New home buyers still borrowing to their limit

There was much joy among residential lenders in January as they celebrated droves of first home buyers returning to the residential property market. First home buyers also appear unafraid of loading up with cheap debt – combining the carrot of the Government grant and lower interest rates to push the average first loan up 7…

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Economic Security Strategy package released

The Federal Government has released a $10.4 billion Economic Security Strategy to strengthen the Australian economy. The package contains the following key measures: · $4.8 billion in new support for pensioners and carers, including a lump sum payment of $1400 to single pensioners and $2100 to pensioner couples. People who are receiving carer allowance will…

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