If, like many others, your life and money feels a bit like a juggling act – paying bills here and there… and “Uh oh, forgot about the council rates, guess that one’s going on the credit card”. You may be thinking that having some extra cash would solve a lot […]
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Aussie CEO James Symond has emphasised that while pre-approval isn’t a guarantee you’ll secure a home loan, he believes it is a great first step towards home ownership. “If you’re early in your home-buying journey, getting pre-approval can help you focus your property search – giving you a clear idea
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Direct debits can be extremely convenient and even save you money. But they can become costly – and may even send you into debt – when you lose track of your automated payments. Conduct regular reviews to keep on top of your direct debits. Here’s how. Type ‘direct debit’ into
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For those looking to get out of debt quicker, a mortgage broker has explained a remarkably simple trick to pay off a home loan sooner. In a conversation with nestegg, Two Red Shoes’ mortgage broker, Rebecca Jarrett Dalton, explained how mortgage-holders should switch their payment cycles. “The quickest way to pay
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In its first board meeting of 2021, the Reserve Bank of Australia (RBA) decided to keep the cash rate at a record low of 0.1%. Find out why rates are so low and what it may mean for you and your financial goals. Why does the RBA keep rates low?
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The latest AMP Financial Wellness surveyi shows that while COVID-19 has undoubtedly caused many Aussies to feel financial pain (and we’re not through it yet!), we’ve also seen a shift in mindset, with those not impacted counting their blessings and feeling happier. In fact, despite the recent global turmoil, the number
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The Australian Taxation Office (ATO) is warning of an automated scam call that is duping Australians out of everything they have. Since 1 January 2021, the ATO has received 638 reports of scammers pretending to be from the ATO, telling people their tax file number (TFN) has been compromised and requesting
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If you’re interested in seeing what your options are outside of investment property and super this article explores some of the different investment options available. Cash investments If you put your money into cash investments (including savings accounts and term deposits), the returns will often be lower in comparison to
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It doesn’t have to be the stuff of dreams. There are several strategies that could help you pay off your home loan sooner. And it doesn’t necessarily mean sacrificing the things you love doing today. The first step towards paying off your home sooner is to understand your loan—how much
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There’s a lot to consider when buying an investment property or home, especially for the first time. Have you been saving for a long time and feel ready to get into the property market? Maybe you’re considering buying a home to live in or investing in a property you can
Is it better to buy an investment property or home first? Read More »
If presentation isn’t on point, many buyers keep looking, which is an important point to remember for those wanting to sell in the current market. When property prices boomed, buyers would look past the 1970s bathroom and the untidy garden, but with prices coming down, those looking to sell need
Fussy buyers snub houses that don’t present well Read More »
The response by the banks and the government to the COVID-19 pandemic has seen mortgage stress fall to a near record low, but dangers remain when support is withdrawn, consumer research has found. Survey results by Roy Morgan show that an estimated 751,00 mortgage-holders or around 20 per cent were
Are Australian mortgages held together by government support? Read More »