Boom in home equity loans

For the first time, borrowing to fund travel, cars and consumer goods is outstripping new spending on housing, according to the Reserve Bank. Australians are [...]

POSTED ON April 3, 2019
Borrowers keen to refinance

More than 14,000 home buyers switched their mortgages to other financial institutions in December 2002 to get lower interest rates, the Australian Bureau of Statistics [...]

POSTED ON April 3, 2019
What is a loan guarantee worth?

Lenders are being warned about the enforceability of loan guarantees following a surprise result in the NSW Supreme Court.The guarantee a father gave to pay [...]

POSTED ON July 13, 2015
Low rates mean prices will continue to rise

Low interest rates mean house prices will continue to rise according to Deloitte Access Economics.Mortgage stress remains below average said Deloitte.Deloitte said households can afford [...]

POSTED ON March 26, 2015
Having loans and debts can be good for you

Having lots of loans, credit cards and debts does not necessarily mean you are in financial stress according to Reserve Bank researchers.“The screening lenders carry [...]

POSTED ON March 10, 2015
Banks to add more to RBA rate rises

Borrowers are likely to be slugged by more rate rises from RBA and more margin expanding rate rises from the big banks as well. The [...]

POSTED ON November 2, 2009
Switch your lender & save $3,800

Over the last 14 months of the GFC, many people moved their money and their business to a big four bank. Many people could simply [...]

POSTED ON November 2, 2009
Four steps to switching banks

Switching bank accounts to a new bank is easier than it has been in the past, but can still be a complex process. ASIC and [...]

POSTED ON November 2, 2009
Fee changes to all transaction accounts

Almost all banks, credit unions and building societies have announced changes to the fees they charge their credit card, loan and account customers. Now may [...]

POSTED ON November 2, 2009
Sydney auction results improving

The Sydney residential property market shows signs of continued improvement with good auction results from last weekend. 65 per cent of 459 properties listed for [...]

POSTED ON November 2, 2009