Indulgences such as caviar, wagyu beef and the finest bottles of wine shouldn’t count against you when lenders assess your application for finance, a Federal Court judge has said.
Businesses that put off paying large tax bills for too long may soon find that the Australian Taxation Office (ATO) has notified credit reporting bureaus.
Backyard cricket pitch not getting much of a workout these days? Sick of your weekends being taken up with mowing and gardening? Installing a granny flat could provide a profitable solution – boosting the value of your home by 30% and adding around 27% to rental income.
Scams involving identity theft have cost Australians at least $16 million this year, and that figure is likely to be just the “tip of the iceberg”, says the ACCC.
A recent ACCC report on the residential mortgage pricing of five major banks between 9 May 2017 to 30 June 2018 found that opaque discretionary pricing inflated borrowers’ costs (including their time and effort) to discover better offers, directly impacting their enthusiasm to shop around.
Great news for home buyers – housing affordability is the best it’s been since 1999, according to new data released by the nation’s peak housing and building body.
Whenever the Reserve Bank of Australia (RBA) changes the official cash rate we all hear about how it will impact home loans. But it affects many other areas of finance and the economy, which we’ll look into today.
Welcoming a baby into your family is one of the most joyous occasions of your life. But just like anything worth celebrating (such as your wedding day or buying your first property), it’s not without its expenses.
What would you say if we told you that you could potentially increase your rental returns by up to 30% simply by ticking a box? You’d probably call us ‘barking mad’.
‘Are we there yet?’ That seems to be the million dollar question on everyone’s lips. Let’s look at whether or not the property market is finally starting to stabilise, as well as when we might start seeing some positive changes in the market.