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Time to think ahead

We put interest-only loans under the spotlight to explain the why, when and how this type of loan can be useful. You may be aware that interest-only loans came under the scrutiny of banking watchdog APRA early in 2017. In a bid to take the heat out of the property market and protect consumer interests, […]

Housing affordability is an ongoing concern for many Australians, and a hotly debated topic both socially and politically. Despite ongoing debate and speculation regarding future market performance, figures suggest a recent resurgence in first-home buyers. Notwithstanding growing competition resulting from the rise and rise of the property investor, first-home buyers are faced with the very […]

A raft of “buy now, pay later” options like Afterpay and zipPay are giving consumers the opportunity to take their purchases home immediately, and pay them off over time. But, there are downsides that shoppers must be aware of. Late fees can be costly Afterpay allows shoppers to link purchases to their debit or credit […]

The Australian federal government is increasing its efforts to encourage Australians to save for their retirement, amid growing reliance on the public purse for welfare support, including the Age Pension. According to the Association of Superannuation Funds of Australia (ASFA), the average super balance at retirement at December 2015, was $292,500 for men, $138,150 for […]

When it comes to saving money it pays to sweat the small stuff. A raft of everyday banking fees could be gouging a hole in your finances. It pays to get serious about bank fees. We explain what to watch out for to put valuable cash back in your pocket each year. Fees can start […]

We share some common gaffes that could be holding you back from growing savings. If you’re struggling to find spare cash to grow savings, chances are you’re falling prey to a few money mishaps. We highlight the pitfalls to watch out for. The two’fer trap We all love a bargain, but those eye-catching “buy two, […]

If the halfway mark of 2017 sees your savings looking a little lean, you could be caught in one of five money traps.  We identify the hurdles reported by Aussie savers and how to overcome them. As the end of the financial year approaches, now is the ideal time to check your savings progress. If […]

An offer to help you get your superannuation money early might seem like a great idea. But if you agree to it you could end up in a lot of trouble, according to the Australian Securities and Investments Commission (ASIC).