by staxhomeloans | Nov 18, 2020 | Blog
We dream big in Australia. So it’s little surprise that when the Great Australian Dream becomes a reality it means bigger houses than anywhere else in the world, according to a new report. In 2019/20, the average new house built measured a whopping 236m2, up 2.9% on...
by staxhomeloans | Nov 5, 2020 | Blog
Mortgage holders and business operators are being encouraged by the RBA to switch lenders if their bank doesn’t pass on the latest cash rate cut. The Reserve Bank of Australia (RBA) delivered mortgage holders and business operators a Melbourne Cup Day win by cutting...
by staxhomeloans | Nov 3, 2020 | Blog
If you didn’t back a winner on Melbourne Cup Day then fret not: the Reserve Bank of Australia (RBA) has delivered mortgage holders a win by cutting the official cash rate by 15 basis points to a new record low of 0.10%. RBA Governor Philip Lowe says the cash rate cut...
by staxhomeloans | Oct 28, 2020 | Blog
Great news for homeowners and prospective buyers: housing affordability is at its best level in a decade and should continue to improve throughout 2021. Housing affordability improved in all major Australian cities over the year to September 2020 despite the ongoing...
by staxhomeloans | Oct 22, 2020 | Blog
Small business owners in need of credit will be buoyed by new data that shows the approval rate for loans has remained strong throughout the coronavirus crisis. In fact, about 70% of SME business loan applications received by lenders have been approved since early...
by staxhomeloans | Oct 22, 2020 | Blog
Consumer sentiment is surging, confidence in the housing market is booming, and the number of experts tipping a Melbourne Cup Day cash rate cut is increasing. Let’s look at why households and businesses are becoming increasingly optimistic. Ahh, spring. It’s fair to...
by staxhomeloans | Oct 14, 2020 | Blog
Thousands of families across the country who had been thinking about a new build, or tackling an overdue renovation project, have rolled up their sleeves and committed to it, according to latest ABS data. And to be honest, we’re not overly surprised. The federal...
by staxhomeloans | Oct 8, 2020 | Blog
The First Home Loan Deposit Scheme is back; bigger, better and more buyer-friendly than before. If you’re a first home buyer who missed out on the first two rounds, then here’s how to make it a case of third time’s a charm! It’s federal budget week, and this year’s...
by staxhomeloans | Oct 8, 2020 | Blog
There was one big-ticket initiative in the federal budget that really caught our eye, and that was the turbocharged version of the instant asset write-off scheme. Today we’ll look at how it could improve your business’s cash flow moving forward. Did you catch...
by staxhomeloans | Oct 1, 2020 | Blog
You might have recently heard that ‘responsible lending laws’ are set to be scrapped early next year. Rest assured though that you’ll still be able to borrow responsibly. Let us explain how. The planned scrapping of the responsible lending laws is the federal...
