Lending & Finance Archive
Lending & Finance
The money people owe, in comparison to the money they earn has almost tripled in Australia over the last two decades, with average household debt currently sitting at around $245,000[1].
Lending & Finance
Wondering how to pay off your home loan sooner? We look at some things you could do. Australian home loan interest rates remain at historic lows, and the opportunities for paying off a mortgage early are better than ever.
Lending & Finance
Earlier this afternoon the RBA reduced the cash rate to a new all-time historical low of 1.50 per cent.
Lending & Finance
The amount you can borrow and the amount you should borrow are sometimes two very different things. Before you apply for a home loan, it makes sense to realistically assess your financial situation. Here’s how to do it.
Lending & Finance
The home loan market is constantly changing, with new and attractive deals coming up all the time. Refinancing can help you secure a more competitive interest rate, access the equity in your home, add features (such as an offset account) or consolidate your debts, but there are some important questions to consider before you get the ball rolling.
Lending & Finance
The RBA Board met earlier today and announced there would be a cut to the cash rate by 25 basis points – a new cash rate 1.75%
Lending & Finance
Whatever your reasons, understanding your budget is key to living a comfortable life. Whether you're saving for something in particular, getting out of debt or just trying to stop spending so much money on food, noting your daily spend can definitely help resolve any issues. Here are five apps that can help you stay on top of your budget.
Lending & Finance
The RBA Board earlier today announced there would be no change to the cash rate which remains at 2.0 per cent.
Lending & Finance
The RBA Board announced their decision to leave the cash rate unchanged at historical lows of 2.0% this afternoon.
Lending & Finance
RBA Governor Glenn Stevens media release on 6 October 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.
The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth....
Lending & Finance
Over the past week there have been some bold moves by the major 4 and second tier banks to curtail their investment loan book growth to 10% p.a.. This is in line with APRAs guidelines and recommendations issued back in December 2014 (refer attached) and in addition to the regulator increasing capital adequacy requirements for residential mortgage exposures. After some mild reaction in recent months, there has been some drastic changes over the past week including;- ....
