Category Archives for "Blog"

Is Debt Consolidation Worth It

By Matthew Kenworthy | Finance Tips

Debt consolidation is where many loans are combined into one. The most common circumstance is where multiple unsecured debts (such as personal loans & credit cards) are combined into a single loan to reduce outgoing payments. The single loan is generally secured by residential property. For smaller loan amounts they could also be combined into […]

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Frequent Flyer Home Loans

By Matthew Kenworthy | Finance Tips

Frequent Flyer programs and other reward programs are extremely popular among consumers. Some common points-based programs include: Flybuys Velocity Frequent Flyer Woolworths Everyday Rewards Qantas Frequent Flyer program. Many lenders offer the ability to earn frequent flyer points with your home loan. In some instances, these are upfront bonuses for taking out the home loan […]

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RBA Update April 2017

By Matthew Kenworthy | Reserve Bank News

The Reserve Bank today announced it has decided to leave interest rates on hold. The cash rate has now remained at 1.50% for the past 8 months. The next meeting is scheduled for Tuesday May 2. What Comments Did They Make? By reinforcing strong lending standards, the recently announced supervisory measures should help address the […]

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Out of Cycle Interest Rate Changes

By Matthew Kenworthy | News

The Big Four banks have advised they will be increasing their variable rate home loans. These changes apply to both new & existing customers (with a few exceptions). Many of the non-major lenders are now starting to follow suit. While the Reserve Bank may have left interest rates on hold for the past 7 months. […]

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