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Fewer Aussies are behind on mortgage repayments

January 28, 2018

Despite high household indebtedness, the number of Australians behind on their mortgage repayments has fallen, according to a recent report by ratings agency S&P. Delinquent housing loans underlying prime residential mortgage-backed securities (RMBS) fell to 1.00% in November 2017 from 1.04% the previous month, S&P partly attributed the drop to a continuous increase in outstanding […]

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Borrowers bargaining for better mortgage deals

December 16, 2017

  A new survey has found that a third of Australians have successfully negotiated a better deal on their mortgage. The survey by finder.com.au revealed that 33 per cent of the 1,286 respondents managed to successfully bargain for a lower interest rate on their home loan. From the 43 per cent of home owners that […]

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Looking for love: The best places to swipe right in Perth

December 16, 2017

With nearly one in four West Australians living alone, suburbs that offer lifestyle, amenities and accessibility are a lure to these singles. Living in or near a city means shops, bars, restaurants, and cultural and leisure activities are all within reach and the type of housing stock usually suits those who live alone. Single people […]

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Australia set for housing oversupply by 2018: BIS Shrapnel

December 6, 2017

A leading economic forecaster is warning that Australia’s housing shortage could evaporate by 2018, putting downward pressure on property prices. Many analysts argue a persistent housing shortage over the past decade is responsible for stubbornly high Australian home prices, which are much more expensive that most other developed nations. However, economic and property forecaster BIS […]

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Government to implement faster payment terms for SMEs

December 5, 2017

The federal government has announced that it will implement 15-business-day payment terms for small business providers in response to a Payment Times and Practices Inquiry. The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) released a report in April which noted that “late repayments have been a perennial problem in Australia”. The government’s decision to […]

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