Savings and Income Tax cuts

Most Aussies have had the opportunity to save up some money during lockdown. Many of our usual activities such as eating out, commuting to work and going on holiday were put on hold. This has led to many people cutting back on their expenses and rethinking their finances. The Mid Year Economic and Fiscal Outlook […]

Benefits from record low Interest Rates

During the year 2020 we saw Home Loan interest rates fall to record lows. With the RBA cash rate expected to stay at 0.1% for at least another 3 years, Home Loan rates are likely to stay low in 2021. Low interest rates can provide ongoing benefits to both home buyers and existing mortgage holders. […]

Interest rates on hold at historic lows

What does this mean for home buyers? The Reserve Bank of Australia (RBA) has held the cash rate at a record low 0.1 per cent. That’s good news for the Australian property market. The RBA is Australia’s central bank. It implements policies to help maintain the health of our economy. Altering the cash rate is […]