Category: Blog

The Reserve Bank of Australia’s next cash rate decision on April 1 will be big news, given the possibility of a rate cut. In the meantime, here’s what else is making headlines: Research exposes big gap between average and lowest variable rates The gap between the average variable interest rate and lowest variable rate on… Continue reading Bank LMI Waivers, Rising Building Approvals, and the Growing Gap in Interest Rates

Talk has already started about possible rate cuts in 2025, but there’s no guarantee this will occur, as the Reserve Bank of Australia is being cautious. In other news:Rents hit record-high despite market slowdownList of first home buyer grantsFive signs it’s time to refinanceMarket predicted to favour buyers in 2025. Rental Market slowing despite rents… Continue reading Welcome to 2025. Is this the year we see rate cuts?

Stamp duty is both an increasingly expensive tax and a highly inefficient one, according to joint research by the e61 Institute and PropTrack. Four decades ago, the average buyer in Sydney, Melbourne, Brisbane and Adelaide needed to work for about one month to afford to pay stamp duty, based on comparing the average post-tax income… Continue reading New Research Takes Aim at Stamp Duty

There are several reasons why you might consider refinancing your home loan. Whether you aim to reassess the performance of your variable-rate loan, your fixed-rate loan is nearing maturity, or you want to release funds for other projects, at FIA, we handle the groundwork on your behalf. Why would I consider refinancing my home loan?… Continue reading Refinancing your Home Loan

There’s no doubt about it – property is a popular investment strategy for many Australians. Many people have built wealth in the historically relatively stable long-term asset class as part of their investment portfolio. To get the most out of your investment, it is important you get the finance right – that’s where we can… Continue reading Investing in Property

Laying the groundwork for a brighter future? For many people, the ability to build a new home tailored to their preferences is an ideal situation. For others, renovating their current home to better suit their lifestyle can make all the difference. Choosing the right construction or renovation loan. Here at Finance Industries we can help… Continue reading Financing your Construction or Renovation

On the 19th of March the RBA left the official cash rate unchanged. The current official cash rate as determined by the Reserve Bank of Australia (RBA) is 4.35%. In 2023, homeowners and hopeful first-time buyers encountered notable shifts. The Reserve Bank of Australia (RBA) raised the cash rate from 3.10% to 4.35% over eleven months… Continue reading Is 2024 the Year to Buy Property?

In the first cash rate announcement of the year, the Reserve Bank of Australia (RBA) has held the cash rate at 4.35%. This follows the release of inflationary data that shows the rate of annual inflation decreased in November (4.3%) compared to October (4.9%). As 2023 becomes a memory and we are full swing into… Continue reading Property and cash rate predictions for 2024

According to Roy T. Bennett, “Dreams don’t work unless you take action.” So – new vs used: In this second and final installment – let’s take a look at some of the pros and cons of buying a used car. Buying used: The pros Buying used: The cons These may not affect the way the… Continue reading Are you a dreamer or a driver of your own success? Part II

So – new vs used: Which car lives up to your dreams and more importantly – will get you where you need to be? New or used? It’s a question that almost all car buyers ask themselves at some point, and there are arguments for each. Based on our experience, and with the combined help… Continue reading Are you a dreamer or a driver of your own success? Part I