RBA rate cut

RBA rate cut.

RBA Rate Cut. It’s the news homeowners across the nation love hearing. The Reserve Bank of Australia (RBA) has slashed the cash rate 0.25 percentage points, bringing it down to 3.85 per cent. The announcement comes after inflation continued to drop in the March quarter. Read today’s official statement on the RBA’s website   The […]

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How do construction loans work?

How do construction loans work?

If you’re planning to build your own home, a construction loan could help finance your project. Unlike standard home loans, construction loans provide funds progressively in stages as your new home is built. Here are a few of the key points you should consider. A quick guide to construction loans Construction loans differ significantly from

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Negative gearing explained

Negative gearing explained

Negative gearing is a popular investment strategy in Australia, but it’s also a term that often comes up in the media, particularly when there’s an election looming, like right now. Let’s take a look at what it means, what capital gains tax (CGT) is and why you need to know about these terms if you

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What is equity?

What is equity?

The equity in your home can be used to secure finance for a variety of things. It might be a home extension. An investment property. A new car or another big-ticket purchase. Knowing how to use your equity effectively and making it work for you could be an invaluable wealth-building tool. Let’s look at what

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The tiny house movement

The tiny house movement

As housing prices continue to soar, many people are increasingly considering whether to buy a tiny home to live in or as a holiday home. The tiny house movement has been around for some time now, but despite its growing popularity, legislation is yet to catch up. This has left many confused about what’s legal

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