First home buyer numbers spike to 10 year high

First home buyer numbers spike to 10 year high

Mar 15, 2020 | Finance

First home buyers are throwing themselves into the property market in numbers not seen since 2009. The number of owner-occupier first home buyer loan commitments reached its highest point in ten years in January, with newcomers taking out 9,945 loans (seasonally...
First Home Buyer Numbers Spike to 10 Year High

First Home Buyer Numbers Spike to 10 Year High

Mar 15, 2020 | Finance

Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down....
SME Owners Impacted by Coronavirus Urged to Contact Creditors

SME Owners Impacted by Coronavirus Urged to Contact Creditors

Mar 5, 2020 | Finance

SME owners concerned about the coronavirus outbreak impacting their cash flow are being urged to talk to their creditors as soon as possible. Earlier this month the RBA cut the official cash rate by 25 basis points to a new record low of 0.50% due to the impact of the...
Are You Being Stung by The Loyalty Tax?

Are You Being Stung by The Loyalty Tax?

Feb 13, 2020 | Finance

Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the Reserve Bank of Australia (RBA). The RBA’s study finds that the difference in interest rates...