Who knew selling eggs at the garden gate could void your home insurance? Apparently not many people, including the Victorian homeowners who have found themselves at the centre of an insurance nightmare that should prompt everyone with a side hustle to check their coverage. It seems having an Australian Business…
Congrats to our November Winner – Megan wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Megan, and she’s…
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the seventh consecutive month, this time by 0.25% to 2.85%. Today’s increase follows higher than anticipated September quarter Consumer Price Index (CPI) figures as the RBA continues to battle inflation. If you’d like to have…
Congrats to our October Winner – Carlene wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Carlene, and she’s…
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate, by 0.25% to 2.60%. In considering the size of the increase, the RBA board appears to be continuing to focus on reducing inflation against the backdrop of falling house prices in many areas of Australia, a…
Congrats to our September Winner – Dylan wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Dylan, and he’s…
As widely expected, the Reserve Bank of Australia (RBA) today increased the official cash rate by 0.50% to 2.35%. This brings the total of increases made since May to 2.25% as the RBA continues to battle a very stubborn inflation foe. In making this latest increase our central bank will…
From rags to riches In 2013, a man browsing in a Sydney op shop purchased an unusual cup for $4. Its uniqueness caused him to research its origins. He sent a picture to Sotheby’s, who confirmed that it was indeed both rare and valuable. The buyer had unknowingly purchased a…
Caitlin and Joel Loan amount: $670,000. Monthly repayments: $2700. Grants accessed: First homeowner $15,000 and 2020 HomeBuilder $25,000. Deposit: 15 per cent plus 5 per cent guarantor finance to reach the 20 per cent threshold required to avoid paying Lender’s Mortgage Insurance (LMI). While 2020 was the year many…
