The RBA has opted to leave the official cash rate on hold at 1.5%. With the kick off of the new financial year, at its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. The RBA continued its wait and see approach taking into account the latest edition…
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Interest Rates on the Increase
Interest rates are on the rise Especially for investment property loans. As the major banks embark on another round of out of cycle rate increases now would be a great time to investigate what savings might be available through refinancing your investment properties. CBA have announced a 0.12% increase on investment loans and NAB over…
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First Home Buyers – Do’s and Don’ts
Preparing to Buy – Do’s and Don’ts This is the last in our First Home Buyers’ series. We hope that you have found the information to be helpful in you journey towards home ownership. In this final instalment, we’ll look at some of the Do’s and Don’ts of finance. This will round off the previous article…
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First Home Buyers Part 6: What Lenders Look For
Lenders - Likes and Dislikes Lenders who provide “consumer” credit in Australia have a legal obligation to make sufficient enquiries into a prospective borrower’s financial circumstances to avoid placing that borrower under financial stress both at the time the loan is taken out and into the foreseeable future. These provisions, which come under the National…
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