Australian workers have received a financial boost, with wages rising faster than expected in the March quarter. But while this is welcome news for households, it’s also raising questions about the Reserve Bank of Australia’s (RBA) next move on interest
Australia’s housing sector is facing renewed pressure after the latest data revealed a sharp drop in dwelling approvals for March. According to the Australian Bureau of Statistics, total approvals fell to 15,220 — a six-month low and well below the
Your credit score can impact everything from loan approvals to renting a home. Here are 8 practical steps to keep your credit record in good shape: 1️⃣ Pay your bills on time – It’s the simplest way to protect your
Australia’s job market is showing signs of cooling — at least on the surface. According to the Australian Bureau of Statistics, there were 328,900 job vacancies in February 2025, marking a 4.5% decline from the previous quarter and a 9.2%
In the face of ongoing economic pressures, the Reserve Bank of Australia (RBA) has delivered some reassuring news for business owners: most businesses remain profitable. In its latest Financial Stability Review, the RBA has highlighted how Australian businesses are adapting
The latest inflation figures from the Australian Bureau of Statistics offer more encouraging signs in the battle against inflation, and they could have important implications for borrowers, homeowners, and investors in the coming months. Inflation Continues to Cool In February,
If you’ve been thinking about building a home, there’s some encouraging news on the cost front. According to the Cordell Construction Cost Index, residential construction costs rose by just 0.4% in the March quarter of 2025. That’s the smallest quarterly
The Reserve Bank of Australia (RBA) has delivered some reassuring news for homeowners in its latest Financial Stability Review: most mortgage holders are in a strong position to handle a range of economic challenges. The Key Findings According to the
Big changes are here. From 1 April 2025, the Australian Government has introduced a 2-year ban on foreign purchases of established homes, along with higher fees and stricter compliance. 🔒 What’s changing? • Ban applies to foreign individuals and entities
Ever heard of a redraw facility on your home loan but not quite sure what it means? Let’s break it down 👇 A redraw facility lets you access any extra repayments you’ve made on your mortgage. So if you’ve been
