Our finance guides break down property-related money issues in simple terms. We cover topics such as home loans, cash rates and financial planning.
According to leading property industry analyst and economic forecaster, BIS Shrapnel, the momentum in price growth that recently emerged is expected to continue to support prices in the forthcoming year but to a lesser extent in 2015/16. However, rising construction and the potential for oversupply in many markets will impact on prices ...
I've been arguing for a long time that New South Wales will be Australia's star economy of the coming decade. There are a number of reasons for that, including Sydney becoming a world class financial hub for Asia, and the harbour city becoming a self-sustaining jobs magnet, resulting in population growth and increased economic activity ...
The Australian Taxation Office (ATO) recently released statistics relating to claims made by Australian property investors for the 2011-2012 income year which illustrated that a number of owners of rental properties are entitled to a number of deductions when they complete their annual income tax assessment ...
A small interest rate drop can significantly reduce the term of your mortgage, especially if you combine other interest saving strategies such as making fortnightly repayments, putting in extra payments whenever possible, and using an offset account ...
For those of you who haven't yet entered the property market, you may not realise how pivotal your credit rating is in obtaining the home loan you want, and how easily your credit rating can be brought down with minor occurrences. A strong credit rating is absolutely crucial in defining your borrowing power ...
While it seems likely that we’ll see more 40 year mortgages in the future, the majority of homebuyers would probably be more prudent to borrow a little less and use a shorter mortgage term where possible. While the monthly repayment might be lower, over the life of the mortgage the terms tend to be less favourable ...
