The recent interest rate cut is a huge relief for mortgage holders everywhere BUT there may be more good news on the way.
 
Talk of another rate cut in 2008 has been strong right from the time that the RBA announced the first interest rate cut in over 5 years at the start of September.  But [...]

Figures released by the Real Estate Institute of Victoria for the 3 months to June 2008 show divergent trends when it comes to property prices in Melbourne.
 
While properties more than 20km from the CBD fell overall by 1.7% for the quarter, this was in contrast to the price of properties 10-20km from the CBD which [...]

As part of its election platform Kevin Rudd announced the introduction of ‘First Home Saver Accounts’.  The initiative is intended to help people build a bigger deposit for their first home through a combination of Government contributions and low taxes.
 
Final details are yet to be released but is expected that the First Home Saver [...]

NAB has recently launched the Clear Banking Home Loan.  The loan is a no frills mortgage that answers Federal Government calls for banks to allow customers to move more freely from one bank to another without incurring penalty fees.
 
However, whilst the loan has no penalties on exit, there is definitely a “price” paid for taking [...]

I blog therefore I am!. Yes, I have joined the blog world. My goal is to provide ongoing comment on a whole range of financial subjects that are relevant to my clients. But pardon me if I do not limit myself to just this and I add posts about anything from the latest great movie seen, must [...]