Articles by Kate Forbes

Kate Forbes

Kate Forbes is a National Director Property Strategy at Metropole. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA).
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Almost a third of people who use buy now, pay later services (BNPL) are finding themselves in financial trouble, according to new research. RateCity.com.au surveyed 1,009 Australians to find out what impact these services are having on their personal finances, particularly in light of COVID-19 Here are their findings… Who’s using BNPL? 1 in 3…

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Australians have wiped a total of $5.5 billion of debt accruing interest from their credit cards since the start of COVID-19, a drop of 20 per cent, according to figures released by the RBA. During this time Australians also took the scissors to their credit cards, closing almost half a million accounts in four months….

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Unemployment is on everyone’s mind isn’t it? While we regularly see the unemployment figures provided by the Australian Bureau of Statistics (7.5%) most of us have a gut feel the “real” level of unemployment is higher. Well according to Roy Morgan  in August 13.8% of the workforce (1.98 million Australians) were unemployed. This represents an…

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New research from Roy Morgan into the impact of COVID-19 on Australia’s employment market shows that two-thirds of working Australians (67%) have had ‘a change to their employment’ due to the pandemic. Some people reported several changes to their working conditions since the Coronavirus, like being stood down, having reduced hours and working from home….

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How do housing markets recover from an economic shock? Analysing housing data three years post-GFC may provide some clues In fact new research from the Property Investment Professionals of Australia (PIPA) and CoreLogic  identified the best performing capital city and regional locations three years after the Global Financial Crisis. This research found that capital city…

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Wondering what to do if you’ve got mortgage stress? Consumer advocate, RateCity.com.au, believes COVID-affected customers should not have to pay a higher rate if they can only afford to make interest-only repayments on their home loan when their six-month deferral ends. From September, homeowners on a deferral who can’t resume their repayments can potentially extend…

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I hear it time and time again. A generation locked out of the housing market, a property bubble so inflated it is about to burst. Cue the doomsday music and fretting over escalating home values.   Don’t get me wrong, saving for a deposit is a difficult exercise, and it is true that Australian property…

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Australians have wiped a staggering $4.2 billion dollars off the national credit card debt accruing interest since the COVID pandemic hit. Figures released by the RBA show that since March, credit card debt accruing interest has dropped by 16 per cent to $22.79 billion, the lowest total since October 2005. This means Australians have knocked…

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