Should you take out a 40-year home loan?
If you’ve recently taken out a home loan with a 25 to 30-year term, paying it off may seem like an impossible task. Imagine then, tacking on an extra ten to fifteen years to the loan term.
July 11, 2019
2 in 5 Australians can’t meet credit card repayments, study shows
It turns out Australians aren’t good with credit cards, with 2 in 5 people saying they can’t make their repayments on time, a study by credit bureau Experian has found.
July 08, 2019
How to grow your savings with compound interest
The great Albert Einstein is alleged to have described compound interest as the eighth wonder of the world. “He who understands it, earns it; he who doesn’t, pays it,” the famous scientist apparently said.
July 08, 2019
A third of Australians feel embarrassed by their financial habits and debt
More than one-third of people feel embarrassed by their financial situation, a survey by Mortgage Choice has found.
July 05, 2019
Can I refinance my home loan with bad credit?
Having bad credit doesn’t necessarily mean you will be denied by lenders from refinancing your home loan.
July 04, 2019
How the big four banks responded to the RBA rate cut
All of the big four banks have announced cuts to their home loan interest rates after the Reserve Bank of Australia (RBA) dropped its cash rate to a record low of 1% yesterday.
July 03, 2019
Managing money at every age: A single woman's guide to financial independence
You might think that your gender and your bank balance have absolutely nothing to do with each other. But gender and money can have a fraught relationship.
July 02, 2019
Macquarie Bank scraps international transaction fees on credit cards
Macquarie Bank has announced it will scrap international fees from its credit cards at the beginning of next month.
June 28, 2019
Resurgence in share market lifts household wealth
Australian’s household wealth lifted in the March quarter as a resurgent share market offset continued property price falls.
June 27, 2019
Life insurance policy switch off: Super members urged to check inactive policies
Inactive life insurance policies held in superannuation funds will be automatically cancelled if members don’t confirm they want to continue paying premiums before July 1.
June 24, 2019
