Interest rates in Australia have a significant impact on the economy, with effects felt by a range of individuals, including retirees and first-home buyers. The Reserve Bank of Australia (RBA) sets these rates, with changes influenced by a range of factors, including inflation, economic growth, and global events. In this article, we’ll explore how variations […]
Renters are urging the Greens not to give into Labor’s proposed $10 billion housing fund. “We need the Greens to refuse to compromise on this, unlike how they’ve compromised on the safeguarding (sic) mechanism,” ANU student union spokesperson Phoenix O’Neill told a rally outside Parliament House on Tuesday. Social housing tenants, university students and unions […]
Do you struggle to pay your bills every month? Does it sometimes feel like you’re never going to earn enough money to save anything? Has your goal of financial freedom remained elusive through the years? Knowing and understanding the fundamentals of saving and investing is crucial if you want to take control of your finances […]
The myth that avocados are responsible for the housing crisis has been smashed. Cutting spending isn’t making it any easier for prospective home owners to break into the property market, a study has found. Rising inflation and house prices mean deposits are largely unobtainable for young people with moderate incomes and election promises would only […]
A multi-billion dollar fund to build tens of thousands of new social and affordable housing could be heading for defeat in parliament following concerns it would not fix problems in the sector. Under the government’s $10 billion Housing Australia Future Fund, 30,000 new social housing domicles would be built in the first five years of […]
In Australia, the deposit barrier is a significant challenge for many people who wish to buy their own homes. Saving up for a deposit can be a daunting task, especially for first-time homebuyers. The good news is that there are various strategies and resources available to help you overcome the deposit barrier. Here are some […]
Key Senate crossbench parties and independents want more ambition from the federal government to tackle the housing crisis as a Senate battle looms over the Labor government’s signature housing future fund. The $10 billion housing fund passed the lower house in February but faces an upper house battle as the Greens and independents worry the […]
Cheap rentals are rapidly disappearing from Australia’s major capital cities as demand for rentals shifts back to urban centres. Low-cost rentals disappeared from regional areas more quickly during the COVID-19 pandemic, but new PropTrack data shows inexpensive rental accommodation is now vanishing from the capitals at a faster rate. The share of dwellings advertised on […]
(Your Loan Hub) If you are buying or selling a property, the settlement period is when …
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