With the Reserve Bank of Australia widely tipped to trim the official cash rate by 25 basis points at its next meeting, savvy investors are already thinking ahead. According to Domain’s Chief Economist Dr Nicola Powell, the flow-on effects of a cut could be significant, not just for borrowers, but for property values Australia-wide. And…
There’s a quiet financial undercurrent running through many Australian households – one that isn’t being talked about enough. According to fresh research by Finder, over 8.8 million Australians – two in every five adults – are banking on an inheritance to improve their financial future. Some are even depending on it. Yes, you read that…
Imagine this: you finally scrape together a deposit, brave the high interest rates, and secure a mortgage on your dream home. You assume the next 30 years will be about gradually owning more of your home. But what if I told you the first 15 years of your mortgage repayments essentially go to covering taxes…
Despite the affordability crisis, rising interest rates, and intense competition, first home buyers are still diving into the Australian property market in droves. But they’re not doing so because they feel ready, they’re doing it because they’re scared not to. The Finder First Home Buyer Report 2025 reveals a worrying mix of emotional urgency, financial…
We’re in a challenging environment for property investors and homebuyers — interest rates are still relatively high, living costs are biting, and many long-term investors are finding themselves “asset rich but cash poor.” So, when a lender comes out offering a 10-year interest-only (IO) home loan, it naturally raises a few eyebrows, and some important…
Most Australians are unknowingly handing thousands of dollars back to their bank every year—not by paying higher interest rates or missing loan repayments, but by failing to make smart use of one of the simplest tools available to them: their offset account. A recent survey by Finder found that nearly half of Australians with offset…
Let’s face it — managing money isn’t always intuitive. But the good news is, it doesn’t have to be complicated either. These seven simple yet powerful money lessons can shift the way you think about your finances and help set you on the path toward greater wealth and a more peaceful mind. So, let’s jump…
![Here are the 13 biggest differences between the rich and the poor [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2025/06/ChatGPT-Image-Jun-3-2025-02_15_37-PM-270x200.png)
What are the biggest differences between the rich and the poor? I don’t mean the fact that the rich have more money. There is a lot more to it than that. In fact, that’s why Michael Yardney wrote his international best selling book Rich Habits Poor Habits together with Tom Corley. Their aim was to…
The thing about getting into debt is that anyone can do it! The hard part, of course, is getting out of debt. In fact, many people struggle with even admitting they’re in debt in the first place and bounce from one pay to the next struggling to keep their head above financial water. There are…
In a world where our lives are increasingly intertwined with digital technology, the threats to our financial security have evolved just as rapidly. While the internet has made it easier than ever to manage our finances, it has also opened the door to a wave of sophisticated scams that can have devastating consequences. What’s particularly…
