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One of Australia’s biggest banks has followed the lead of its competitors and cut variable mortgage rates — but there’s a catch.
INTEREST RATES
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Westpac Bank is decreasing its interest rates for Australians looking to buy into the bank’s Flexi First variable home loans.
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House prices are an important driver of both, but they drive consumption first and fastest.
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Buying a first home is daunting at the best of times but myriad twists and turns in Australia’s housing market has made navigating the maze of homeownership eve…
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With the current state of the economy you may be looking for alternative ways to enter the property market.
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Deep divisions are emerging among some of Australia's leading bank economists on their outlook for interest rates and the Australian economy.
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A financial expert has revealed one thing everyone can do to save money as inflation and interest rates soar.
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Rising interest rates and the challenge of obtaining debt will drag down commercial property well into 2023, according to new data from National Australia Bank.…
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Aspiring home sellers who are waiting to see how the Sydney market responds to further interest rate rises have been warned they could be taking a risky roll of…
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The 24-hour period following any change in the Reserve Bank’s cash rate is a fascinating window into the conduct of the four large banks.
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Property prices across the country are tipped to fall up to another 5 per cent before the year is out, a new report forecasts.
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The Reserve Bank faces reform rather than revolution as part of its first independent review since the early 1980s.
SMATS Chats
Latest Podcasts
Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
- Australian Dollar review & prediction;
- Interest rates…
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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