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Penny Spiers
3 March 2020

RBA cuts cash rate to record low amid coronavirus concerns

Penny Spiers
3 March 2020
RBA cuts cash rate to record low amid coronavirus concerns

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as the coronavirus outbreak impacts global financial markets.

Source: https://finance-matters.info/2020/03/03/rba-cuts-cash-rate-to-record-low-amid-coronavirus-concerns/

Penny Spiers
27 February 2020

Employers granted one-off super amnesty

Penny Spiers
27 February 2020
Employers granted one-off super amnesty

Employers who have underpaid their staff superannuation have been granted a one-off amnesty to make things right, but that doesn’t mean they’re completely ‘off the hook’.

Source: https://finance-matters.info/2020/02/27/employers-granted-one-off-super-amnesty/

Penny Spiers
27 February 2020

How long does it take to find and secure your dream home?

Penny Spiers
27 February 2020
How long does it take to find and secure your dream home?

It takes most first home buyers longer than a full working week to house hunt and apply for finance for their ‘dream’ property, according to new research.

Source: https://finance-matters.info/2020/02/27/how-long-does-it-take-to-find-and-secure-your-dream-home/

Penny Spiers
20 February 2020

Downsizers tipped to be a ‘powerful force’ in 2020

Penny Spiers
20 February 2020
Downsizers tipped to be a ‘powerful force’ in 2020

Downsizers are tipped to take advantage of ‘the perfect storm’ and get the most out of the property market this year, predicts the national body representing professional buyers’ agents.

Source: https://finance-matters.info/2020/02/20/downsizers-tipped-to-be-a-powerful-force-in-2020/

Penny Spiers
13 February 2020

Are you being stung by the loyalty tax?

Penny Spiers
13 February 2020
Are you being stung by the loyalty tax?

Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the Reserve Bank of Australia (RBA).

Source: https://finance-matters.info/2020/02/13/are-you-being-stung-by-the-loyalty-tax/

Penny Spiers
6 February 2020

Smaller lenders taking applications for home loan deposit scheme

Penny Spiers
6 February 2020
Smaller lenders taking applications for home loan deposit scheme

Non-major lenders have started offering another 5,000 slots for the First Home Loan Deposit Scheme, which allows first home buyers to purchase a property with a deposit of 5% without having to pay Lenders Mortgage Insurance (LMI).

Source: https://finance-matters.info/2020/02/06/smaller-lenders-now-taking-applications-for-home-loan-deposit-scheme/

Penny Spiers
6 February 2020

Credit scores set for Valentine’s Day boost

Penny Spiers
6 February 2020
Credit scores set for Valentine’s Day boost

Tens of thousands of Aussies have an extra reason to love Valentine’s Day this year, with their credit scores set to jump after civil court filings disappear from their credit file.

Source: https://finance-matters.info/2020/02/06/credit-scores-set-for-valentines-day-boost/

Penny Spiers
30 January 2020

How to increase your property’s value by up to 10%

Penny Spiers
30 January 2020
How to increase your property’s value by up to 10%

Properties with high energy-efficiency ratings typically sell for up to 10% more, a review of international research shows.

Source: https://finance-matters.info/2020/01/30/how-to-increase-your-propertys-value-by-up-to-10/

Penny Spiers
23 January 2020

Why don’t lenders drop my repayments when the interest rate falls?

Penny Spiers
23 January 2020
Why don’t lenders drop my repayments when the interest rate falls?

A question that’s been popping up a bit lately has been ‘why didn’t my lender reduce my repayments when the interest rate fell last year?’

Source: https://finance-matters.info/2020/01/23/why-dont-lenders-drop-my-repayment-when-the-interest-rate-falls/

Penny Spiers
16 January 2020

The race is on: thousands rush to apply for first home loan scheme

Penny Spiers
16 January 2020
The race is on: thousands rush to apply for first home loan scheme

If you’re thinking of taking advantage of the new First Home Loan Deposit Scheme then you better act quick, as thousands of first home buyers have already applied for the 10,000 guarantees available.

