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Ready for lift-off: how to prepare a buffer for more rate rises

Rate rises are a bit like taking off in a plane. Sure, it’s a bit nervy, but so long as you’ve run through your pre-flight check, have a well-serviced aircraft, built-in some contingencies (a buffer!), and have a handy co-pilot (us!), you should reach your destination no worries. As you’re likely aware, earlier this month […]

RBA increases cash rate to 0.35% amid high inflation concerns

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow. This is the first RBA cash rate hike since November 2010, and the first time the cash rate has moved since it was […]

SMEs invest in machinery, IT and energy-efficient assets for growth

Australian small businesses are investing in their recovery through a surge in machinery purchases, IT and office technologies, and sustainable business assets, according to Commonwealth Bank (CBA) data. The CBA research shows small business financing for equipment and machinery is up 17% so far this financial year compared to last year. The research also shows 67% of […]

Brace yourselves: a May rate hike might be coming next week

The chances of the Reserve Bank of Australia (RBA) lifting the official cash rate on Tuesday just increased dramatically after figures showed the cost of living jumped 5.1% over the past year – the highest annual increase in more than 20 years. Economists around the country say the unexpectedly high jump in inflation means a […]

Attention first home buyers! Price caps increase for 5% deposit scheme

First home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for the highly popular Home Guarantee Scheme. Most capital cities will get a $100,000 boost to their property price cap from July 1, while regional areas around the country will get a […]

How to avoid becoming a victim of underquoting

It’s the hope that kills you. Just ask Carlton fans, NSW Blues supporters, Wallabies sufferers, and hopeful homebuyers who have fallen victim to underquoting. Obviously, you can’t change your footy team, but you can follow these tips to avoid the sketchy real estate practice. If it hasn’t happened to you, it’s probably happened to someone […]

What the!? Tesla came third on the new vehicles sold list?

Car enthusiasts around the nation got a bit of a shock this week when the Tesla Model 3 rocketed up the sales leaderboard to place third for all new vehicles sold in March. How did that happen? You might have seen an article by us a few weeks back about the sales of electric vehicles […]

How to save a first home deposit in just over a year

It’s taking young couples roughly five years on average to save for a 20% home loan deposit, according to new research. Want to hear something crazy, though? We know how to quarter that timeframe… Real talk: it’s never been tougher to save up a deposit for your first home. In Sydney the average timeframe is […]

Budget winners: first home buyers, regional buyers, single parents

First home buyers, regional buyers and single parents keen to crack the property market are the big winners in this year’s federal budget – with 50,000 low deposit, no LMI scheme spots up for grabs.  Want to buy your first home with just a 5% deposit and pay no lenders’ mortgage insurance?  You could be […]

How much have car prices gone up since the pandemic began?

Most of you would have noticed that car prices have gone up significantly over the past two years. But how much have they gone up exactly? Let’s take a look. You’re not imagining things – both new and used vehicle prices have spiked over the past two years (not to mention, house prices, petrol, groceries […]