If you’re not an employee, it may be more difficult to get a home loan. Home loan lenders may think there’s more risk involved because your income may be unpredictable or irregular. Also, it may be harder for them to verify your employment. Consequently, some mortgage lenders will demand a...
WIN your mortgage paid for a MONTH!
Living expenses and mortgage repayments starting to bite? We've got you covered. Imagine not having to pay your mortgage for a month! For the month of March, you could win your monthly mortgage repayment paid by NMC Finance (up to $5,000*). Simply enter in any of the following ways: Refer...
Five ways your business can cut costs
It was a great help while it lasted. But Australian motorists are again paying full price at the bowser after the temporary cut to government fuel excise ended on 28 September. As a result, we all have to pay an extra 25.3 cents per litre in tax, according to the...
Your borrowing capacity is falling right now – but you can fight back.
You’ve no doubt heard that interest rates are rising. Over the past few months, the Reserve Bank has been increasing the cash rate, taking it from a record-low 0.10% in May to 1.85% in August, with further increases all but certain. As the Reserve Bank has been increasing the cash...
Four tips to help with the cost of living crunch
The financial squeeze is well, and truly on, as rising interest rates, skyrocketing fuel prices and climbing food costs all take their toll. Few will be immune to the pinch, with new NAB research finding many Australians are making big changes to their spending behaviours due to the rising cost...
What does inflation mean for your small business?
It’s been a rough few years for many small business owners, particularly in Victoria. First, there were all the restrictions and stay-at-home orders that led to Melbourne spending more time under COVID-19 lockdowns than any other city in the world. These lockdowns hit revenue hard, especially for those in the...
How to make the most of your home’s equity
It might not feel like it, but Australians have never been as wealthy. Household wealth skyrocketed by $590 billion over the September 2021 quarter to hit a record $13.9 trillion, according to the Australian Bureau of Statistics’ most recent figures. Wealth per capita rose to a record high of $540,000....
What can we expect from the property market in 2022?
Property prices rose by an extraordinary 22.1% last year, according to CoreLogic, and many people are wondering if the boom will continue throughout 2022. Nobody can ever say for certain what the future holds, but it’s highly unlikely prices will grow as quickly this year as they did the last....