History

Weird Money And The Strange History Of Banks

personOtto Dargan access_timeOctober 9, 2015

Do you have money in the bank? How about a mortgage? The reason why we have banks may shock you. In fact, banks sort of started by accident! From trading chickens for a beer and a feed, to the introduction of paper notes and lending, without banks we wouldn’t live in the world...

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When Land Used To Be Free In Australia

personOtto Dargan access_timeJuly 3, 2015

Did you know that there was a time when Australians were given acres of land for free by the government? How times have changed! When you’re not paying a premium for prime real estate in a good location, you’ll also need to cover the costs of stamp duty, legal costs, including...

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The Fascinating Evolution Of Australian Home Loans

personOtto Dargan access_timeJune 22, 2015

Getting a job, saving a deposit and applying for a home loan to buy your own property is an Australian institution. Today, around 60.8% or $1.5 trillion of total national credit is used for mortgage finance and, in the month of April 2015 alone, a total of 19,045 residential...

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