As read in MortgageBusiness online – A new research has revealed that nearly a third of Australians are planning to save their tax rebates this year, with 1 in 10 putting it towards mortgage repayments. In a survey of 2,005 people, undertaken by comparison website finder.com.au, more than three-quarters (77 per cent) believed they would […]
As read in MortgageBusiness online – Individual investors with residential investment properties will no longer be able to deduct travel expenses, including travel costs associated with inspecting and maintaining properties, the government has confirmed. The Turnbull government has released draft legislation for the housing affordability and tax integrity measures announced in the 2017/18 budget. The […]
As read in the Aust Broker Online -Rate cuts by multiple Australian lenders have enticed more borrowers into this type of home loan, new research from Mortgage Choice has found. Looking at the latest national home loan approval data, the mortgage franchise found that variable rate home loans accounted for just over 75% of all mortgages written […]
Economics has said that banks “know no one likes them” but would be subject to a huge As read in Mortgagbusiness OnlineThe head of the economics unit at BIS Oxford backlash if they continue to increase standard variable rates out of cycle. Richard Robinson told Mortgage Business that the central bank “doesn’t need to be in […]
