The US economy is one of the biggest markets in the world. A shift in its policies, particularly in interest rates, creates a ripple effect on the entire world. When the US suffered from a financial crisis in 2008, the Federal government had to cut
The First Home Super Saver Scheme (FHSS) is a scheme that the Australian government introduced to help aspiring first homebuyers save much faster for a deposit. How does it work? By allowing you to save some of your income in your superannuation fund. The taxes
We’ve seen the soaring prices of fuel in the past months ever since the war Russia waged on Ukraine began. Naturally, all other industries have been suffering from high production costs because of this. With the 2022 Federal Budget is set, could things be looking
If owning a house was easy, every adult in the country would be a homeowner now. However, the rising prices of properties in the market get in the way of every aspiring homeowner. Not only that, but the required deposit relative to income is also
With the recent announcement of various new initiatives in this year’s Financial Budget. First Home buyers are offered some relief to help them enter Australia’s red hot property market. Treasurer Josh Frydenberg told the parliament that there will be 3 key measures to assist first
In recent news, investors are storming the lending market, as new home loans have surged to a record high of $30.23 billion in the month of March, as reported by the Australian Bureau of Statistics(ABS). New mortgage commitments rose by 5.5% across that month. This