In my role I often hear about the barriers that people encounter when it comes to building their nest egg, and one of the most common hurdles is debt, or more specifically, how to service their debt in a way that is manageable and at the same time efficient. Credit card bills. Car loan repayments. Home loan repayments. Add them together and they can really eat into your cashflow. That means less money to spend on you and your family, and ultimately less money to save or inves
Over the 28 days ending 3 April 2016, total advertised housing stock levels were -4.2% lower on a national basis relative to last year, with the total volume of newly advertised listings being added to the market were -2.2% lower than a year ago. On the other hand, across the nation’s capital city markets, total stock available is currently 1.3% higher than one year ago, while new listings are tracking relatively steady, just -0.2% lower year on year. Despite the total levels
Content from Core Logic 05 April 2016 Each quarter the Reserve Bank (RBA) releases its selected ratios of household finances. The latest data for December 2015 shows the ratio of household and housing debt to disposable income has continued to climb. The latest ratios of household finances highlight that the ratio of debt to disposable income is at a record high however, the value of household assets is also at a record high level. Meanwhile with record low interest rates, th
The Commonwealth Bank has followed in the footsteps of Westpac in announcing that interest rates will rise on some of its home loans for both investors and owner-occupiers.
Commonwealth Bank yesterday announced that it will increase the standard variable interest rate for home owners and investors by 0.15%.
The increase means that from 20 November, owner-occupiers will face a standard variable interest rate of 5.60% per annum, while investors with a standard variable r
Bluestone is always looking for ways to help you, help your clients. This is why we have re-launched our 'Business Easy' loan which is designed for self employed borrowers, companies and trusts, who have been trading for less than 12 months with an ABN registered for a minimum of 3 months.
We understand it can be difficult for small business owners to get finance approved. Bluestone can help by assisting them in securing a loan that can help fund their business and help th