News
Simplify Your Home Buying Process With The 360° Home Loan Assessor
Buying a home is a monumental step in anyone’s life; it often comes with a barrage of complexities and confusion. Among the myriad online tools and resources claiming to streamline the process, it’s hard to distinguish the truly valuable ones. That’s where our...
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Help To Buy To Start In 2024
Prime Minister Anthony Albanese has confirmed that the Labor Party’s Help to Buy Scheme is scheduled to commence in 2024. This announcement was made during the Labor Party’s National Conference, where all states and territories reached a consensus to advance the necessary...
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Changes Coming To Australia On 1 July 2023
As the new financial year begins, many changes that were announced in the federal and state budgets will come into effect. We’ve outlined the major changes that will affect home buyers, owners, renters and investors. Federal Changes The following changes are effective from...
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How To Purchase A Home Despite The High Cost Of Living
It definitely costs more to live these days. The Australian Bureau of Statistics (ABS) has confirmed the Consumer Price Index (CPI) rose 1.9% in the December 2022 quarter, which took annual inflation to 7.8% — the highest level since March 1990. Research from UBS also revealed...
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Regional First Home Buyer Guarantee Now Available From 1 October
From 1 October 2022 to June 2025, 10,000 places will be available each year under the Regional First Home Buyer Guarantee. The scheme was scheduled to come into effect on 1 January 2023, but the government has shifted the date earlier. This is huge news for Australians residing...
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Is 2022 A Good Time To Build A House?
The Australian construction sector has recovered considerably since the pandemic hit in 2020. Demand for home building has surged to record levels. However, the industry is struggling to meet that demand and those difficulties are expected to continue well into the future. ...
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High Interest Rates, Inflation, Financial Hardship: Here’s How You Can Prepare
The Reserve Bank of Australia (RBA) has begun raising its cash rate target, after more than a decade of low and falling cash rates. And the central bank anticipates several more rate hikes over the next two years. RBA Governor Philip Lowe says Australia’s cash rate will increase...
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NSW Announces Stamp Duty Reform
As part of the First Home Buyer Choice housing package announced in the 2022-23 New South Wales state budget, first-home buyers in NSW can choose either to pay stamp duty upfront or pay a smaller annual property tax. NSW Premier Dominic Perrottet said it was a priority to make...
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Labor Government Schemes To Help Home Buyers
Labor’s win in the 2022 Australian elections brought a change in the government schemes available to first-home buyers and those who currently don’t own property. What Government Home Buying Schemes Are Available After The 2022 Election? The Labor government has introduced...
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RBA Increases Cash Rate To 0.35%
The Reserve Bank of Australia (RBA) increased the cash rate by 0.25 percentage points; taking the historically low cash rate to 0.35%. An increase in the cash rate causes the interest rates on variable-rate mortgages to go up as well, as most lenders, including major banks,...
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