Debt wipes tens of thousands from Australian property budgets Unpaid debts are taking thousands of dollars out of the loan budgets of first home buyers, making property less affordable. The New Daily · May 15, 2023
Consumer advocates warn of funeral insurance 'rort' that leaves customers paying more than it costs to bury them David is dying of cancer, but he has already paid more than the cost of his funeral in insurance. Consumer advocates say he is far from alone and they want the "rip-off" to stop. ABC News · Apr 18, 2023
Big mortgage savings if you ditch ‘out of date’ rates by refinancing Almost a quarter of mortgage payers are paying interest rates at least 1.8 per cent above the lowest variable rates, Canstar says. The New Daily · Apr 12, 2023
Mortgage holder confidence cools ahead of RBA decision Confidence among those paying off a home loan has taken another hit in the lead-up to another cash rate call that could add more to their monthly repayments. The New Daily · Apr 4, 2023
Pause on the cards as RBA board meets on cash rate The Reserve Bank is inching closer to the point it can take its foot off the accelerator but it's unclear if the central bank has done enough just yet. AAP · Apr 3, 2023
A typical income equals mortgage stress as property prices rebound Australians earning average incomes are now unable to afford houses in capital cities without immediately being thrown into mortgage stress. The New Daily · Apr 3, 2023
Complacent mortgage holders stung by higher rates Failing to swap to a better home loan rate could be costing mortgage holders hundreds of dollars extra per month. The New Daily · Mar 27, 2023
Mortgage holders brace for another interest rate blow The Reserve Bank is expected to raise interest rates again, turning up the heat on already stretched household finances. The New Daily · Mar 6, 2023
Pressure on Labor over tax cuts, amid broad support for super hikes Pressure is mounting on the federal government over tax cuts, amid support for super changes and ahead of another interest rate rise. The New Daily · Mar 6, 2023
Mortgage holders brace for more interest rate pain The Reserve Bank is expected to hike interest rates again this week and turn up the heat on already stretched household finances. AAP · Mar 6, 2023
Australia’s big banks are passing on all the interest rates hikes – but not the cuts While the banks have been quick to pass on RBA’s every cash rate increase, they have not matched all the decreases since June 2019 The Guardian - AU · Feb 24, 2023
Hefty pay rises required to beat inflation The soaring cost of living is leaving wages for dust, with workers needing generous pay rises to outpace inflation. AAP · Jan 25, 2023
Why your mortgage interest rate could rise further, even after the RBA stops hiking Australian banks — which made bumper profits last year — are facing soaring funding costs as they need to repay $188 billion of cheap money borrowed from the Reserve Bank in the coming years, which is bad news for home loan borrowers. ABC News · Jan 13, 2023
Strings attached to best deals for savers People are taking advantage of higher interest rates on their savings accounts but it's becoming hard to find a high rate without conditions attached. AAP · Dec 26, 2022
Newcastle Herald · Dec 5, 2022 Regional NSW property hotspots of 2023: Raymond Terrace and Muswellbrook listed in top 10 RAYMOND Terrace is predicted as one of the top 10 locations in regional NSW to purchase property in 2023.
The New Daily · Nov 21, 2022 Fixed-rate mortgage coming to an end? You might be in for a shock Homeowners who have been enjoying an ultra-low fixed-rate mortgage may be in for a shock when it comes time to refinance, with experts predicting some recent buyers will find themselves trapped in a "mortgage prison".
The Canberra Times · Nov 1, 2022 Canberrans forking out $1386 more each month since rate rises One expert said home owners are "far from out of the woods" with more rate rises to come.
The New Daily · Sep 30, 2022 Monthly mortgage repayments could jump by $1000, as RBA weighs another rate hike Homeowners with a mortgage of $500,000 could be facing monthly mortgage payment increases of just under $1000 by the end of the year
The New Daily · Sep 6, 2022 RBA raises rates for a record fifth month, but many are yet to feel mortgage pain Households will be hit with another hike in their mortgage bills after the RBA increased interest rate for a record fifth month in a row.
The New Daily · Aug 11, 2022 Telstra price hikes: Time to shop around as telco mulls more changes Telstra has foreshadowed further price changes for its mobile users, despite already passing on steep bill hikes for millions of customers.
ABC News · Aug 2, 2022 Borrowers to feel the heat as RBA raises rates again, but new customers get cheaper deals As the economic outlook became more uncertain, lenders are competing harder for new customers, providing a good opportunity for home buyers with large deposits and owners who have paid off a sizeable portion of their property.
The New Daily · Jul 19, 2022 How rising interest rates could work for you with term deposits and savings With the RBA and other central banks winding up cash rates, term deposit rates and even interest rates on savings accounts have started to rise.
The Guardian - AU · Jul 5, 2022 Interest rate hikes may send about 200,000 more households into mortgage stress, says analyst Households struggling with loan repayments are ‘looking at a deep hole, incomes are not rising but costs are’
ABC News · Jun 12, 2022 Interest rates for savings accounts are rising after rate hike, but are they quick enough and by how much? The Reserve Bank's cash rate hike may be doom and gloom for mortgage borrowers, but Inge Meldgaard is hopeful that higher rates will boost earnings from her savings.
The New Daily · Jun 8, 2022 Why savers are unlikely to benefit much from the RBA rate hikes RBA governor Philip Lowe jacked up the cash rate by a surprise 50 basis points on Tuesday. But savers are unlikely to benefit much in the short term.