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…
Articles by Rita Thomas
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
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,…
If you’re apprehensive at the thought of borrowing six-figures (or more) to invest in property, you’re not alone. Here are six of the most common fears that trick people into not investing – and how to move past them.
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…
Mum’s the word for most Aussies when it comes to financial advice reveals new research . A recent Finder.com.au survey of 1,006 participants found that Aussies are twice as likely to turn to a relative for financial advice (42%) than they are a financial advisor (20%). One in four (26%) would consult Google, while 20%…
Be careful when buying an apartment in Melbourne. Melbourne has to house almost 100,000 new residents each year, and with housing affordability top of mind in Australia’s largest cities, we have seen an influx of apartment developments rising up in place of traditional housing. While investors remain interested in reasonably priced property and low vacancy rates,…
The last decade has flipped the world of lending on its head. In days gone by, banks lined up to give you money; now, they’re so tightly bound by APRA regulations that their initial stance is closer to “no” until you prove yourself worthy of a “yes”. To make a tough situation even more difficult,…
Almost half of Australians are living from pay to pay. These figures from a recent Finder survey of 1,780 Australians reveal 46% – the equivalent of more than 5.9 million working Aussies – are unprepared to cope with a job loss, admitting they couldn’t survive financially for more than a month if they suddenly lost…
Want to save over $70,000 over the life of your mortgage? Maybe that will be easier than you think according to research from RateCity.com.au which revealed if you give up one coffee a day and put the money into your mortgage you could be $71,891 better off over the lifetime of the loan. Now that’s easier…
At some stage in our lives most of us will experience the various highs and lows that go hand in hand with home ownership. Undeniably today the biggest pressure associated with realising the dream of having a place to call our own, is keeping up with the mortgage repayments. For those who buy their home…
