Refinancing when you don’t have equity
Here are five helpful tips for those seeking to refinance when you’re all out of equity.
Stamp duty scrapped for NSW first-home buyers
From July 1 2023, first-home buyers in NSW will skip paying hefty stamp duty fees on certain properties.
Cash rate holds at 4.10%
The Reserve Bank of Australia (RBA) made the decision to hold the official cash rate at 4.10% in light of the data released last week, showing that inflation had eased; now down to 5.6%. Dr Philip Lowe, Governor of the RBA again made mention in his statement, that while Australia’s inflation has passed its peak, […]
Building Towards a Greener Future: The State of Sustainable Housing in Australia
Today, climate change is at the forefront of our global challenges, impacting every aspect of life, from our health to our economy. Our homes, too, are part of this intricate puzzle. In fact, residential buildings in Australia account for nearly a quarter of overall energy use and contribute to more than 10% of total carbon […]
RBA Raises Interest Rates to 4.1% in June Amid Concerns Over Inflation Plan
The cash rate target saw an increase to 4.1% in June, marking a ten-year record.
New South Wales Raises Stamp Duty Exemption Thresholds to Boost First-Home Buyer Market Entry
First-time home purchasers in New South Wales are set to benefit from legislative amendments poised to be presented in Parliament this week. The adjustments are to the First Home Buyer Assistance scheme, with the stamp duty exemption limit rising from $650,000 to $800,000. Furthermore, stamp duty concessions will now apply within a bracket of $800,000 […]
RBA cash rate raised to 3.85%
Following a pause last month, the Reserve Bank of Australia (RBA) has today delivered a shock interest rate hike for May, bringing further cost-of-living pain to households. However Philip Lowe said the decision was needed. Interest rates rose today by 25 basis points to 3.85 per cent, which has shot the cash rate to an […]
The pros and cons of buying off-the-plan
Buying properties off-the-plan has become a popular way for home buyers and investors to purchase property. However, when buying a property that is yet to be built, there are some important considerations to think about before signing a contract. Here are some pros and cons to consider before buying off-the-plan. Pros Discounted prices If […]
Cash rate risks to avoid on your home loan
Find out what risks your mortgage might face due to a fluctuating cash rate and wow to deal with them.