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Afterpay: The crucial info you’re missing

By News
There are so many perks of Afterpay; interest-free payments, you can shop both online and in-store, you don’t need a credit check to sign up, and the list goes on. But without being total Debbie Downers, Afterpay has its downsides that not everyone is aware of. We list our top…
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RBA cash rate unchanged at 0.75%

By News
The first cash rate decision for 2020 has been announced by the RBA with the rate unchanged at 0.75%, as it assesses the economic threat posed by the bushfire crisis and the coronavirus outbreak. The Reserve Bank will have been encouraged by positive employment, inflation and house price figures and…
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Will a lower buffer boost your borrowing power?

By News
Now that Australia’s banking regulator has lowered the lenders’ borrowing buffer, more people should be able to borrow more funds to buy their new home. For the last few years Australia’s banking regulator, APRA, has required lenders to use a minimum 7 per cent interest rate when assessing a new…
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RBA Cash Rate Decreased at 0.75%

By News, RBA Updates
For the 3rd time in five months the Reserve Bank of Australia has decided to reduce the official cash rate, this time to 0.75%, in a concentrated effort to boost the economy. In making the decision to lower rates again the RBA has strongly reinforced its focus on supporting employment…
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