Unfortunately many people and businesses are going to struggle over the coming months and while we’d all like to think this whole crazy mess will be over soon, I fear the reality is we’re entering into a protracted period of financial challenge, none of us have never seen before.
Buying your first home is an exciting time! Did you know that the Australian Government has two new initiatives that support first home buyers?
The central bank has urged borrowers should be “shopping around” for a lower rate after data sheds light on the interest rate gap between new and existing customers.
The Reserve Bank has cut the official cash rate for the second month in a row, with focus now shifting to the response from the mortgage market.