Articles by Rita Thomas

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is a Property Strategist with an accounting background and over 30 years’ Commercial Banking experience. She is a passionate property investor who enjoys helping her clients create wealth through property investment using Metropole’s strategic approach.
Visit www.MelbourneBuyersAgent.com.au


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Australians will spend most of their 30s correcting the financial mistakes of their 20s according to new research from Finder. Finder analysed over 14,000 credit reports, and found that Millennials have the worst credit score of any generation, with an average score of 666. A credit score reflects a person’s credit history and ranges from…

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With so much negative news at present it was good to see that Australian employment increased in January to a record 12.4 million. In fact over 210,000 full-time jobs were created over the last year lifting the level to a record high of over 8.25 million full-time jobs. And when people are confident about their employment they…

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If you  applying for a new credit card or plan to raise the credit limit of an existing card to cope with your Christmas spending spree you could be in for a shock. The screws are being tightened on Australia’s debt obsession. As of 1 January 2019, new credit card limits will be based on what you can afford…

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Do you know your credit score? According to a study by finder.com.au, two-thirds of the nation’s population have no idea what their credit score is.  Your credit score is a number from a credit bureau that sums up your credit position. It is calculated using the information on your credit report. As someone interested in property…

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Apparently Aussies are committing hundreds of billions in financial fraud. finder.com.au, reports that millions of Australians are being untruthful to save a buck. One in ten Aussies (10%) admit to lying on a finance application in order to secure credit, meaning more than $220 billion1 in finance could have been applied for under false pretences. The…

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How much are you going to spend on Christmas gifts this year? For many Australian households it’s the most expensive time of the year and in the end many will be saddled with credit card debt in the new year. A new nationwide research survey of 1,027 Australians, conducted for debt solutions provider Fox Symes…