Redraw Facility for a home loan, how it works and why it’s a handy loan feature. It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained A redraw facility lets you make additional repayments to reduce your variable rate home loan balance […]
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The 2017-2018 Federal Budget that was announced by the Treasurer Scott Morrison should be of interest to first home buyers who are saving for their first home. To make the task of saving for their first home easier, eligible first home buyers will be able to divert their pre-tax income towards a special savings account. […]
3d May 2016 Reserve Bank of Australia lowers the cash rate by 25 basis points to 1.75 per cent effective 4th May 2016, the Reserve Bank stating that this follows information showing inflationary pressures are lower than expected. Read More