Give yourself a money makeover today. Here is a simple way that could set you on a course to save around $89,000! Refinance your mortgage It’s likely the home loan you took out five years ago is no longer the best deal on the market. Given the recent news of banks lifting their variable mortgage [...]
Over the life of your loan, a variable rate will almost certainly prove cheaper than a fixed one. Here’s why. As speculation about rates intensifies, some people are considering fixing their home loan interest rate. But ask any economist and they will probably tell you that fixing your home loan interest rate seldom saves you [...]
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At its meeting today, the Board decided to leave the cash rate unchanged at 4.25 per cent. Information becoming available since the December meeting confirms that economic conditions in Europe were weakening late last year, with risks still skewed to the downside. Reflecting this, most forecasters have lowered their forecasts for world GDP growth this [...]
RBA meets today and with markets holding an 84 per cent expectation the official cash rate should be dropped 0.25 percentage points to 4 per cent. Last year, Australia’s big four banks together made a record $25 billion in profits but credit growth has fallen to the lowest level since the 1970s as households increase savings [...]
This is an excellent video from Fox Business talking about NRAS. During the interview Switzer said he could not believe that he was endorsing a real estate scheme. If you have had any interest in investing in property this year – perhaps within a SMSF or investing directly yourself – you need to see this. [...]
There are countless ways you can let your hard-earned cash slip through your fingers, but here are some of the easiest ways to lose money. 1. Not using comparison websites Whether you want to buy plane tickets, a credit card or health insurance, it’s never been easier to compare products and prices online. And [...]
Research and insights from around the country by Propell valuers have identified ten significant factors that affected Australian property valuations in 2011. 1. The rising or falling trend of the market and, where applicable, the time the property has been on the market. 2. Similarity of properties – valuers can draw on a history of [...]



