Entries by CB_2017

Auto Insurance Tips

1> Raising your deductible Deductible is the amount you pay from your pocket before making an insurance claim. The disadvantage of raising your claim is when you make a claim, you will pay more. However, if you are a safe driver, you will overtime save more money by raising your insurance deductible. Look at your […]

Australia Clocks Fastest Value Decline In A Decade

2018 was an underwhelming year for the Australia housing market as values fell at the fastest rate since the global financial crisis in 2008. The CoreLogic December home value index results showed that the downturn in Australian housing conditions accelerated through last year, recording a 4.8% decline. The drop was driven by the weakness in […]

Melbourne To Take Sydney’s Place As Major Housing Market Drag

The deterioration of Sydney’s housing market will likely continue to affect Australia’s overall property scene this year, but according to some industry analysts, the city will not be much of a drag as it had been before. Instead, they predict that Melbourne will take Sydney’s place as the major housing market burden. On the other […]

Why Some Say Turning The Debt Taps Back On Is Irresponsible

Treasurer Josh Frydenberg welcomed the New Year by urging banks to continue approving housing loans in a bid to drive the Australian economy — a thing that, according to some market watchers, is very irresponsible to say. Speaking in regional Victoria last week, Frydenberg told banks to keep their books open and to approve more […]

Do High Rental Yields Always Translate to High Returns?

When it comes to property investing, getting higher rental yields and achieving higher returns are the ultimate goals. However, new research shows that the former does not necessarily result in the latter. According to a report by RiskWise Property Research, which analysed five-year trends across Australia’s housing market, higher rental yields do not automatically translate […]

ASIC Warns Consumers Of Banking Scam

The Australian Securities and Investments Commission (ASIC) has recently warned the public about scammers claiming to be from ASIC. The announcement was made in connection with the recent activities of Luxembourg Offshore Banking, also known as LUXOSB.  These scammers assert that withdrawals are being processed or withheld by ASIC. Luxembourg Offshore Banking and LUXOSB Limited […]

Watch Out For These 4 Housing Market Scenarios This Year

They say the New Year brings an opportunity for things to improve, but market watchers are not getting their hopes up for Australia’s housing market as conditions remain dire. In a market forecast, CoreLogic head of research Tim Lawless said there are four scenarios that are likely to play out over the course of 2019, […]

Western Australia’s mortgage ‘delinquents’: The stories behind the stats

Ms Meerman’s team of three counsellors based at Midlas in the Midland CBD helped Perth’s north-east deal with more than $50 million worth of debt last financial year. In the past six months, half of their clients were having issues paying off their mortgage. Mortgage delinquency occurs when someone falls more than 30 days behind on […]