Fixed? Variable? Or both?

With so much uncertainty surrounding who now has more control over setting mortgage interest rates – the Reserve Bank or the banks – it might be timely to think about your loans and whether they are structured to suit your needs into the future. One of the most obvious considerations for your home mortgage is whether a fixed or variable rate loan is best for you. An article that clearly explains the pros and cons of fixed and variable rate loans.

Is household debt consuming you?

By the end of 2020 Australia had, relative to the size of its overall economy, one of the highest levels of household debt in the world. At 129% of gross domestic product (GDP), our household debt, as a percentage of GDP, had nearly doubled over the last 20 years. Is household debt consuming you?