Are the days of ultra-low fixed interest rates over? It’s looking increasingly so, with two major banks increasing their fixed rates this week. So if you’ve been thinking about fixing your mortgage lately, it could be time to consider doing… Read More »Seismic shift: two major banks hike fixed interest rates

We’ve all been guilty of the odd credit card mix-up from time to time – it happens! But if you’re consistently relying on a personal credit card to pay your business expenses – like 4-in-10 SME owners – then it’s… Read More »Are you relying on a personal credit card for business expenses?

Almost 33,000 Australians bought their first home four years sooner thanks to two federal government schemes that give first home buyers a leg up into the property market. Could you, or someone you know, be eligible? We love a feel-good… Read More »How 1-in-10 first home buyers cracked the market 4 years sooner

Some borrowers will soon find it harder to get a mortgage after the banking regulator announced tougher serviceability tests for home loans. So who will they impact most? The Australian Prudential Regulation Authority (APRA) will increase the minimum interest rate… Read More »Bar raised for borrowers: tougher home loan serviceability tests

While many SME owners worry about their access to finance, a surge of new lenders and products is rapidly expanding the options available. And brokers have an important role to play for businesses, says the Productivity Commission. Changes to lending… Read More »SME lending options are on the rise, but how do you access them?

With house prices going gangbusters in the first half of 2021, is it still a good time to buy property? The majority of investors think so, according to the latest annual survey. And investors have their sights set on one… Read More »Top 5 property investor trends for 2021-22

Almost one-in-two SMEs have applied for new funding in the last six months, a new report has found, and of those SMEs only half were successful in obtaining the full amount they were seeking. If you haven’t already figured it… Read More »Only half of SMEs have recently been able to secure full funding: report

The average Australian homeowner is paying more than $37,000 in extra interest over the life of their home loan due to the loyalty tax, and it’s got three-quarters of borrowers feeling “ripped off” and “angry”. What’s the loyalty tax? It’s… Read More »Are you too loyal for your own good? The banks think so