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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 […]

personal-loan-brokers

Tic:Toc to undercut broker distribution in white label play

December 16, 2017

Mortgage brokers are facing a double threat from online lender Tic:Toc, which is seeing a surge in demand from consumers and interest from banks and non-bank lenders looking for cheaper distribution. Tic:Toc promotes its quick turnaround times and convenience. The group only offers its own branded mortgages, which it says can be approved within 22 […]

online-lender

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 […]

housing-oversupply-home-loans-perth

The simple household jobs we don’t know how to do anymore….

November 27, 2017

The simple household jobs we don’t know how to do anymore….Question: How many Millennials does it take to change a light bulb? Answer: None – that’s what outsourcing is for. OK, so that’s a gross generalisation, but if statistics are to be believed, the joke is not that far from the truth. A recent survey, […]

household

Forgotten but not gone: Australia’s creepiest abandoned buildings

November 13, 2017

once thriving theatre filled with lights and music is now silent and dark, its velvet curtain rotting and the ornate ceiling covered in filth. A department store where thousands of shoppers came to browse is now empty but for a few broken mannequins and motionless escalators. Hundreds of prison cells plastered with posters, letters and […]

abandoned-buildings

Inappropriate finance most common broker complaint

October 24, 2017

The most common consumer complaint against mortgage brokers relates to inappropriate finance and responsible lending, a new industry report has found. In the latest Credit Industry Ombudsman (CIO) Annual Report on Operations, around 360 complaints were received about brokers and aggregators in the 2016/17 financial year. This accounted for 6.1% of the almost 5,900 complaints brought […]

eye-roll-game-strong-inappropriate-finance

FOS reports seven broker disputes in 2016/17

October 18, 2017

The Financial Ombudsman Service (FOS) has released new figures revealing the low number of broker disputes compared to the banks. The FOS Annual Review 2016-17reported 25,300 accepted disputes overall during the year. Of these, 10,400 involved the banks while only seven involved mortgage brokers.  These seven disputes included two around advice, two around charges, one around […]

i-am-done-done-done-done-with-broker-disputes

Could avocado prices really be keeping millennials out of the Perth property market?

October 10, 2017

Smashed Avocado keeping you out of the property market? What if you bought an avocado farm instead? Recent comments from an Australian property millionaire claiming that smashed avocado was the reason many millennials had failed to enter the property market. Lazy millennials who want everything for nothing, afraid of hard work and changing priorities, death […]

tweets-on-avocado-and-millennials

Home loan apathy for 33% of Australians

October 8, 2017

Australian homeowners are failing to put in the effort and seek out better home loan deals despite slow wage growth and piling levels of household debt. These findings come from new research by State Custodians Home Loans which polled over 1,000 people across the country. Surprisingly, only 13% said they were always on the lookout […]

why-better-choice-home-loans

‘Major flaw’ with mortgage comparison rates, says CEO

October 2, 2017

The boss of one of Australia’s largest home loan comparison websites says that mortgage comparison rates are now obsolete and “decades behind” today’s market conditions. RateCity CEO Paul Marshall said that while the comparison rate is a good concept, it is no longer helping mortgage borrowers as much as it once did. “The comparison rate […]

mortgage-comparison-rates-perth
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