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.
Ever dreamed of starting your own business?
Ever been tempted to tell the boss you’re leaving to start your own business? You’re not alone. In fact, more than nine million Aussies dream about becoming their own boss.
Buy now, pay now: the importance of budgeting for gifts
How much do you think the average Aussie spends on gifts each month? $20, $50 or 100? (hint: we’re a generous bunch). Today we’ll look at why it’s important to budget for these expenses correctly, rather than succumbing to ‘buy now, pay later’ services.
Caviar and wine, anyone? What a court ruling means for you
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.
Time’s ticking: ATO to report overdue tax debts to credit agencies
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.
Granny flat could boost your property value by 30%
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.
How criminals steal your identity to steal your money
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.
Existing borrowers must get active or suffer higher rates
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.
Housing affordability the best it’s been since 1999: HIA
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.
What the cash rate cuts mean for other areas of your finance
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.