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When you consider a ‘hike’, what is the first thing that springs to mind? A walk through the bush or a sharp rise? The RBA lifted the official cash rate by 25 points to .35 percent last week – the first rise in 11 years. While we understand that a rate rise is never a good thing, interest rates are still at historic lows and we wonder if the use of the word ‘hike’ is a necessary one!
It’s no secret, consumers love the ‘buy now, pay later’ option. In recent years this purchasing option has grown from 400,000 users in 2015, to over 2 million Australians utilising this method in 2020.
You may remember back in January we introduced you to the First Home Loan Deposit Scheme (FHLDS). The Australian Government announced the scheme, allowing first home buyers to purchase a property with a deposit as little as 5%.
You may have seen recently that both the State and Federal Governments announced new stimulus grants to help the building industry navigate through the impacts of the Coronavirus. With the details for both grants released and finalised, here is everything you need to know!
Is now the right time to buy your first home? We think so! There are many Government incentives for first home buyers at the moment, so we decided to put them all in one place so it’s clear for you. Read on to get all the facts about living the Australian dream and starting your property portfolio!
Due to the COVID-19 crisis and subsequent government regulations, we’ve seen a lot of financial changes. Sadly many of these changes have been through job and income loss, and are an added stress during an already difficult time.