Insight Property Finance

Renovate or invest? How 7-in-10 Aussies are using their equity

July 21, 2022

Seven in 10 homeowners have recently used the equity in their home to renovate, invest in property or shares, or boost their superannuation. Have you thought about how you could take advantage of last year’s property price spike?

Single and under 30? You’re a great fit for the 5% deposit scheme

July 14, 2022

Single Australians under 30 snare the lion’s share of spots in the federal government’s 5% deposit first home buyer scheme, according to new data. Here’s how to secure one of the highly coveted 35,000 scheme spots released on July 1.

The tax on luxury cars just got a little cheaper

July 14, 2022

Got your eye on a luxury car that’ll make your mates jealous? Or perhaps something that’s a little more fuel-efficient and environmentally friendly? Today we’ll run you through a new tax change that could help you buy something a little more la-de-da.

RBA lifts cash rate for the third month in a row to 1.35%

July 5, 2022

The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. How much will this third consecutive hike increase your monthly mortgage repayments?

Financial hardship arrangement reporting is about to change

June 30, 2022

With interest rates on the way back up, there’s no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to recording financial hardship arrangements.

Want a first home buyer scheme spot? Here’s how to get the inside lane

June 23, 2022

We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you’re keen to snare a place in the scheme - and buy your first home sooner - here’s how to get ahead of the pack.

No more Mr Nice Guy: the ATO wants its money

June 16, 2022

Tax time is just around the corner and the ATO has sent out a warning to businesses around the country that owe it money: the COVID-19 moratorium on debt collection has come to an end. Rest assured though, you’ve got some options.

Refinancing numbers are surging across the country, here’s why

June 16, 2022

Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here’s why we’re seeing refinancing numbers surge across the country.

RBA increases cash rate for second consecutive month, to 0.85%

June 7, 2022

The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan?

Banks tighten lending, reducing the maximum you can borrow

June 2, 2022

Some of Australia’s biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase?