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With all the talk, debate and other shenanigans going on between the two major parties at the moment in an effort to try and win your vote, as always, it will predominantly come down to a case of voters wondering ‘what’s in it for me?’.
And for borrowers, this means they’ll be looking to see if there’s really anything new to report. (more…)
Federal Budget’s tax cuts which come into effect on July 1 offer no real concession for mortgage holders coping with six official rate rises.
Borrowers feeling the pinch from rate rises this financial year will not be able to offset any real amount off their increased mortgage repayments with the tax cuts – and will still have to seek out additional ways to restructure their household budget. (more…)