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Month: July 2021

RBA urges banks to keep lending standards high

RBA urges banks to keep lending standards high

Reserve Bank governor Philip Lowe has reminded banks they need to continue rigorously assessing home loan applications. “It is important that lending standards remain sound in an environment of low […]

Posted on July 27, 2021 by admin Continue reading
Loyal borrowers pay higher interest rates

Loyal borrowers pay higher interest rates

Borrowers who stick with the same lender year after year are probably being slugged with a ‘loyalty tax’, according to new data from CoreLogic. Owner-occupiers who took out new variable […]

Posted on July 20, 2021 by admin Continue reading
ATO warns taxpayers about dubious expense claims

ATO warns taxpayers about dubious expense claims

With more Australians now working from home, taxpayers have been warned not to “copy and paste” expense claims from previous years that would no longer apply.   The Australian Taxation […]

Posted on July 13, 2021 by admin Continue reading
Property now worth four times the size of Australia’s GDP

Property now worth four times the size of Australia’s GDP

The total value of Australian residential real estate has now passed the $8 trillion mark, reaching $8.1 trillion at the end of April, according to CoreLogic. CoreLogic head of research […]

Posted on July 6, 2021 by admin Continue reading

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  • Why rents are rising in many parts of Australia
  • Consumers embracing pay-later options
  • Property prices increase 382% over the past 30 years
  • Home loan activity falls but remains well above long-term average
  • How to manage your household budget in a higher-rate environment

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