Article by Rachel Epstein The idea of abolishing stamp duty has been discussed for decades and is one many economists have shown support for — especially in recent years as the property market has boomed and house prices have increased significantly. Whilst the concept of getting rid of Stamp Duty and creating a more efficient […]
Stamp Duty – a thing of the past?
What about the RBA November rate cut?
Article by Patrick Lynch, Head of Operations On Tuesday 3 Nov., we had the Melbourne Cup and Reserve Bank of Australia monthly meeting: If you backed Twilight Payment in the horse race – congrats! If you backed the Reserve Bank to reduce the cash rate – double congrats!! At their meeting, the RBA decided on […]
Good debt vs. Bad debt, and Debt Consolidation
Article by Patrick Lynch, Head of Operations The largest expense for most people is their mortgage. But this isn’t the only debt that is (easily) available – you might have a credit card (or cards), a personal loan for your car, HECS/ HELP, etc. Debt is not a dirty word. As the latest budget has […]