Single women, and in particular single mothers, have cited poor financial knowledge as the biggest barrier to recovering from financial setbacks and challenges according to new research. A Galaxy Research survey conducted on behalf of State Custodians Home Loans, quizzed 1,005 people nationwide on how financial difficulties would be handled following a stressful life event…
If you’ve finally achieved some financial stability in your life and you’re looking to do something positive with your savings, you may be thinking about purchasing real estate. Property is generally a sound investment – provided you do your research and buy a quality property in a sought-after location. For first-timers, however, it comes a…
There’s a new pull factor that draws people to certain suburbs in the Sunshine State. No, it’s not proximity to the CBD, or great schools, or beachside luxury – it’s coffee! The growing café culture in Brisbane is adding fuel to the fire when it comes to the property market, as people seek not just…
What if I told you a way that you could save up to $18,000 today by asking one simple question? Who wouldn’t want that… right? Well now is the perfect time to ask it and the question is; “Can you do better?” That is the question I would be asking my bank right about now,…
Cash might be headed the same way as the Tasmanian tiger according to Finder.com.au A recent survey of 1,000 respondents revealed that 23% of Aussies – equivalent to 4.4 million people – no longer carry cash. Kate Browne, personal finance expert at Finder, said as we become a cashless society, the need for wallets may…
Why do people go bankrupt? And which professions are more likely to bankrupt. It may not be who you think… One of the largest registered bankruptcy Trustees in Australia, Aravanis has mined its data across 2017 and discovered that those with the following professions were more likely to go bankrupt than any other profession*: Managers (Sales, Marketing, PR,…
Warning – some high-rise apartment buildings will become the slums of the future. And now it’s been revealed that there’s a list of list of nearly 450 buildings across the state of NSW with potentially flammable cladding that the State Government is keeping it secret due to security concerns. The list, developed by the cladding…
The Australian housing market is gathering momentum, with an uptick in activity in recent months also being reflected in NAB’s Residential Property Index which moved back into positive territory for the first time since mid-2018. Overall, the Index rose 26 points in the September quarter to an above average +18. Housing market sentiment among property…
The nation’s largest lender to property investors is looking for more business. Westpac and its subsidiaries Bank of Melbourne, St George and BankSA, have just reduced the minimum deposits they require from investors from 20 per cent to 10 per cent for interest-only investment loans. In other words investors who meet certain criteria will be…
Stamp duty has tripled in some Aussie cities since 2004. Analysis by Domain shows some are paying more than three times as much stamp duty than 15 years ago. At the same time the increase in other transactional costs, from conveyancing to real estate agency fees, have typically increasing by the rate of inflation. But,…
