On your marks, get set, go! The race is on for limited spots in the federal government’s First Home Loan Deposit Scheme, which kicked off again on July 1.
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Well, I thought I had seen it all, that was until the COVID-19 pandemic hit Australia. In late March, restrictions were put in place overnight, people stood down, workers forced to work from home indefinitely, airlines and travel halted overnight,…
You might have heard that the federal government will give eligible Australians $25,000 to build or substantially renovate homes as part of the new HomeBuilder scheme. Today we’ll look at who exactly can qualify for the initiative.
We all know that the coronavirus is having a devastating effect on, not only the Australian economy, but the world economy. In April we saw job losses and business shutdowns like we have never seen in our lifetimes. This stuff…
Amongst all the doom and gloom surrounding the world right now some good news stories just get missed, yes, there are still a few out there, here’s one. New figures from the Australian Bureau of Statistics (ABS) have shown that…
With interest rates at record low levels, today we’ll look at a question that many are asking: should I lock in a fixed rate home loan?
It’s fair to say it’s an unusual time to be a first home buyer. But there are still opportunities out there for those whose jobs haven’t been affected by COVID-19.
Found yourself with extra time on your hands? Slightly worried about meeting your home loan repayments? Want to make use of those back-to-back rate cuts? While the world has changed significantly over the past month, it’s possible to use some changes to your advantage.
Here’s some promising news for big and small businesses alike: six-month loan deferrals are now available to larger businesses on the condition that they don’t terminate leases or evict tenants for falling behind on their rent due to COVID-19.
This is one article we hope you never have to read. But if COVID-19 has impacted your income to the point where you may need to pause your mortgage repayments, then we’ve broken down the banks’ deferral policies for you.
