can you do to make sure you’re not forever chasing the great Australian dream? Each generation faces its own unique set of challenges (and opportunities!). And for the current crop, one big challenge can be breaking […]
Think property prices will dip when rates rise? Don’t bet the house on it
Whether you’re looking to buy, sell or hold, there’s a good chance you’ve wondered whether the property market will tumble when interest rates rise, right? Today we’ll look at what happened to house prices when interest rates were hiked in the past. Past performance does not predict future results – we’ve all heard that before. […]
How to protect your business and your customers from scams
When you pay a supplier or service provider, are you certain you’re paying the right account? You’ve got to be super careful these days, as scammers are compromising inboxes and requesting payments to a new account. Here’s how to protect your business and its customers. It’s Scams Awareness Week 2021, and over the past year […]
Open banking is ramping up, so how are lenders using your data?
Open banking is here and it’s charging full steam ahead. So just how are lenders and fintechs using your shared data in this brave, new, data-fuelled world? A new report has shed some interesting insights. With all that’s gone on over the past two years, one of the nation’s biggest banking overhauls in recent memory […]
Wheels in motion: RBA paves the way for early cash rate rise
Mortgage holders are facing a sooner-than-expected cash rate rise after the Reserve Bank of Australia (RBA) revised its outlook due to the economy bouncing back strongly from the Delta outbreak. So just how soon can we expect a rate rise? As widely predicted, the RBA on Tuesday kept the official cash rate at the record […]