Archive for October 2017

Easy way to find the best home loan rate

The Australian Competition and Consumer Commission (ACCC) is currently working with lenders to understand their fees and charges and how they weigh profitability against consumer interests, particularly in light of the fact that they increase interest rates when the RBA keeps official rates on hold. While the banks need to, and should, make a profit,…

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Australian kids need finance education!

There was a story I posted about last week – research from MOZO that shows that the ‘Bank of Mum and Dad’ is now Australia’s 5th biggest lender.   But here’s the rub. New research now shows there’s a big pitfall in this particular banking system too.   Let me explain. While the ‘Bank of…

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