Source: https://finance-matters.info/2020/01/16/the-race-is-on-thousands-rush-to-apply-for-first-home-loan-scheme/

Penny Spiers
9 January 2020

How to avoid underinsuring your home

Penny Spiers
9 January 2020
How to avoid underinsuring your home

With Australia currently enduring its worst bushfire season on record, we all want to do our little bit to help out, so today we thought we’d discuss the important topic of underinsurance.

Source: https://finance-matters.info/2020/01/09/how-to-avoid-underinsuring-your-home/

Penny Spiers
2 January 2020

First come, first served: first home buyer scheme now open

Penny Spiers
2 January 2020
First come, first served: first home buyer scheme now open

Applications for the new First Home Loan Deposit Scheme are now open, with 10,000 guarantees available to first home buyers looking to get a leg up into the property market.

Source: https://finance-matters.info/2020/01/01/first-come-first-served-first-home-buyer-scheme-now-open/

Penny Spiers
18 December 2019

Season’s Greetings! Here’s to a prosperous 2020!

Penny Spiers
18 December 2019
Season’s Greetings! Here’s to a prosperous 2020!

With 2019 drawing to a close, we hope you’re shifting into holiday mode and getting ready to relax and unwind (or, at least, looking forward to a few public holidays!).

Source: https://finance-matters.info/2019/12/18/seasons-greetings-heres-to-a-prosperous-2020/

Penny Spiers
18 December 2019

How to spread some free Xmas cheer these holidays

Penny Spiers
18 December 2019
How to spread some free Xmas cheer these holidays

Did you know there’s around $1.1 billion owed to Aussie families in unclaimed shares, bank accounts and life insurance? With the festive season just around the corner, here’s how to find some long lost funds for you and your family in less than one minute.

Source: https://finance-matters.info/2019/12/18/how-to-spread-some-free-xmas-cheer-these-holidays/

Penny Spiers
12 December 2019

Could you flick Netflix? ASIC updates responsible lending guidance

Penny Spiers
12 December 2019
Could you flick Netflix? ASIC updates responsible lending guidance

Could you say goodbye to Netflix to take out a loan? That’s one example corporate watchdog ASIC has included in its responsible lending update.

Source: https://finance-matters.info/2019/12/12/could-you-flick-netflix-asic-updates-responsible-lending-guidance/

Penny Spiers
5 December 2019

Swipe right to buy your first home

Penny Spiers
5 December 2019
Swipe right to buy your first home

A new web platform described as a ‘dating app but for home-ownership’ says it can help users enter the property market in half the time it usually takes.

Source: https://finance-matters.info/2019/12/05/swipe-right-to-buy-your-first-home/

Penny Spiers
5 December 2019

Banks ‘too cautious’ on SME loans: financial regulators

Penny Spiers
5 December 2019
Banks ‘too cautious’ on SME loans: financial regulators

The country’s top financial regulators are concerned banks are ‘too cautious’ when it comes to loans for small business borrowers.

Source: https://finance-matters.info/2019/12/05/banks-too-cautious-on-sme-loans-financial-regulators/

Penny Spiers
28 November 2019

The ‘Airbnb of pools’ splashes into Australia

Penny Spiers
28 November 2019
The ‘Airbnb of pools’ splashes into Australia

Got a pool you’re constantly scooping leaves out of but never use? Or perhaps you’re looking to cool off this summer in the privacy of someone else’s backyard. Well, a new pool-sharing app has just launched in Australia.

Source: https://finance-matters.info/2019/11/28/the-airbnb-of-pools-splashes-into-australia/

Penny Spiers
21 November 2019

SMEs in financial trouble urged to seek a helping hand early

Penny Spiers
21 November 2019
SMEs in financial trouble urged to seek a helping hand early

Small business owners experiencing financial difficulties are often leaving it too late to seek help from a trusted adviser before going bust.

