News

Some of Australia’s biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase?

Continue reading “Banks tighten lending, reducing the maximum you can borrow”

Small businesses around the nation are once again confident about their future and ready to start driving toward their next phase of growth, according to new research.

Continue reading “Bulk of SMEs preparing for growth over next 12 months: research”

Property investors beware: the Australian Taxation Office (ATO) has revealed the four key areas it will be targeting this tax year, and rental property income/deductions and capital gains are high on the hit list.

Continue reading “ATO hit list: rental property income and capital gains”

Housing affordability is one of the key battlegrounds ahead of the federal election this Saturday. So what is each of the two major parties proposing to help first home buyers crack the market? Let’s take a look.

Continue reading “The two major parties’ first home buyer policies explained”

Small business owners wanting to buy a vehicle, asset or important piece of equipment and immediately write off the cost have just over a month to act this financial year.

Continue reading “EOFY alert! Financial year-end is fast approaching”

Rate rises are a bit like taking off in a plane. Sure, it’s a bit nervy, but so long as you’ve run through your pre-flight check, have a well-serviced aircraft, built-in some contingencies (a buffer!), and have a handy co-pilot (us!), you should reach your destination no worries.

Continue reading “Ready for lift-off: how to prepare a buffer for more rate rises”

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow.

Continue reading “RBA increases cash rate to 0.35% amid high inflation concerns”

Australian small businesses are investing in their recovery through a surge in machinery purchases, IT and office technologies, and sustainable business assets, according to Commonwealth Bank (CBA) data.

Continue reading “SMEs invest in machinery, IT and energy-efficient assets for growth”

The chances of the Reserve Bank of Australia (RBA) lifting the official cash rate on Tuesday just increased dramatically after figures showed the cost of living jumped 5.1% over the past year – the highest annual increase in more than 20 years.

Continue reading “Brace yourselves: a May rate hike might be coming next week”

First home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for the highly popular Home Guarantee Scheme.

Continue reading “Attention first home buyers! Price caps increase for 5% deposit scheme”