Are you too loyal for your own good? The banks think so

Are you too loyal for your own good? The banks think so

The average Australian homeowner is paying more than $37,000 in extra interest over the life of their home loan due to the loyalty tax, and it’s got three-quarters of borrowers feeling “ripped off” and “angry”. What’s the loyalty tax? It’s this sneaky lender trick...
Are they really OK? Here’s how to check in with them today

Are they really OK? Here’s how to check in with them today

Do you know how the people in your world are really doing right now? Chances are you know someone who’s doing it tough, but silently pressing on. As always, we’re here to support you, and for R U OK? Day we’re sharing ways you can help others. Life’s ups and downs...
Nine in 10 FHBs trust brokers to help them buy their first property

Nine in 10 FHBs trust brokers to help them buy their first property

Remember that classic TV ad: ‘nine out of 10 dentists recommend using [toothpaste brand]?’ Well, it turns out we’ve earned a similar level of trust when it comes to helping first home buyers sink their teeth into the property market.  That’s because nine out...
How to ease financial pressure through debt consolidation

How to ease financial pressure through debt consolidation

With many people around the country doing it tough right now, this week we’ll look at a way you can take some pressure off your monthly finances through debt consolidation. Here’s a quick experiment. Go pick up three balls and try to juggle them. Most people, besides...
COVID hardship and grant options that could help you

COVID hardship and grant options that could help you

With the pandemic once again tightening its grip around many parts of Australia, today we’ll run you through hardship and grant options that could be available to you or your business. Setting all politics aside, it’s safe to say no one wants to be here. Yet here we...
House price growth hits 17-year high, but is it slowing down?

House price growth hits 17-year high, but is it slowing down?

You’d have to go all the way back to the 2004 Athens Olympics to find a time when house price growth was faster than it has recently been. But latest data suggests the golden run has started to slow down. It’s no secret that house prices have reached...
Buy Now Pay Later users put on notice by credit agency

Buy Now Pay Later users put on notice by credit agency

Do you use a Buy Now Pay Later (BNPL) service like Afterpay or Zip? If so, be warned that one leading credit reporting agency has made a big change that means your BNPL data will go onto your credit report. BNPL transactions have risen rapidly over the past few...
How much extra will your mortgage cost when interest rates rise?

How much extra will your mortgage cost when interest rates rise?

After 18 straight RBA cash rate cuts it can be easy to dismiss the notion that interest rates might rise again. But if the cash rate returned to mid-2019 levels, how much extra would an average new mortgage holder expect to pay each month? Let’s take a look. They say...
It’s on! First home loan deposit schemes open for applications

It’s on! First home loan deposit schemes open for applications

If you’d like to buy your first home with just a 5% deposit and pay no lenders mortgage insurance (LMI), then you better act quick, as thousands of first home buyers are expected to rush to apply for the limited spots up for grabs. And if you’re a single parent with...