2.3 million families estimated to be in mortgage stress, 100,000 of which are nearing risk of defaulting. COVID-19 has impacted almost every sector of the Australian economy, and has effectively... read more →
1.99% by Loans.com.au Last week, I pointed out that fixed rates are at all time lows, with Bank of Us offering fixed rates at 1.99%. But fixed rates are not... read more →
HomeBuilder update The HomeBuilder Grant is administered by the South Australian Government, with funding provided by the Australian Government. The South Australian Revenue Office is now accepting applications for the... read more →
The all time low fixed rates provide an opportunity for families to maximise their earnings and savings during these uncertain times. However, they do come with some limitations that require... read more →
The big four banks are extending mortgage deferrals on payments for an additional 4 months. While this is welcome news for the 800,000 borrowers who have taken up this offer,... read more →
NAB to extend deferral period. In early April the banks allowed their borrowers to defer mortgage repayments. That deferral is soon ending, and NAB is the first to offer an... read more →
The RBA has announced that the cash rate will remain unchanged for July with rates remaining at 0.25%. The RBA is mindful of rising concerns around unemployment post-JobKeeper, falls in... read more →
The new financial year has just begun, and we at Finance Mutual Australia (FMA), are putting forward our five best money saving tips to help home owners pay off their... read more →
The policies put in place by banks in response to COVID-19 resulted in the repayments of 780,000 loans worth $237 billion be halted to ease the burden of debt on... read more →
JobKeeper is planned to end in September. Unfortunately many struggling people and businesses who rely on JobKeeper to survive are going to find themselves with limited options and no support... read more →