It’s the first time our favourite money experts, authors, economists and influencers have all come together, and for it’s a very special reason: The Yahoo Finance Advent Calendar. Every day from 1 December to Christmas Day, Yahoo Finance is releasing money hacks from the best in the business. Think of it as an early festive …
Revealed: ‘Remarkably simple’ way to make money in 2021 Read More »
The New South Wales government has proposed a shift away from stamp duty in favour of an annual property tax as part of plans to create a more modern tax system. The plans announced in the 2020-21 NSW budget propose a model that gives buyers the choice of paying either stamp duty and land tax …
The Reserve Bank meets on Tuesday to decide whether or not to lower its cash rate target to 0.1 of a percentage point (from 0.25 percentage points). Economists say this means the cash rate is “effectively” negative right now. The “effective” cash rate is currently hovering between eight basis points and 13 basis points (0.13 …
Rates so low that you nearly profit from your home loan? We’re almost there Read More »
Most economists believe the Reserve Bank will cut interest rates to just 0.1 per cent on Tuesday. Two-thirds of the 43 experts surveyed this week by comparison site Finder said it would, and markets put the chance of another rate cut at 84 per cent. But is taking rates even lower a good idea? In …
Monetary overreach: Why another interest rate cut won’t solve our problems Read More »
Economists inferred as much from the governor’s speech on October 15, and financial markets put the chance of a Melbourne Cup Day rate cut at 84 per cent. But if the RBA board is searching for another reason to pull the interest rate trigger it will likely find one on Wednesday. In good news for …
Weak inflation: Pressure builds on RBA to cut rates one more time Read More »
“Deferrals started expiring in late Sep with most due to expire before the end of October <graph 2.10>. A 4-month extension is possible on a case-by-case basis for borrowers that are not yet able to resume repayments but have good prospects of doing so. The vast majority of loans moving out of deferrals to date …
“The federal government will allow an additional 10,000 first home buyers to obtain a loan to build or purchase a newly-built home with a deposit of as little as 5 per cent, via an extension of the First Home Loan Deposit Scheme”. “An additional 10,000 places will now be provided from 6 October 2020 to …
First Home Loan Deposit Scheme Extended, Caps Increased Read More »
“All 5,000 places allocated for participating non-major banks within the FHLDS have now been reserved for the 2020-21 financial year”. “The FHLDS aims to provide up to 10,000 first home buyers (FHBs) per financial year with access to housing finance with a deposit of at least 5 per cent”. The FHLDS also supported one in …
Discussing Finance, Mortgage and Properties – EP16 Jack from Champion Group https://www.champion-group.com.au/gladiators-gold-slot-machine
