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Recent data has shown a 98 per cent increase in average home loan repayments since 2015.
Growth across the country has been put in perspective, with nearly half of the country reporting record-high property values.
Bank term deposit rates are steadily declining, leaving cash investors worse off. This is reportedly leaving the rate of return “negligible”.
Commercial finance brokers are set for a busy year as a majority of businesses eye investment opportunities. Effective brokers will position themselves as strategic partners.
Two tech companies have come together to expand the uptake of open banking solutions and deliver greater capability for brokers.
The non-bank lender has announced a collaboration with the document verification and fraud detection company in the hopes of providing faster and safer solutions for brokers.
The RBA has dodged expectations at its July monetary policy meeting, opting to hold the cash rate steady at 3.85 per cent. Industry experts have since weighed in.
As NSW and Queensland prepare to battle it out on the footy field in tonight’s State of Origin decider, a parallel contest has been playing out in Australia’s property market.
Renters are being hit hard by property prices when applying with a pet. This financial pressure is being dubbed the “pet tax”.
The central bank has handed down its monetary policy decision for July.
Recent data from CBA has revealed just 10 per cent of variable rate customers reduced mortgage repayments following recent interest rate cuts.
The cost-of-living crisis may be behind us as mortgage stress drops to its lowest level since 2023.
In more than one-fifth of Aussie suburbs, it’s cheaper to buy a unit than it is to rent. Perth was the biggest example of this trend.
Although EOFY has passed, confusion around tax time often carries on well into the new financial year for small businesses and workers.
Recent data has revealed a rise in commercial property investment. While there are a number of factors influencing this trend, investor sentiment is proving to be a major factor.