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Latest News

Latest News

Open Banking is here

1 July, marked the official launch of the Consumer Data Right (CDR), ushering in a new era of open banking in which consumers are able to use their data to their advantage to access more personalised financial products and services.

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Refinancing

Data recently made available from the Australian Bureau of Statistics (ABS) revealed that the total number and value of refinanced home loans peaked in May 2020, with refinancing activity posting its largest month-on-month increase in nearly 20 years and rocketing more than 90% year on year.

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Costs of a renovation to consider

There are different ways to renovate which will affect how you manage costs. A builder with a contract means the cost is fixed. But if you choose to DIY, then you'll need to manage the budget yourself. So let's look at how to master your renovation.

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48 per cent do not have a will

New research has revealed that while many Australians are pushed to organise their wills around the time of buying their first property, nearly half of mortgagors within the country don't have any such document.

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Sequencing Risk explained

With the recent falls in domestic and global investment markets we are now starting to hear reports about people who are experiencing large and unexpected declines in the value of the underlying investment portfolio of their retirement income funds because they were not constructed to withstand episodes of short or long-term below average market returns.

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