The latest news in the world of Finance

Our latest news articles

    Loading posts...
  • EOFY alert! Financial year end just days away

    Small business owners wanting to buy a vehicle, asset or important piece of equipment and immediately write off the cost only have a few days to act this financial year. Ah, deadlines: love ‘em or hate ‘em, they sure do get you moving. And with June 30 just days away, time is running out for…

  • Property price caps increased for first home loan deposit scheme

    First home buyers can now purchase more expensive properties under the federal government’s hugely popular 5% deposit, no LMI scheme. Single parents with dependent children are also welcoming the higher property price caps, which will apply to the federal government’s new Family Home Guarantee scheme, too. The First Home Loan Deposit Scheme (FHLDS) allows eligible first home…

  • Size matters: how to get more bang for your buck on property sizes

    An increasing number of Australians are prioritising larger homes and bigger blocks in their house-hunting endeavours since the pandemic began. But where to look? Well, a new search tool helps you calculate which suburbs offer the best bang for your buck. ‘Give me a home among the gumtrees …’ There’s no denying that COVID-19 has…

  • Aussie businesses load up on light commercial vehicles

    Australian businesses have shifted things up a gear this year, with new asset finance figures revealing a 187% rise in light commercial vehicle purchases since January. The spike in business vehicle financing was driven by sales of all classes of vehicles, no doubt partly due to SMEs making the most of the federal government’s temporary full…

  • 33 suburbs where buyers still have the upper hand over sellers

    Most of Australia may be a seller’s market right now, but there are still a few dozen suburbs around the country where there’s more housing stock available than in previous years. Today we’ll check out which 33 suburbs are still offering plenty of options for buyers. One key factor that’s resulted in the current “seller’s…

  • 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…

  • Pedal to the metal: EOFY is officially bearing down on us

    Keen to buy a vehicle, asset or another vital piece of equipment for your business and immediately write off the cost? Well, you better get cracking, as we’re officially entering end-of-financial-year territory. How time flies. It feels like only yesterday that we were gearing up for the year, and now, it’s all systems go to…

  • “Tide turning on interest rates”: CBA hikes fixed rates

    Australia’s biggest bank has hiked its three-year fixed rate for owner-occupiers in a further sign that “the tide is turning on interest rates”. So if you’ve been thinking about fixing your interest rate, it could be high time to do so. Now, we’re not normally ones to write articles about the interest rate movements of…

  • Want to switch home loans? Here are ASIC’s top tips for refinancing

    With interest rates at record low levels, we’ve seen a big increase in homeowners wanting to refinance this year. So this week we’ll look at some of ASIC’s top tips for refinancing, plus some of our own for good measure. More and more mortgage holders are looking for a better deal on their home loan.…

  • SMEs to get full asset write-off extension and fairer go with ATO

    Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down. There’s a lot to digest in this year’s pandemic-recovery federal budget. So…