Refinancing your home loan to secure a lower interest rate or to access funds for a home renovation or debt consolidation can be a smart financial move that leads to significant savings over time. However, it's essential to approach the refinancing process with careful consideration and thorough preparation to determine both the short and long-term impact on your financial situation. Here's a step-by-step guide to help you navigate the refinancing process.

The arrival of a new baby can turn life upside down in the best possible way, but many new parents get caught out by the challenges that come with managing a mortgage and a growing family. Amidst the joy and excitement, getting your finances in order can make parenting easier, while a little forward planning lets you focus on what’s most important: your family. Here are 9 practical tips for managing a mortgage with a new baby.

The ongoing high cost of living has many Australians looking for ways to keep more money in their own pockets and pay less at tax time. As tax season approaches, there’s no better time to explore financial strategies that could help reduce tax liabilities. By leveraging these financial tools and savvy techniques, it’s possible to save money while still being compliant with Australian tax laws. Read on as we share six effective methods to achieve this goal.

Heading into a new year is a good time to assess your financial situation and plan for a prosperous year ahead. Whether you’re aiming to buy a first home, pay down an existing mortgage, or simply improve your financial wellbeing, being proactive about reaching financial success is a sure-fire way to accomplish more with your money. Follow these three steps to help build more wealth and improve your financial stability in 2024.

Going through a separation or divorce is understandably distressing. Aside from the emotional turbulence of separating your lives, untangling your financial knots, especially the mortgage, can be particularly challenging. To ensure a smooth and fair transition, it’s important to have a clear understanding of the legal aspects of property division, and what happens to the mortgage when relationships change.

Whether you’re buying a first home, upsizing or downsizing, or growing a property portfolio, setting a budget is an essential first step to working out how much you can afford and how much you may be able to borrow. From setting SMART goals to dodging “lazy tax” and sticking to the 50/25/25 rule, these three essential budgeting tips for Australian home buyers will help you make savvy financial decisions and turn home ownership dreams into reality.

Choosing between renting and buying usually comes down to finances. If you’re unable to save a deposit or afford the cost of a mortgage, it makes sense to continue renting. While there may be fewer up-front costs to renting, in the long-term, paying off a mortgage generally puts you in a better financial position. Here are three reasons why buying a home can be a financially savvy move, as well as valuable tips for first home buyers taking the leap from renting to owning.

Writing a will is an essential step in ensuring your assets are distributed according to your wishes after you’re gone. Even if you don’t own significant property, assets or investments, writing a will saves your family and friends time, money and arguments, and helps make a difficult time easier. In this guide you’ll find three important things to consider when writing a will, along with tips and key aspects to look out for to ensure a smooth and legal process.

Owning a home has long been considered the “Aussie Dream”, but for many Australians, the path to home ownership can feel both challenging and overwhelming. Determining a budget, saving a deposit, and arranging pre-approved finance are just some of the first decisions that home buyers will make towards achieving their property goals. To help you financially prepare for home ownership in Australia, here are 5 important steps to take.

The start of Spring is the perfect time to not only declutter your home, but also to give your finances a much-needed spring clean. As you dust off the shelves and clear out the cobwebs in your home, find time to take a closer look at your financial situation too. From reviewing your budget to cleaning up your credit report, reconsidering your savings goals to organising your financial documents, there’s no better time to freshen up your finances than during Spring.