The right financial solution

Lender of the Month Q Bank

QBank have some great policies and niches. We summarise why they stand out as follows. QBank lend to QLD Essential Services (Police, Fire, Health, Ambulance and Corrective Services). All Government Employees ( State and Local). All QLD universities except Bond. Government owned bodies eg Energex, QLD Rail. Clients working in the health industry Private and Public or previous employment in any of the above fields. read more

Housing affordability hits record low

Housing affordability in Australia has reached its lowest level on record, according to the latest PropTrack housing affordability index. A combination of high mortgage rates – at levels not seen since 2011 – and rapid home price increases has severely restricted the ability of households to purchase property. Over the past year, the national median home price has surged by approximately $50,000, leaving households able to afford only the smallest share of homes since records began. read more

How much do you need to be rich these days? and How much money is enough?

Average household wealth, and what it takes to rank among Australia's wealthiest 1%. Being a billionaire isn't what it used to be. Back in 1990, Australia had one of them the late media mogul Kerry Packer. But these days Australia has lots. According to the just released Australian Financial Review Rich List, there are now 150 individuals and families with an estimated wealth topping $1 billion. Collectively they control more than $600 billion in assets. This year's entry point just to make it onto the AFR's list of Australia's richest 200 was $718 million. read more