Banks Are Tightening Lending for Borrowers

Banks Are Tightening Lending for Borrowers

Some of Australia’s biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase? ANZ has lowered a key lending cap, indicating it will no longer lend to borrowers...
Financial Hardship Arrangement Report has Change

Financial Hardship Arrangement Report has Change

With interest rates on the way back up, there is no doubt that some households are starting to do it a big tough. Coincidentally, some big changes have kicked in from 1st of July when it comes to recording financial hardship arrangements. In the past, if you were...
How Do You Budget for Interest Rate Rises?

How Do You Budget for Interest Rate Rises?

It is impossible to know how much interest rates will rise, but one thing we know for certain is that they are rising… It is important to look at your budget and financial situation, so you can plan for the increase in your budget. If you are worried about the...
Buying an Investment Property

Buying an Investment Property

You might be considering buying an investment property, but the recent interest rate hikes have made you think twice. We have outlined the reasons why now may still be a good time to buy. There is no denying that rolling rate rises might have some sections of the...