Despite the explanation given on how households will be compensated in the carbon tax – it still won’t help many borrowers and their budgetary bottom lines. (more…)
Budget
What will a carbon tax do for borrowers ?
Sunday, July 10th, 2011Learning lessons from debt
Friday, June 10th, 2011The Genworth International Mortgage Trends report released this week found that the average age of first home buyers at the moment is 31 years old. In other words – first home buyers are getting older. (more…)
What can borrowers get excited about?
Friday, May 20th, 2011The news seems to be getting worse for borrowers over the last week. (more…)
Government needs to address affordability issue
Tuesday, May 10th, 2011The mortgage industry won’t be holding its breath on anything to assist borrowers on tonight’s Federal Budget. We’ve already been told it will be ‘tough’ and will involve cuts to spending.
So if there is nothing to write home about in tonight’s budget for the many borrowers who are coping with what is fast becoming a year set to make them rein in their belts even tighter, what we also don’t want to see down the track is any more examples of policy making on the run. (more…)
Is running your house running all over your budget?
Tuesday, March 29th, 2011Regardless of whether you own or rent your property, running a home can be a costly exercise.
Notwithstanding the rising costs of energy over the last few years which has put a dent in many household budgets, there are all the other associated costs to run a house, which in combination, can keep you emptying your pockets – unless you look at ways in which you can cut down. (more…)
Jobs for the boys…and girls
Friday, February 11th, 2011With yesterday’s latest unemployment figure of five percent being the lowest in two years, it would seem at the moment there’s jobs for the boys – and girls! (more…)
Back into rate mode
Friday, January 28th, 2011With the Reserve Bank returning back for their monthly meetings next Tuesday, speculation is mounting once more about what will happen to official interest rates. (more…)
Weighing up when to sell?
Tuesday, December 7th, 2010Working out exactly when the right time is to sell, is a little like working out the right time to fix a loan. In other words, it’s a tough one to call.
And at the moment (notwithstanding we’re coming into the Christmas season), it’s a challenging period to try and choose the right time to sell if that’s part of your game plan. (more…)
De-risking your December
Monday, November 22nd, 2010Another potential interest rate rise, another round of Christmas presents to buy, another end-of-year social function to attend – and another bank balance goes begging.
So let’s not pull any punches here – December is an expensive month any way you look at it. (more…)
Don’t bank on interest rate outcomes
Tuesday, November 2nd, 2010It’s one of life’s ironies that a Reserve Bank announcement on interest rates will be handed down on the same day when more Australians than ever are having a flutter on our nation’s most loved horse race.
Because in reality, there’s no banking on the outcome of today’s official interest rate announcement and what it will mean for borrowers. Some odds are in favour of official rates staying as they are – but others are stacked in favour of the banks to raise their rates regardless. Either way – it’s a gamble to try and predict the result. (more…)