The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow.
Continue reading “RBA increases cash rate to 0.35% amid high inflation concerns”SMEs invest in machinery, IT and energy-efficient assets for growth
Australian small businesses are investing in their recovery through a surge in machinery purchases, IT and office technologies, and sustainable business assets, according to Commonwealth Bank (CBA) data.
Continue reading “SMEs invest in machinery, IT and energy-efficient assets for growth”Brace yourselves: a May rate hike might be coming next week
The chances of the Reserve Bank of Australia (RBA) lifting the official cash rate on Tuesday just increased dramatically after figures showed the cost of living jumped 5.1% over the past year – the highest annual increase in more than 20 years.
Continue reading “Brace yourselves: a May rate hike might be coming next week”Attention first home buyers! Price caps increase for 5% deposit scheme
First home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for the highly popular Home Guarantee Scheme.
Continue reading “Attention first home buyers! Price caps increase for 5% deposit scheme”How to avoid becoming a victim of underquoting
It’s the hope that kills you. Just ask Carlton fans, NSW Blues supporters, Wallabies sufferers, and hopeful homebuyers who have fallen victim to underquoting. Obviously, you can’t change your footy team, but you can follow these tips to avoid the sketchy real estate practice.
Continue reading “How to avoid becoming a victim of underquoting”What the!? Tesla came third on the new vehicles sold list?
Car enthusiasts around the nation got a bit of a shock this week when the Tesla Model 3 rocketed up the sales leaderboard to place third for all new vehicles sold in March. How did that happen?
Continue reading “What the!? Tesla came third on the new vehicles sold list?”How to save a first home deposit in just over a year
It’s taking young couples roughly five years on average to save for a 20% home loan deposit, according to new research. Want to hear something crazy, though? We know how to quarter that timeframe…
Continue reading “How to save a first home deposit in just over a year”Budget winners: first home buyers, regional buyers, single parents
First home buyers, regional buyers and single parents keen to crack the property market are the big winners in this year’s federal budget – with 50,000 low deposit, no LMI scheme spots up for grabs.
Continue reading “Budget winners: first home buyers, regional buyers, single parents”How much have car prices gone up since the pandemic began?
Most of you would have noticed that car prices have gone up significantly over the past two years. But how much have they gone up exactly? Let’s take a look.
Continue reading “How much have car prices gone up since the pandemic began?”16 ways the government should tackle housing affordability: report
Think property prices have gone a little bonkers? You’re not the only one. Which is why a report with 16 recommendations to tackle housing affordability has just been plonked on pollies’ desks in Canberra. Today we’ll run through them for you (succinctly, we promise).
Continue reading “16 ways the government should tackle housing affordability: report”