Monthly Archives:May 2017

Banks likely to pass budget hit on to homeowners

Posted by on 12 May 2017

The five biggest banks in Australia have been slugged with a new tax in this year’s budget, but you might be the one who pays. Suspicion is rife that the banks will pass costs on to their customers in the form of rate rises. The Liberal government’s new budget proposes to slap the banks with […]

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Stressed homeowners bypass budget for better savings

Posted by on 12 May 2017

Aussie homeowners are stressed, and the new federal budget isn’t doing much to relieve their concerns. A number of minor adjustments will be implemented when the budget kicks in on 1 July, but will these make any difference to the thousands of Australians who are struggling to pay the bills? According to research from Digital […]

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Are houses really more affordable under the new budget?

Posted by on 12 May 2017

Housing affordability was a key factor in this year’s budget, though critics say that not enough cost-saving measures were put in place. The First Home Super Savers Scheme has been in the spotlight, with Treasurer Scott Morrison claiming that it will help first home savers to ‘accelerate their savings by at least 30 percent.’ Not […]

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Is your mortgage with one of the big banks? Read this now.

Posted by on 12 May 2017

The five biggest banks in Australia have been slugged with a new tax in this year’s budget, but you might be the one who pays. Suspicion is rife that the banks will pass costs on to their customers in the form of rate rises. The Liberal government’s new budget proposes to slap the banks with […]

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The biggest mistake you can make with your home loan

Posted by on 9 May 2017

Interest rates are going up, putting home owners in a tight spot. It’s hard to know what to do: lock in a fixed rate now or hold on to a low variable rate for as long as possible? The biggest mistake many people make with their home loan is by not refinancing to get a […]

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