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HomeBuilder, what you need to know

By Finance Help, News
If you have been thinking about building a new home or carrying out an extension or renovation, now might be the time to meet with an AFG broker and work through your options. The Federal Government's new $680 million HomeBuilder program announced on 4 June 2020 makes available $25,000 grants…
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Will a lower buffer boost your borrowing power?

By News
Now that Australia’s banking regulator has lowered the lenders’ borrowing buffer, more people should be able to borrow more funds to buy their new home. For the last few years Australia’s banking regulator, APRA, has required lenders to use a minimum 7 per cent interest rate when assessing a new…
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RBA Cash Rate Decreased at 0.75%

By News, RBA Updates
For the 3rd time in five months the Reserve Bank of Australia has decided to reduce the official cash rate, this time to 0.75%, in a concentrated effort to boost the economy. In making the decision to lower rates again the RBA has strongly reinforced its focus on supporting employment…
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