How to Save for a House Deposit for First-Time Buyers

Saving for your first home is one of life’s most exciting milestones, but it can feel daunting at the outset. With the right strategies, you can make your dream of homeownership a reality sooner than you might think. Whether you’re just starting your journey or looking to accelerate your progress, here are some practical tips…

Understanding Investment Property Depreciation: What You Need to Know

Investment property depreciation can be a powerful tool for property investors, yet it’s often misunderstood or overlooked. For both potential and existing home loan customers, understanding how depreciation works could mean significant tax savings and improved cash flow. Here’s everything you need to know to make the most of this benefit. What Is Investment Property…

Understanding Bridging Loans: A Guide for Homeowners and Buyers

Purchasing a new home while selling your current one can be an exciting but complex journey. One financial tool that can simplify this process is a bridging loan. If you’re exploring your options for making the transition between properties as seamless as possible, this guide is for you. What is a Bridging Loan? A bridging…

Moving House Checklist: Your Guide to a Smooth Transition

Moving house can be an exciting milestone, but it’s often accompanied by stress and a seemingly endless to-do list. Whether you’re a first-time homebuyer or a seasoned property owner, having a clear plan can make all the difference. To help you stay on track, we’ve put together a comprehensive moving house checklist designed to ensure…

Good news for home loan customers as RBA leaves rates on hold again in August

At its board meeting this week, the Reserve Bank of Australia announced it will hold the cash rate at 4.35%. This follows an increase in annual inflation with data last week showing an increase to 3.8% over the year to June. The inflation data shows he first increase since the December 2022 quarter, with many…

Property prices march on to a new peak

The property market has ignored higher interest rates, with values rising almost 5% since March. But why are national housing prices climbing when interest rates are higher? Australia’s housing market continues to defy the odds and show resilience – even with higher interest rates and higher inflation. Despite interest rates rising 4% in a year…