Should you buy in a falling market?

Spring is in the air. Alongside the warmer weather comes what is traditionally the busiest season of the year for Australia’s property markets, with listings numbers and buyer activity usually significantly higher than during the winter months. This spring season will be very different from the previous two years, with...

How refinancing can help you dodge the full impact of rate rises

With all four major banks and many other home loan lenders passing on in full the Reserve Bank of Australia’s latest interest rate to their variable-rate borrowers, many homeowners are facing yet another jump in their home finance repayments – the fifth in as many months. However, existing variable borrowers will...

Why are millennials making a big move to the regions?

Traditionally, there’s been a perception that young Australians want to live in our capital cities, thanks to the career opportunities, buzzing nightlife and vibrant lifestyle. But new data from the Commonwealth Bank and the Regional Australia Institute’s Regional Movers Index has turned that notion on its head. The index found...

Australia’s home loan wars heat up

Home loan interest rates are on the rise, thanks to back-to-back cash rate hikes from the Reserve Bank of Australia that have seen the country’s official interest rate jump to 0.85%. The RBA’s move comes off the back of the fastest acceleration of inflation in over two decades, representing a...

4 simple ways to save for a home deposit

Given the median value of a home in Melbourne was over $800,000 in April, it’s no wonder that getting on the property ladder can seem tough. Your biggest challenge? Saving that all-important deposit – which can take years of scrimping and saving. But all is not lost. With a solid...

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....