Finance

Australians should be wary of racking up credit card debt because interest rates can be higher than 20 per cent.

How using a credit card got me into serious financial trouble

March 26, 2019

Youthful Australians seeking to get by way of the hardest monetary time of the 12 months ought to be cautious of counting on bank cards, specialists say. New analysis by monetary companies agency Canstar discovered a majority of Aussies aged underneath 25 are steering away from credit score — solely 10 per cent have a […]

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Savers have been hit by falling interest rates on their cash in the bank.

Financial institutions cut term deposit interest rates

March 2, 2019

Savers have already been hit by falling rates of interest within the new yr as returns on money within the financial institution sink even decrease. Whereas mortgage clients rejoice when there’s rate of interest drops, for savers it’s the alternative. Consultants have urged deposit holders to evaluate their charges as banks quietly cut back them, […]

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Being able to switch mobile carriers more easily will help customers save money.

How you can switch phone carriers instantly

January 24, 2019

MOBILE telephone prospects might quickly be capable of decide and change telcos right away. Acquiring a brand new SIM card and migrating to a brand new provider stays a barrier for a lot of complacent customers who can’t be bothered switching to avoid wasting. However the arrival of eSIM succesful telephones might quickly enable customers […]

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And the bathroom looks presentable

The agent says this unit is ‘absolutely shocking’ but it’s in hot demand

December 3, 2018

  Even its agent says the situation of this Potts Level condominium in Sydney with a 50,00zero value information is “completely stunning” and the ground is so unstable it’s like “strolling on egg shells”. However the derelict 50 sqm area at 9/5 Wylde St does have some redeeming options. “You may contact the Harbour Bridge,” […]

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Brisbane’s ‘Great Gatsby Mansion” listed for 1m

November 13, 2018

The house owners of certainly one of Brisbane’s most extravagant riverside houses, which has been dubbed The Nice Gatsby Mansion, are looking for 1 million for the property. The asking value was revealed after it was listed with a brand new actual property agent, Emil Juresic of NGU Actual Property Toowong. 50 Dauphin Terrace has […]

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Interest-only loans set to expire costing borrowers much more

October 14, 2018

TWO-thirds of interest-only funding house loans are on account of have their interest-only durations expire by 2020, which is able to push up debtors’ repayments. Reserve Financial institution of Australia assistant governor Christopher Kent warned final yr this might enhance traders’ repayments on a 00,000 30-year mortgage with a five-year interest-only interval by about 000 […]

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With cost of living high, wage growth low and more households battling mortgage stress than ever, the increased repayments could hit hard.

The property market’s ‘ticking time bomb’ will hurt a million Aussies

June 2, 2018

ALMOST a million Australian owners might be dealt a severe price range blow at first of subsequent yr, and it could possibly be the struggling property market’s “ticking time bomb”. Evaluation by comparability web site finder.com.au discovered that of the 06 billion value of latest dwelling loans accredited in 2014-15, a worrying 42 per cent […]

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