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Archive for category: Lending & Finance

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What you can borrow or what you should borrow?

The amount you can borrow and the amount you should borrow are sometimes two very different things. Before you apply for a home loan, it makes sense to realistically assess your financial situation. Here’s how to do it.

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What you can borrow or what you should borrow?
( Posted in: Lending & Finance )

Three questions to ask before you refinance

The home loan market is constantly changing, with new and attractive deals coming up all the time. Refinancing can help you secure a more competitive interest rate, access the equity in your home, add features (such as an offset account) or consolidate your debts, but there are some important questions to consider before you get the ball rolling.

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Three questions to ask before you refinance
( Posted in: Lending & Finance )

Interest Rates Cut by 25 Basis Points

The RBA Board met earlier today and announced there would be a cut to the cash rate by 25 basis points – a new cash rate 1.75%

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Interest Rates Cut by 25 Basis Points
( Posted in: Lending & Finance )

Track your finances with the latest apps and tools

Whatever your reasons, understanding your budget is key to living a comfortable life. Whether you're saving for something in particular, getting out of debt or just trying to stop spending so much money on food, noting your daily spend can definitely help resolve any issues. Here are five apps that can help you stay on top of your budget.

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Track your finances with the latest apps and tools
( Posted in: Lending & Finance )

Interest Rates Remain Unchanged - February 2016

The RBA Board announced their decision to leave the cash rate unchanged at historical lows of 2.0% this afternoon.

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Interest Rates Remain Unchanged - February 2016
( Posted in: Lending & Finance )

Interest Rates Remain Unchanged - October 2015

RBA Governor Glenn Stevens media release on 6 October 2015

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth...

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Interest Rates Remain Unchanged - October 2015
( Posted in: Lending & Finance )

Australian House Market Report - July 2015

Key take outs from the latest Australian House Market Report prepared by RP Data and National Australia Bank include:

  • Nationally (capital city) house values increased by 7.9% for the 12 months to April 2015
  • Sydney recorded strongest ...
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( Posted in: Lending & Finance )

Hidden lending restrictions for small apartments

Another interesting article we spotted recently.  As apartments get smaller it seems there may be hidden lending restrictions, with some bank not lending for ....

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( Posted in: Lending & Finance )