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One third of mortgages have little or no buffer

November 7, 2017

ONE in three home loan customers are leaving themselves with little to no buffer on their repayments despite interest rates resting at historical lows. The Reserve Bank of Australia has today released its biannual Financial Stability Review and has revealed one third of mortgages have less than one months’ buffer. Despite this many other borrowers […]

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Spending plunge may dent economic growth

October 11, 2017

The sharpest fall in retail spending in more than four years has cast doubt on the Reserve Bank’s economic growth forecasts and adds weight to expectations for a long run of unchanged interest rates. Retail turnover plunged 0.6 per cent to $25.9 billion in August, missing market expectations of a rise from July of 0.3 per […]

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The hottest spots for under 30s across Australia

September 13, 2017

A new study shows where Australians under 30 want to live, as well as the country’s most popular state or territory, by analyzing mortgage applications. According to research by credit scoring and information service Credit Simple, Queensland is the most popular state for mortgage applications by people under 30. Breaking down each state and territory […]

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What we can expect from the houses of the future

July 21, 2017

Growing populations and energy resourcing issues are already affecting how homes are being designed today. But what will Australian housing look like in 2037 and beyond? Lachlan Grant is managing director of Happy Haus, which specialises in the design, construction and installation of prefabricated homes. He believes that in the future, “housing should be fit […]

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Good credit report history now considered by Lenders. Whats your score?

July 15, 2017

Good credit report history now considered by Lenders. Whats your score? Like many Australians, Bernard Stahr didn’t know that two years of credit repayment history is about to be introduced to his credit report. The 49-year-old public servant, from Kensington in Melbourne, wants to buy an investment property in the near future but is yet […]

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