Despite dire predictions, the Australian property market is booming. How did it happen and where to from here. Feeling richer? The average Australian homeowner has an extra $60,000 equity in their pockets, thanks to a real estate boom no one saw coming. Between March 2020 and March 2021, the average…
Read More
Congrats to our May Winner - Sarah wins a $500 Coles Myer 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 Sarah, and…
Read More
The RBA held its monthly board meeting today and as expected, maintained the cash rate at 0.10%. As a sign the economy is growing at a healthy but controlled pace, the RBA is heavily focused on restoring inflation to within its 2-3% target range. The recently released March quarter consumer…
Read More
Congrats to our April Winner - John wins a $500 Coles Myer 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 John, and…
Read More
The RBA met today and as predicted by most economic experts left the cash rate at 0.10%. The RBA has previously stated that it does not expect rates to increase until it sees sustained wage growth and inflation returning to within its target range of 2-3%. With growing speculation that…
Read More
Congrats to our March Winner - Anjana wins a $500 Coles Myer 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 Anjana, and…
Read More
The RBA met today, leaving the cash rate at 0.10%, in line with their previous guidance that they expected rates to remain unchanged for some time. The market has been speculating that rates may rise as early as late next year based on optimism around the vaccine rollout, surging iron…
Read More
As the world grapples with the unfolding COVID-19 situation, I wanted to let you know we are committed to helping our clients through what will likely be difficult and challenging times ahead.
Read More
Now that Australia’s banking regulator has lowered the lenders’ borrowing buffer, more people should be able to borrow more funds to buy their new home. For the last few years Australia’s banking regulator, APRA, has required lenders to use a minimum 7 per cent interest rate when assessing a new…
Read More
As everyone awakes from winter hibernation, many people’s thoughts turn to selling or buying a home in spring. It’s no surprise. The sun starts shining, the garden bounces back into life, flowers bloom, lawns look lush and green, and homes are once again filled with light and warmth. Chances are…
Read More