Australian borrowers have received another reprieve with the Reserve Bank of Australia (RBA) today cutting the cash rate by 25 basis points to 3.85%. How much could this decrease your monthly mortgage repayments? This is the second cash rate cut in 2025, as the RBA attempts to ease cost-of-living pressures on Australian families. RBA Governor Michele Bullock said in a statement that
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The votes have been cast and it’s clear Labor will hold the reins of federal government for another 3-year term. We look at what this may mean for first home buyers and current home owners. As the election dust settles, it’s time to get back to business as usual. But there could be a few changes on the horizon depending
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There’s a common misconception around offset account home loans that making loan repayments more frequently helps to pay off the balance much sooner. We bust that myth and reveal the real secret to harnessing the power of your offset account. You may have heard that making repayments more frequently, say weekly instead of monthly, helps pay down a loan sooner. That
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Tariff-triggered cuts to interest rates could be just around the corner, with Australian borrowers the likely winners if they come to fruition. US trade policies have hit media headlines this month following Donald Trump’s controversial tariff announcements on 2 April. The flow of tariff announcements coming out of the US has rattled share markets globally, driven by uncertainty plus fears of
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Australians will head to the polls on May 3, and with housing affordability shaping up as a key election issue, we unpack how the two major parties are pledging to help first home buyers. Housing affordability has reached boiling point. Both Labor and the Coalition agree on this. But they’re offering different solutions for first home buyers. As polling day
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Did you know that the average home owner saw their property’s value rise $46,000 per year over the past five years? Today we’ll look at ways you could put that recent increase in equity to further use. The five years since 2020 have seen plenty of action. From the pandemic (let’s not go there again), through to a change in