Mortgage reduction strategies

Make your dream of debt free home ownership a reality with a few simple mortgage reduction strategies.The longer you take to pay off the principle amount you have borrowed for your home the more interest you will end up paying. It therefore makes sense to try and put a dint in your mortgage as quick […]

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Budget a big disappointment

This was an article from The Advisor magazine and it states that the housing industry commentators have slammed the Federal Government for failing to address the growing housing affordability issue in the 2011 budget. In announcing the recent budget, Treasurer Wayne Swan placed an emphasis on skills, training, and skilled immigration, as well as improvements […]


Avoid the holiday hangover

There is no doubt that holidays help you achieve a better work/life balance but while it’s important to get away, coming home to financial strain will be a burden. But with the right approach you can treat the family to a well deserved holiday without breaking the bank. The journey begins with a frank assessment […]

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Westpac, ANZ report strong profits

An article from The Adviser reports Westpac has followed in ANZ’s footsteps, announcing a strong net profit for the first half of the 2011 financial year. ANZ recorded a 38 per cent increase in its first half year profits to 2.64 billion. Similarly, Westpac also announced a 38 per cent increase in statutory net profit […]


Westpac, ANZ report strong profits

An article from The Adviser reports Westpac has followed in ANZ’s footsteps, announcing a strong net profit for the first half of the 2011 financial year. ANZ recorded a 38 per cent increase in its first half year profits to 2.64 billion. Similarly, Westpac also announced a 38 per cent increase in statutory net profit […]

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Exit fee ban could force up rates

According to the Advisor, the ABC has reported that the Federal Government’s plans to abolish exit fees could have an adverse impact on first home buyers. While the Government is hopeful its blanket ban on exit fees will encourage consumers to switch loans and get a better deal, Treasury documents obtained by the ABC, show […]


Banks ‘drag feet’ on discharges

In an article by Adam Smith from Australian Broker News he states that the Finance Brokers Association of Australia’s president Peter White has accused banks of dragging their feet in discharging loans. White told Australian Broker News that even following the 1st July ban on exit fees, banks will make it difficult for borrowers to […]

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Brokers prove popular with borrowers

In an article by the Advisor the popularity of mortgage brokers has grown significantly in the last three years, according to the latest MFAA/Bankwest Home Finance index. The index found the overall proportion of consumers understanding the benefits of using a broker is now at its highest level, sitting at 35.7 per cent- considerably higher […]


Financial Ombudsman Service compares lenders’dispute performance

In an article recently from Brokernews it states that the Financial Ombudsman Service (FOS) has released its annual review, showing how lenders performed in terms of disputes brought to the service. As part of the new ASIC regulations, the FOS has published comparative tables showing the dispute performance of major financial service providers for the […]

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MAXIMISE YOUR RENO POTENTIAL

A smart renovation can add thousands to your property if you set a solid plan from the outset. Renovating is a national pastime- just one look at a TV guide and the plethora of shows dedicated to renovating will instantly highlight this. The process of turning an old house into a new one is engrained […]