First Home Buyers can now use more of their superannuation to buy a home with new changes to the First Home Super Save Scheme introduced by the Federal Government. First-time buyers will now be able to increase their savings in the First Home Super Saver Scheme from $30,000 to $50,000, making it easier to save…
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Building and renovation costs continue to rise, making it more important than ever to budget accurately. Construction costs in Australia rose 7.3% in 2021, according to the latest Cordell Construction Cost Index. It’s the steepest rise since 2005 and a lot of the blame is being placed on the Covid pandemic. The index – owned…
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Demand for home loans continues to run at record levels, according to the latest ABS figures. New mortgage commitments were 4.4% higher in December, totalling $32.8 billion. These results were accompanied by a 5.3% rise in the value of home loans compared to November 2021. If you’re considering whether to refinance your existing property or…
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Selling your home in early 2022 could be the perfect time to maximise the value of your property and take advantage of record-low interest rates, says the Chief Economist at Ray White, Nerida Conisbee. With demand for property still powering ahead after a stunning 2021, Nerida believes you should act decisively if you’re thinking about…
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