Category Archives: Newsletter

You can’t lose with property right?…

I know we’ve been going on about the ‘lending war’ quite a bit [ie. banks cutting variable rates to 6.75% & 3yr fixed rates from 6.29%] so we thought we’d turn our attention to the Adelaide property market this month. Let’s not beat around the bush, the property market is...
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Why they want you so bad!…

There’s a battle going on out their in the finance world and it’s you they are after! This week the Commonwealth Bank vowed to beat the home loan rates of its rival majors for the duration of the month. The bank has issued a guarantee that it will beat any...
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Are we heading towards a property crash…

Australia’s housing market has slowed in recent months amid faltering auction clearance results, slumping new home loans and falling home prices. ABS figures for the March 2011 quarter show loan volumes dropped by 3% in Adelaide while house prices fell by 1%. That’s the technical stuff but what does it...
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Loans to become more expensive while 1 in 5 struggle…

The government’s focus on ‘competition’ appears to have done little to help the non-banks. The latest data from the Australian Bureau of Statistics [ABS] showed the nation’s smaller lenders continue to lose ground on the majors. In fact, Australia’s banks accounted for 90.2 per cent of all housing loans transacted...
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Don’t let rising interest rates get you down…

Analysts are forecasting interest rates to rise by at least 1% by the end of the year. At which point the average variable rate would have climbed to around 8.2-8.5% – pre-GFC levels! If you’re concerned about rising interest rates rest assured you do have options at your disposal. Currently...
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2011 could be your best year yet…

It’s certainly been an interesting year for all things finance and property related. We saw the cash rate increase from 3.75% to 4.75% as the RBA raised interest rates a total of four times in response to Australia’s growing economy. We were also witness to the power of big banking...
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