New Serviceability Rates Don’t Help Everyone Equally!

Inside the mortgage industry there has been a lot of excitement about the changes in how loan serviceability works. In theory, it should make loans more accessible to everyone. Unfortunately it hasn’t really benefitted everyone equally. The real winners are home...

NSW land tax crackdown

Property developers, foreign owners, farmers and trusts could be among those hardest hit by a NSW government crackdown on taxpayers who have incorrectly avoided paying land tax. The crackdown, announced earlier this month by Revenue NSW, expects to recoup $100 million...
Are you a spender or a saver?

Are you a spender or a saver?

Are you paid weekly, fortnightly or monthly? New research indicates that how often you’re paid has a pretty big bearing on whether you’re a saver or a spender. The research, conducted by small business platform Xero, shows that Aussies who receive their salaries...
Frustrating bank habit triggers probe into home loan pricing

Frustrating bank habit triggers probe into home loan pricing

You know that infuriating habit the big banks have of failing to pass on the RBA’s cash rate cuts in full? Well, it’s finally triggered the federal government to order an inquiry into home loan pricing. The inquiry, which is being conducted by the Australian...