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16 ways the government should tackle housing affordability: report

Think property prices have gone a little bonkers? You’re not the only one. Which is why a report with 16 recommendations to tackle housing affordability has just been plonked on pollies’ desks in Canberra. Today we’ll run through them for you (succinctly, we promise). You might have noticed that property prices have skyrocketed over the […]

What’s your debt-to-income ratio? And why do lenders care about it?

New data from the lending watchdog reveals almost one in four new mortgages are risky. How are they deemed risky? Well, it’s got something to do with your debt-to-income ratio, which we’ll explain in this week’s article. Your debt-to-income (DTI) ratio might sound complicated, but it’s really very simple to work out. Basically, your DTI […]

Flood victims can defer loan repayments for up to 3 months

Home and business owners impacted by the floods in New South Wales and Queensland can apply to their lender for a three-month loan deferral or reduced payment arrangement. Here’s how to apply if you or someone you know has been impacted. Another year, another disaster. In 2019 it was the bushfires. In 2020 it was […]

Which two capital cities might have just hit their property price peak?

It’s a three-speed property market across the country right now, with two capital cities showing signs prices might’ve peaked, three cities looking like they could soon peak, and three still going strong. How is the market performing in your neck of the woods? While national housing prices have increased a staggering 20.6% over the past […]

Thought about buying an EV? Interest rates for them are dropping

It wasn’t long ago that the idea of buying an electric vehicle (EV) seemed like a bit of futuristic science-fiction. But with interest rates on EV loans recently dropping to under 3%, going electric is now more in the realms of an everyday, mundane, household budget decision. According to the latest Electric Vehicle Council data, […]

Where are tradies most in demand at the moment?

Keen to tackle a renovation project in 2022? You might have noticed that tradies are hard to pin down at the moment. So if you live in one of the suburbs in this week’s article, you might want to get the ball rolling sooner rather than later… If you’ve ever watched The Block, you’ll know […]

Fixed rates on the rise, as CommBank tips a June cash rate hike

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 […]

Flexibility emerges as a key priority for small business loans

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 […]

Why are houses becoming so much more expensive to build?

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 […]

Which cities are expected to have the biggest price growth in 2022?

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 […]