A new government initiative for first home buyers has launched today. 10,000 first home buyers across Australia will be able to buy their first home using only a 5% deposit, and not requiring mortgage insurance.
 

At this stage, only two lenders are permitted to offer these loans. In February, 25 non-major lenders will also offer these loans.

You may be e...

When you're purchasing a new car, it's easy to arrange your finance in that same car yard, especially with the low interest rates advertised.  However, it could be more cost effective to obtain your loan elsewhere.

When considering your car finance, don't focus on the rate. Instead, ask for the monthly repayment figure. The rates quoted by the car yards...

In the current home loan market, there is strong competition from the lenders to gain your owner occupied home loan business. So interest rates are now much lower than what you were offered when you took out your loan. Unfortunately most lenders will not match those rates that are offered to new customers, so it is worth your while to shop around for a be...

Many Gen Y'errs of today have good jobs and solid incomes. Their job security and income would allow them to obtain a loan large enough to buy in today's market. However, coming up with the deposit and stamp duty is what is holding people back from owning their first home.

Many parents would love to help their children get into the market, but do not feel...

With the recent boom in the Sydney property market, the rental yields are not looking so attractive to investors looking to enter the market. A way to significantly improve your yield is to build a granny flat on the property.

Say you purchased a property this month in Western Sydney. To use real figures, an unrenovated property recently sold in Greystanes...