Hold onto your hats, things are about to get a little bumpy. Economists from Australia’s biggest bank are predicting the Reserve Bank will raise the official cash rate as early as June – and we’re already seeing fixed interest rates increase significantly. Commonwealth Bank (CBA) economists have brought forward their forecasted Reserve Bank of Australia …
Fixed rates on the rise, as CommBank tips a June cash rate hike Read More »
What’s most important to you when selecting a lender to provide finance for your small business right now? Well, Australian small business owners have put ‘flexibility’ when it comes to loan repayments right up there on their priority list. And that should come as no surprise given the disruptive nature of the economy that most …
Flexibility emerges as a key priority for small business loans Read More »
Construction costs just rose at the fastest annual pace since 2005. So why is it getting so expensive to build your own home? Today we’ll look at the materials that are becoming more expensive and why all homeowners should take note – not just renovators and builders. “Your grandpa built this place with his own …
Why are houses becoming so much more expensive to build? Read More »
National property prices are predicted to rise by up to 9% in 2022, according to REA Group, but which cities are tipped to lead the way in price growth this year? Let’s take a look. National housing values grew a whopping 22.1% in 2021, and while things are expected to slow down throughout 2022, the fun …
Which cities are expected to have the biggest price growth in 2022? Read More »
Ever dreamed about telling your boss to “shove it” and starting up your own business? Well, there’s been a big jump in Millennials and Gen Zs who are saving up to do just that (well, maybe except for the “shove it” part!). There’s something romantic about the notion of starting your own business. You know, …
One in five young adults are saving to start their own business Read More »
With all the talk of record-breaking property growth throughout 2021, do you know how exactly your suburb and property type performed? Today we’ll show you how to find out in just a few clicks. You’ve probably heard all the talk of national housing values soaring in 2021 – by 22.1%, to be exact. But that …
How much do you need to borrow to buy a typical Australian home these days? Well, the average loan size has increased dramatically over the past year – up almost $100,000. The national average loan size for owner-occupier dwellings rose to an all-time high of $596,000 in November 2021, according to the latest Australian Bureau …
Borrowing soars: average loan up almost $100,000 in 12 months Read More »
Some of us buy cars for work, others for play. So it’s no surprise that the top two cars in 2021 can do both. But which vehicle took the crown? Well, it was super close, so let’s have a look. Ok, let’s cut straight to the chase. Taking out pole position in 2021 was the …
What was Australia’s top-selling vehicle in 2021? Read More »
Australian homeowners are loading up their offset accounts in record amounts, so much so that the average household is now almost four years ahead on their mortgage payments. Quick question: do you have an offset account (or several) attached to your mortgage? They’ve become quite popular in recent years, especially since the RBA’s official cash …
Homeowners nearly four years ahead on their mortgage repayments Read More »
Got your eye on a shiny new vehicle for your business thanks to the $150,000 instant asset write-off? We’ve got the answers to the FAQs many business owners are asking ahead of the looming EOFY deadline.
