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News & Information Written By Our Very Own Experienced Team

Crunch time: tax debts can now be reported by ATO to credit agencies

By Michael Papadopoff | October 24, 2019

Got a large, overdue tax debt with the Australian Tax Office (ATO)? Then best listen up, because certain tax debt information can now be reported to credit reporting bureaus (CRBs).

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Frustrating bank habit triggers probe into home loan pricing

By Michael Papadopoff | October 16, 2019

You know that infuriating habit the big banks have of failing to pass on the RBA’s cash rate cuts in full? Well, it’s finally triggered the federal government to order an inquiry into home loan pricing.

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7 ways you can use a reverse mortgage

By Michael Papadopoff | October 9, 2019

Got retirement on your radar? A reverse mortgage can help you improve your standard of living during your golden years. Today we’ll look at how some Aussies are using them.

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SMEs need more support from lenders to grow: RBA

By Michael Papadopoff | October 3, 2019

The ‘pendulum may have swung a bit too far’ when it comes to the tight lending standards currently imposed on small businesses, says the Reserve Bank of Australia (RBA).

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RBA cuts cash rate, but will the banks pass it on?

By Michael Papadopoff | October 1, 2019

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.75%. But will the banks pass on the interest rate cut in full to you?

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Four ways to dive into the property market with a smaller deposit

By Michael Papadopoff | September 26, 2019

Three-in-five prospective first home buyers intend to buy soon with a smaller deposit, rather than wait until they have saved a 20% deposit. So how do they plan on doing so?

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Business loan rejection causing SME cash flow issues

By Michael Papadopoff | September 26, 2019

More than one-in-five SMEs are having cash flow problems due to business loans being rejected, according to new research.

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Home-ownership within reach: will you qualify for new buyer scheme?

By Michael Papadopoff | September 18, 2019

Imagine buying your first home with only a 5% deposit and not having to pay lenders mortgage insurance. Well, that dream is one step closer to reality after the government introduced legislation to implement the First Home Loan Deposit Scheme.

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Has the tide turned? Household lending surges

By Michael Papadopoff | September 11, 2019

Lending to Aussie households spiked 3.9% in July, the strongest growth seen since October 2014, according to the Australian Bureau of Statistics (ABS).

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Is the housing market drought finally over?

By Michael Papadopoff | September 5, 2019

Marge, Marge, the rains are ‘ere! Home prices have recorded their first rise since October 2017, with national dwelling values increasing 0.8% over August, according to the latest CoreLogic report.

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