It's not easy being a first home buyer in today's world?Buying your first home can be one of the most stressful experiences of your life. I can recall how stressful it was for me when I purchased my first home. It was almost 30 years ago now, and property prices were a hell of a lot [...]
Bank fees, the silent killer Bank fees, the silent killer. Australia's banks have become incredibly profitable and powerful in recent years, generating billion-dollar profits year after year. This has seen them become some of the most profitable and powerful financial institutions in the world. Banks, by and large, make money by securing deposits, on which [...]
Capital city value edge lower The value of dwellings across Australia capital has touched their lowest point since late 2012 according to CoreLogic’s latest Home Value Index, sliding 0.01% in April. The recent low follows a steady decline over the past several months, a comedown from historic heights. In contrast, the regional property index is pushing [...]
APRA announces, it will remove the 10% investor cap restriction This week, APRA announced that it would be removing its 10 per cent benchmark on investor loan growth for banks as long as they can “provide assurance on the strength of their lending standards”. For those of you unaware of the 10 per cent benchmark means. [...]
What Aussies are talking about when it comes to property The question on everyone’s lips, is Australia heading for a property crash? What is really going on in the property market with so much talk about property crashes, oversupply of property, especially apartments, affordability and rising household debt. Conditions need to turn pretty bad for [...]
Perils of buying a house with rose-coloured glasses ME Bank has conducted research that shows over half of Australian home buyers spend the same amount of time inspecting a property as they do watching an episode via Netflix. The survey of 1,000 property owners revealed that once they found their property, 58% spent less than 60 [...]
What is your current your home loan interest rate? What is your current your home loan interest rate? Many Australians won’t be able to answer this simple question, some don’t even know if their loan repayment are P&I or Interest Only, and whether their interest rate is competitive or not. Therefore, many Australians are paying [...]
The Regulators are flexing their muscles - Why? You would have to be living on Mars not to know that most of Australia is experiencing, and has been for some time now, a property boom which has caused great concerns for Regulators like APRA. So much so, that our Regulators have grave concerns for the future [...]
Mortgage stress, what is it? While the term itself has no concrete definition, it is widely accepted that mortgage stress occurs when 30% or more of your pre-tax income is going towards your monthly mortgage repayments. This is based on affordability guidelines from the ’80s and ’90s, and has proven to be a reliable way of [...]
Are you retirement ready? Retirement is coming whether you like it or not, figuring out how much you may need when you retire requires planning and thought, but having an idea of what sort of lifestyle you would like at that stage of your life can be a good starting point. The Association of Superannuation Funds [...]
MFFA Membership Number 50217
AFCA Membership Number 42572
ASIC Australian Credit Licence 383120
Babilon Pty Ltd T/A Vanquish Finance Group, Australian Credit Licence Number 383120 is hereby licenced as an Australian Credit license pursuant to the National Consumer Credit Protection Act 2009. The information on this website does not take into account the objectives, financial situation and or needs of any person. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation and or needs.
© Copyright 2012 – 2023 | Vanquish Finance Group All Rights Reserved | Powered by WordPress