Source: https://finance-matters.info/2019/11/21/smes-in-financial-trouble-urged-to-seek-a-helping-hand-early/

Penny Spiers
21 November 2019

Greater protections for borrowers under new debt collection guidelines

Penny Spiers
21 November 2019
Greater protections for borrowers under new debt collection guidelines

Borrowers struggling to stay afloat will be offered greater protection from debt collection agencies under new guidelines being applied by Australian banks.

Source: https://finance-matters.info/2019/11/21/greater-protections-for-borrowers-under-new-debt-collection-guidelines/

Older Posts
Featured
RBA cuts cash rate to record low amid coronavirus concerns
Mar 3, 2020
RBA cuts cash rate to record low amid coronavirus concerns
Mar 3, 2020

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as the coronavirus outbreak impacts global financial markets.

Mar 3, 2020
Employers granted one-off super amnesty
Feb 27, 2020
Employers granted one-off super amnesty
Feb 27, 2020

Employers who have underpaid their staff superannuation have been granted a one-off amnesty to make things right, but that doesn’t mean they’re completely ‘off the hook’.

Feb 27, 2020
How long does it take to find and secure your dream home?
Feb 27, 2020
How long does it take to find and secure your dream home?
Feb 27, 2020

It takes most first home buyers longer than a full working week to house hunt and apply for finance for their ‘dream’ property, according to new research.

Feb 27, 2020
Downsizers tipped to be a ‘powerful force’ in 2020
Feb 20, 2020
Downsizers tipped to be a ‘powerful force’ in 2020
Feb 20, 2020

Downsizers are tipped to take advantage of ‘the perfect storm’ and get the most out of the property market this year, predicts the national body representing professional buyers’ agents.

Feb 20, 2020
Are you being stung by the loyalty tax?
Feb 13, 2020
Are you being stung by the loyalty tax?
Feb 13, 2020

Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the Reserve Bank of Australia (RBA).

Feb 13, 2020
Smaller lenders taking applications for home loan deposit scheme
Feb 6, 2020
Smaller lenders taking applications for home loan deposit scheme
Feb 6, 2020

Non-major lenders have started offering another 5,000 slots for the First Home Loan Deposit Scheme, which allows first home buyers to purchase a property with a deposit of 5% without having to pay Lenders Mortgage Insurance (LMI).

Feb 6, 2020
Credit scores set for Valentine’s Day boost
Feb 6, 2020
Credit scores set for Valentine’s Day boost
Feb 6, 2020

Tens of thousands of Aussies have an extra reason to love Valentine’s Day this year, with their credit scores set to jump after civil court filings disappear from their credit file.

Feb 6, 2020
How to increase your property’s value by up to 10%
Jan 30, 2020
How to increase your property’s value by up to 10%
Jan 30, 2020

Properties with high energy-efficiency ratings typically sell for up to 10% more, a review of international research shows.

Jan 30, 2020
Why don’t lenders drop my repayments when the interest rate falls?
Jan 23, 2020
Why don’t lenders drop my repayments when the interest rate falls?
Jan 23, 2020

A question that’s been popping up a bit lately has been ‘why didn’t my lender reduce my repayments when the interest rate fell last year?’

Jan 23, 2020
The race is on: thousands rush to apply for first home loan scheme
Jan 16, 2020
The race is on: thousands rush to apply for first home loan scheme
Jan 16, 2020

If you’re thinking of taking advantage of the new First Home Loan Deposit Scheme then you better act quick, as thousands of first home buyers have already applied for the 10,000 guarantees available.

Jan 16, 2020
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Penny Spiers (523630) Rachel Sculley (546459) & Foxx Financial Pty Ltd (529466) are credit representatives of NewCo Financial Services Pty Limited Australian Credit Licence 385054 ABN 90 095 713 447