There’s a common misconception around offset account home loans that making loan repayments more frequently helps to pay off the balance much sooner. We bust that myth and reveal the real secret to harnessing the power of your offset account.
Three financial New Year’s resolutions to tackle 2025 head-on
How are your New Year’s resolutions coming along? If you’re like most people, they’re likely related to health, fitness or abstinence. But why not consider a financial one too? Here are three resolutions worth considering for 2025.
Tips to help stay on top amidst the rate hike cycle
With every RBA rate rise announcement, mortgage holders brace themselves for impending repayment increases. Here’s how to stay on top of your mortgage and feel financially secure.
4 steps to start your financial fitness journey
As we start 2023, many Australians will be getting into their new year’s pacts. The gym will be full of determined resolution keepers; the pavement pounded by brand-new sneakers. But what about shaping up your finances?
Open banking is ramping up, so how are lenders using your data?
Open banking is here and it’s charging full steam ahead. So just how are lenders and fintechs using your shared data in this brave, new, data-fuelled world? A new report has shed some interesting insights.
Buy Now Pay Later users put on notice by credit agency
Do you use a Buy Now Pay Later (BNPL) service like Afterpay or Zip? If so, be warned that one leading credit agency has made a big change that means your BNPL data will go onto your credit report.
4 in 5 hopeful buyers don’t understand key financial concepts
While most Australians dream of owning their own home, the majority of hopeful homeowners admit they don’t fully understand how home loans or mortgage rates work. That’s why we make it our mission to enlighten you during your home buying journey. They say knowledge is power. But this week we stumbled across some interesting stats from UBank’s Know Your Numbers survey. It …
Be careful of loading up on ‘buy now, pay later’ purchases this Xmas
‘Tis the season to be jolly, but it’s important not to get carried away when using ‘buy now, pay later’ providers to fund that festive spirit. That’s because one-in-five users struggle to make their repayments, new research has found.
The Government’s early super withdrawal scheme and its impact on you
In late March, the Australian Government announced that people affected financially by COVID-19 could apply to access up to $10,000 of their superannuation before July 1 and up to a further $10,000 in the first half of the new financial year.
Why you should care about the new ‘Open Banking’ era
‘Open Banking’ is now officially upon us. But what does that mean and why should you care? Well, in a nutshell, it’ll be easier and quicker for you to get a better deal on banking products going forward.