Finance

A 100% offset account for a home loan enables you to pay off your loan sooner, and still have access to a lump sum of your savings when you need them. An offset account is a regular savings account that has ATM, cheque book and internet access, which is linked to your home loan when the loan is established. The... Read more

At its meeting today the Reserve Bank Board announced interest rates would remain unchanged at 3.0%. The last rate cut took place in December, when a 25 basis points reduction took the cash rate down to the near 50 year low set by the Reserve Bank during the GFC in 2009. Patricia Williams is a credit representative (400458) of BLSSA... Read more

Any person in Australia who has ever applied for finance of any kind will have a credit report in their name.  With the rules around credit reports changing, do you know what yours looks like and whether it is correct?Credit Report Changes A new scheme that has just been approved by the government allows for even greater detail to appear... Read more

Many of the large banks offer the services of a personal banker, otherwise known as a private banker or relationship manager. Supposedly if you have a personal banker you get preferential treatment, special access to advisors and the best solutions offered to you. You’d also expect that you’re being offered the best rates on your deposits and loans. In this... Read more