After a challenging year, the RBA has met for the final time in 2020 and decided to leave the cash rate unchanged. After reducing the rate three times during the year, including to a record low of .10% last month, the RBA opted to wait until its next meeting in…
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Things you say without realising you're quoting Shakespeare A playwright, poet and actor, William Shakespeare is widely considered the greatest writer in the English language. And unknowingly, many of us quote him daily, with our modern vernacular riddled with lines from the Bard's plays. Following are a few, how many…
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Mortgage approval rules are set to be relaxed to try to help the economy recover from COVID-19. But is this a good thing? To help counter the effects of COVID-19 on the economy, the Federal Government has announced plans to loosen the responsible lending laws governing the loan approval processes.…
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Helping your kids get a handle on money can set them up with good habits that last forever. It's no surprise to learn that the younger you start teaching kids about money - how it works and how to manage it - the better prepared they are for the rest…
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Australia has gone into recession for the first time in 28 years. What effect could it have on you? Australia has had a very good run when it comes to continued economic growth. Twenty-eight years without a recession is a record achievement, with the previous one in 1991. So what…
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RRP $19.99 First published in 1980, this iconic book has been loved for generations and is the go-to kids' birthday cake bible for so many Aussies. Its success is a phenomenon. Since the book's release 40 years ago it has sold more than half a million copies. A 40th-anniversary edition…
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Congrats to our November Winner - Richelle wins a $500 Coles Myer voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winner is Richelle,…
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As the country tunes in for the 2020 Melbourne Cup, the cash rate decision for November has been announced and rates have been cut. In response to the economic impact being caused by the COVID-19 crisis, the RBA reduced the cash rate by 0.15% to a new record low of…
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Congrats to our October Winner - Shell wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winner is Shell, and…
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The Reserve Bank of Australia has today kept the cash rate at 0.25% for the 7th straight meeting in a row. The RBA was widely predicted to reduce the rate further in October or November, although with the Federal Budget due today, the majority favoured a Melbourne Cup rate cut…
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