The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the tenth consecutive time, this time by 0.25% to 3.60%. Despite a slightly lower inflation figure of 7.4% in January, stronger than expected January retail sales have encouraged the RBA to remain on the increase…
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The Reserve Bank of Australia (RBA) has increased the official cash rate for a tenth straight meeting, taking it to 3.60%. How much will this rate hike increase your monthly mortgage repayments, and how many more rate rises are expected to come? The RBA’s latest move takes the cash rate…
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The property market has had more plot twists than a daytime soap opera in recent years. So getting the skinny on current trends is helpful when you’re planning to buy. Here’s the lowdown on the latest surprising bit of data. Despite all the media doom and gloom predicting that the…
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Have recent rate hikes made you nervous about taking the plunge into the property market? You’re not alone; it’s a buyer’s market for a reason. Here’s how to stay cool and calm when buying your next property. As you’ve probably seen in the news, the Reserve Bank of Australia (RBA)…
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It’s the ultimate property conundrum – buy or rent? The answer is: it depends. Annoying, right? But don’t be discouraged. It’s not an impossible question to answer. It just means the key factors you need to consider – prices, rent, interest rates – are constantly shifting. It’s worth diving into…
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The lowdown on what people are really looking at when they wander through your home. If you’ve ever spent hours agonising over a light fitting, only to wonder if anyone other than you will notice it, listen up. Here’s just the study for you. Researchers have used eye-tracking technology to…
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2023 will ring in changes to stamp duty and home-buyer schemes around the country. Here’s a quick fly-over of shifts at national and State level set to kick in this year. NATIONAL Help to Buy The Albanese Government’s flagship housing policy Help to Buy is expected to launch in July this…
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Feed your brain, feed the world Freerice is an online educational trivia game that makes you smarter while you make a difference. For every answer you get right on the multiple-choice quiz, Freerice donates the cash equivalent of ten grains of rice to the United Nations World Food Programme (WFP).…
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Congrats to our February Winner – Jake wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Jake, and he’s…
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The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the ninth consecutive time, this time by 0.25% to 3.35%. Following a higher than expected inflation rate of 7.8% in December, the RBA continues to attempt to rein in inflation with this latest increase. If…
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