RBA goes back-to-back with cash rate cuts
The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 1%. Yep, that’s right, back-to-back rate cuts within just one month. The RBA last cut the official cash rate to the previously historic low of 1.25% on...
Got a spare pineapple? Pay off your mortgage faster
Reckon you could scrounge together an extra $50 each week to pay off your mortgage? If so, latest modelling shows the average household with a $400,000 loan could save $46,992 and pay off their home loan four years faster. This week we’re going to look at the benefits...
What You Need to Know if You’re Renting Out a Furnished Property
One of the important decisions a property investor should make is whether to offer a furnished property or not. There’s solid demand for rental properties in Australia—for example, in New South Wales, around 30.8% of people rent rather than buy—and your choice will...