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October 27, 2020

Now you own your data: the new world of ‘open banking’ explained

The promise of open banking is big; a new, simpler way to share your personal financial data between banks, lenders and financial companies. It started on July 1. Here’s how it works and what it means to […]
October 22, 2020

Back in Action: How long-term low interest rates could benefit your business

In late June, during an online panel discussion hosted by ANU’s Crawford School of Public Policy, RBA Governor Philip Lowe said what many had already assumed: “I think it’s likely we’re going to see interest rates at […]
October 21, 2020

As low as it could go: is now the moment to fix your mortgage rate?

Australia’s cash rate is now the lowest it has been in 23 years, a reaction initially to stunted economic growth and now to the impact of COVID-19 on the local and global economic landscape. As the uncharted […]
October 20, 2020

Future focused: apps and tools to track your finances

It’s never a bad idea to have a little help managing your money – and when you’ve got monthly mortgage repayments to make, balancing the books is extra important. There’s a great range of apps and tools […]
October 6, 2020

The RBA’s interest rate statement for October 2020

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including […]
July 8, 2020

The RBA’s interest rate statement for July 2020

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including […]
July 1, 2020

The $25,000 HomeBuilder Grant explained…

Last month the federal government revealed the details of its fourth economic stimulus package, to be worth a total of $680 million. Called the HomeBuilder program, it is a time-limited grant program designed to help the residential construction market […]
June 3, 2020

The RBA’s interest rate statement for June 2020

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including […]
June 2, 2020

Instant Asset Write-Off + Coronavirus SME Guarantee Scheme…

Claiming the Instant Asset Write-Off of up to $150,000 One of the best tax breaks for small to medium sized business is the instant asset write-off, which is a great way for businesses to acquire capital assets […]
May 19, 2020

Getting it together: what to know before you consolidate

Managing multiple loans can be difficult – and stressful. One way to simplify your financial situation and save yourself time, effort and (hopefully) money is to centralise your debt. But it’s not always the right answer, so […]