by admin | Dec 29, 2022 | Budgeting, Business Planning, Economics, Federal Budget, Index, Interest Rates, Investing, RBA
Australian Cash and Fixed Interest Short term rates have risen further with another 0.25% rise in December. We have seen the 90 Bank bill rate now hit 3.1% up from virtually zero at the start of the year. 10 Year yields have slipped a little bit but still currently at...
by admin | Dec 29, 2022 | Budgeting, Debt, Economics, Family, First Home, Housing, Interest Rates, Lifestyle
Inflation and interest rates are rapidly rising in Australia and around the world. This means higher cost of living, higher home loan repayments … and higher mortgage stress for homeowners. Research by Digital Finance Analytics (April 2022) found that 42.2% of...
by admin | Dec 29, 2022 | Business Planning, Economics, Family, Health Care, Housing, Interest Rates, Investing, Lifestyle
Dolly Parton once said, ‘Don’t get so busy making a living that you forget to make a life’… And we couldn’t imagine a sentence that more perfectly sums up the importance of work-life balance. While we will likely never learn the true meaning...
by admin | Nov 30, 2022 | Crypto, Economics, Family, Interest Rates, Investing, Lifestyle
The year is rapidly coming to an end. There will soon be a flurry of predictions in main and social media on what to watch out for in 2023. They are likely to encompass what to wear, for example, will tailoring be in, after two years of sloven dressing thanks to WFH?...
by admin | Nov 1, 2022 | Debt, Economics, Housing, Interest Rates, Investing
The equity you have in your home is simply the difference between the current market value of your home and the amount you still owe on your home loan. For example, if your home is worth $800,000 and your outstanding loan balance is $200,000, your equity is $600,000....
by admin | Nov 1, 2022 | Budgeting, Debt, Family, First Home, Housing, Interest Rates, Investing, Lifestyle
Once upon a time, banks would lend would-be home owners a sum of money based on repayments being less than 30% of the borrower’s gross income. As interest rates fell in the early 90s and competition from non-bank lenders flourished, home loan providers relaxed this...
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