Improve your borrowing power
Your Money

4 strategies to improve your borrowing power

- October 27, 2023 2 MIN READ

Borrowing power has plunged over $260,000 for some Australian families, trapping many mortgagees that can’t qualify for better rates, and hampering house hunter hopefuls. Lenders have been far more cautious in an effort to offset the risk of recession and higher rates that could impact long-term serviceability. Fixed rate borrowers who have just had their… Read more »

Increase your borrowing capacity with these tips
Your Money

How to boost your borrowing capacity as interest rates rise

- March 24, 2023 4 MIN READ

Yes, rising interest rates stealthily reduce your borrowing capacity. Fortunately there are a few simple things you can do to increase it. I’ve talked about this a few times over the last couple of months. Not only do rising interest rates increase loan repayments, they also reduce your borrowing capacity because the so-called “serviceability test”… Read more »

Is Aussie inflation slowing

Is Aussie inflation slowing?

- December 2, 2022 4 MIN READ

A big week for getting a temperature on the economy leading into Tuesday’s RBA interest rate decision… and that pesky Aussie inflation figure looks to be heading in the right direction. Consumer prices, CPI, rose 0.2 per cent in October and 6.9 per cent over the year, which is slowing down and came in well… Read more »