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Finance Articles

Understanding Loan Comparison: A Guide for New Borrowers
Understanding Loan Comparison: A Guide for New Borrowers
For new borrowers, stepping into the world of loans can be overwhelming. There are numerous options available, and each comes with its own set of terms, interest rates, and features. - read more
Practical Financial Advice for Every Australian: From First Loans to Retirement
Practical Financial Advice for Every Australian: From First Loans to Retirement
Welcome to the beginning of your financial journey. As an Australian, understanding the nuances of financial planning is pivotal to securing your economic future. Whether you're applying for your first loan or on the cusp of retirement, the financial decisions you make will have a lasting impact on your life. This guide aims to walk you through each stage, providing practical advice that you can apply to your own circumstances. - read more
The Power of a Good Credit Score: Tips to Maintain and Protect Yours
The Power of a Good Credit Score: Tips to Maintain and Protect Yours
Credit scores play a crucial role in the financial journey of any individual, especially in Australia where they serve as a snapshot of your financial reliability. This numerical expression based on a level analysis of a person's credit files has a far-reaching impact on various aspects of financial borrowings. - read more
Smart Saving for Big Purchases: Training Your Dollars to Work Harder
Smart Saving for Big Purchases: Training Your Dollars to Work Harder
With the rising costs of living and the all-too-familiar financial hurdles, saving for large purchases can seem like a daunting task for many Australians. From buying a new car to securing the deposit on a home, significant expenses require a level of financial commitment and foresight that goes beyond everyday spending. - read more
Loan Management Tips for Australian Freelancers and Self-Employed
Loan Management Tips for Australian Freelancers and Self-Employed
Freelancers and self-employed individuals in Australia often navigate a unique set of financial challenges. The unpredictable nature of income can make budgeting and long-term financial planning more difficult compared to those with a steady paycheck. As work comes and goes in fluctuating cycles, financial stability can sometimes feel elusive. - read more

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Finance News

RBA Holds Cash Rate Steady Amid Inflationary Pressures
RBA Holds Cash Rate Steady Amid Inflationary Pressures
08 Dec 2025: Paige Estritori
The Reserve Bank of Australia (RBA) is anticipated to maintain its cash rate at 3.60% during the upcoming December 9 meeting, with projections indicating this rate will persist through 2026. This outlook marks a shift from earlier expectations of potential rate cuts in 2026, influenced by higher-than-expected inflation and a robust economic environment. - read more
APRA Implements New Cap on High DTI Home Loans
APRA Implements New Cap on High DTI Home Loans
08 Dec 2025: Paige Estritori
In response to escalating property prices and accelerated credit growth, the Australian Prudential Regulation Authority (APRA) has announced a new regulatory measure to cap high debt-to-income (DTI) home loans. Effective February 2026, banks and authorized institutions will be restricted to issuing no more than 20% of new home loans with DTI ratios of six times or higher. - read more
ASIC Highlights Concerns in Rapidly Growing Private Lending Sector
ASIC Highlights Concerns in Rapidly Growing Private Lending Sector
08 Dec 2025: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the private lending sector, revealing significant inconsistencies and deficiencies. This scrutiny comes in response to the sector's rapid growth, with private credit extending approximately $200 billion in loans, primarily to higher-risk real estate players and property developers. - read more
APRA's New Cap on High DTI Home Loans: What Borrowers Need to Know
APRA's New Cap on High DTI Home Loans: What Borrowers Need to Know
30 Nov 2025: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks in the housing market. Effective February 2026, APRA will implement a cap on high debt-to-income (DTI) home loans, limiting banks to issuing no more than 20% of new home loans with DTI ratios of six times or higher. This measure applies to both owner-occupier and investor loans, excluding new housing developments. - read more
CBA's Profit Marginally Up Despite Intense Mortgage Market Competition
CBA's Profit Marginally Up Despite Intense Mortgage Market Competition
30 Nov 2025: Paige Estritori
The Commonwealth Bank of Australia (CBA), the nation's largest lender, has reported a modest increase in its first-quarter cash profit, driven by robust growth in home loans and household deposits. The unaudited cash profit for the quarter reached approximately A$2.6 billion, marking a 1% rise from the previous two-quarter average and a 2% increase compared to the same period last year. - read more

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Interest Rate Lock:
An agreement between a borrower and a lender that allows the borrower to lock in the interest rate on a mortgage for a specified time period.


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