How Business Borrowing Can Propel Your Success
Unlocking Growth: How Business Borrowing Can Propel Your Success Business borrowing in Australia has seen a significant uptick over the past year, reflecting renewed confidence in growth and expansion opportunities. According to the Australian Bureau of Statistics, businesses borrowed a remarkable $10.05 billion in August 2024, marking the highest level of borrowing since early 2022. […]
Home Guarantee Scheme Boosts Buyer Opportunities
Home Guarantee Scheme Boosts Buyer Opportunities In July 2024, property investors committed a staggering $11.71 billion in home loans, marking the second-highest monthly figure on record, as reported by the Australian Bureau of Statistics. This represents a 35.4% increase compared to July 2023, reflecting the rapid growth in investor activity. The federal government’s Home Guarantee […]
Common Car Financing Mistakes to Avoid
Common Car Financing Mistakes to Avoid Under the bright lights of a showroom, it’s easy to get caught up in the excitement of finally purchasing the car of your dreams. While dealer finance may seem convenient, it can often come with higher fees and make negotiating the car price more challenging. If you secure a […]
RBA holds cash rate at 4.35% amidst inflation and market challenges
RBA keeps the cash rate unchanged In August 2024, the RBA has kept the cash rate steady at 4.35% for the sixth consecutive time, aligning with market expectations despite a slight increase in inflation to 3.8% for the June quarter. What this means for the economy Global Outlook: The global economic picture is mixed, with […]
Major changes to bank refinancing policies
Major changes to bank refinancing policies What does this mean for you? Is your loan as competitive as it once was? Does it still meet your needs? Did you know that some banks have relaxed their policies, making it easier for you to refinance with more lenient assessment protocols? Major changes include: Reduction of refinancing […]
