When it comes to property, there is no one right way of doing things. After a few years of property ownership, homeowners will often think about what they should do with the equity they’ve built up. In particular, they often consider expanding their property portfolio. However, that thought bubble often appears as they are trying […]
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The fixed-rate mortgage cliff was expected to hit borrowers hard, but according to research so far from CoreLogic, there has been no data to suggest mortgage holders are being forced to sell. CoreLogic estimated that 1.3 million home loans are expected to move from low fixed rates to high variable rates in 2023 and 2024, […]
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2023 is expected to see large numbers of Australian borrowers rolling off their ultra-low fixed-rate mortgages taken out in 2020. Homeowners could face an increase in repayments by up to 65%. Fortunately, with proper preparation, you can effectively navigate the upcoming fixed interest rate cliff. Knowing your mortgage term end date The first step to […]
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Rents across the industrial sector continue to drift higher, driven by ongoing demand and tight vacancy rates, according to new research. Dexus Research found that the industrial sector has continued to hold strong, despite higher interest vacancy rates. The report uncovered record low vacancy rates across the industrial market continues to lead to significant rent […]
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If you’re in the market for a new home or looking to invest in property in Perth, it’s important to keep an eye on the housing market trends. Recently, an article by WAtoday revealed the best and worst suburbs for house price growth in Perth, providing valuable insights for those looking to buy or sell […]
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Asset finance can be a valuable tool for businesses looking to acquire assets such as equipment, vehicles, and machinery. Here are five reasons why asset finance can be good for your business: In conclusion, asset finance can be a smart financial decision for businesses looking to acquire assets while preserving cash flow, accessing flexible repayment […]
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The PropTrack Home Price Index shows that national home price falls slowed in January, recording a small fall of 0.09%, bringing values down 4.51% from their peak in March 2022. Key highlights from the January 2023 report Australian home prices fell 0.09% in January and are now 4.51% below their peak. Prices fell in every […]
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With the SME Loan Recovery Scheme closing at the end of June, Australian small businesses will have fewer possibilities to finance themselves at a time when many factors are weighing on them. The discontinuation of the SME Loan Recovery Scheme, aimed at providing relief to the impact of COVID-19 by supplying government-supported small business loans, comes around […]
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The new Keystart home loan is expected to support urban infill goals and boost homeownership in the state. The state government of Western Australia is rolling out a new low-cost loan option for homebuyers in the state looking to purchase or build apartments in urban areas. The Urban Connect Home Loan under the state-backed lender […]
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Buyers looking to finance their new car through their bank may soon be limited to electric models. Bank Australia has announced it will be stopping loans for petrol and diesel cars from 2025, with the goal of the customer-owned bank to reach net zero carbon emissions by 2035. The decision means customers will be limited to buying […]
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