Are you cutting back on Christmas festivities this year? You’re not the only one. As Aussies grapple with rocketing interest rates, they’re choosing between a Christmas feast and paying the mortgage or rent. St Vincent De Paul says that 761,000 children and their families are struggling to pay essential bills and put food on the …
More Aussies seek financial help during the holiday season Read More »
In the past, credit cards were used for frequent flyers or emergency spenders. Now, the everyday Aussie is using it for survival. Finder.com found that 15 per cent of Aussies have signed up for a credit card in the last twelve months alone. And guess how much we have spent using this paperless currency? $34.7 …
Aussies need a way out. Are credit cards the answer? Read More »
Want to earn yourself a BIG voucher in the lead up to Christmas & support those doing it tougher than you? Read on. Picture this. You’re at Thanksgiving dinner this weekend (yep a thing in Australia too), and your friends start talking about the cost of living and the cost of home ownership …
Share the love. Score a voucher. Help vulnerable kids. Read More »
Yesterday the RBA continued to hike up rates, resulting in the highest interest rates in years. We are seeing home owners pouring out money they don’t have. Hear Lee’s take on the situation, plus an update on how migration is affecting employment and housing costs. And, we get real about creating buffers if you have …
Are you feeling the pinch of rising interest rates? If you’re one of the smart ones you’d be considering restructuring now, before the banks put their rates up in the next couple of weeks and potentially make it tougher to get a refinance done at all. By restructuring you are not only looking into the current interest rates …
7 Reasons to Review Your Current Home Loan Structure Read More »
In breaking news that shocks no one, Aussies are saving less money than they were two years ago. We won’t bore you with the statistics, but trust us when we say – it’s fallen by a lot. Like people are only putting away approximately 3 per cent of their salary these days. Why are we …
What does a bank look for when they assess a potential loan? They ask three questions: 1. Can you pay? 2. Will you pay? and 3. What happens if you don’t pay? https://vimeo.com/877580254 Do you have questions about a home loan? Let’s talk! Book in a free 15 minute consultation here and let’s make it …
As a season of fixed rates ends, lots of Aussies are scrambling to make ends meet. And that means one thing: people are refinancing. With a slew of people comparing lenders to get the best rate possible, Aussies did $20.60 billion in refinancing this August. For comparison, that’s 12.4% higher than August 2022. So basically, …
The great Australian dream of owning your own home feels a little far-fetched right now. But it doesn’t have to be. Because the federal government’s Home Guarantee Scheme (HGS) means first home buyers (and even those who haven’t owned a property in 10 years), might only need a 5 per cent deposit to purchase their …
