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Loyalty is an honourable trait, but not necessarily when it comes to your home loan. Sticking with the same lender indefinitely may mean you’re paying what’s known as a ‘loyalty tax’. This often shows up as higher interest rates compared to what new customers are offered. With interest rates on the rise, now could be a good time to check whether you are paying loyalty tax and it may be worthwhile exploring your options along the way. What is loyalty tax? Loyalty tax refers to

As interest rates shift and the property market evolves, your mortgage may not be something you set and forget. Just like your financial goals, your home loan needs can change over time, which is why it’s worth checking in regularly. If you haven’t reviewed your loan in a while, now could be a good time to do a quick health check. Read on to see what your home loan health check could uncover. Why reviewing your home loan matters What worked when you first bought your home mig

For many young Australians, home ownership can feel more like a distant dream than something within reach. Rising living costs, strong property price growth and slow wage increases have put real pressure on those hoping to buy their first home. Research by Deloitte Access Economics earlier this year, highlighted just how challenging the landscape has become. Average home prices rose 67% from $548,000 to $915,000 in the decade to 2023, while average weekly incomes for Austral

The festive season is a time to celebrate, relax and connect with loved ones, but it can also put extra pressure on the household budget. With the rising cost of living, a little planning can go a long way towards keeping the season merry without overspending. The festive season can be expensive, especially with the current cost-of-living crisis and increasing financial pressures on households. According to Moneysmart, adults in Australia estimated they would spend almost $80

While some property investors prioritise rental yield – that is, how much income a property earns, as a percentage of its value – others...

From 1 October 2025, the government’s First Home Guarantee scheme will expand, making it possible for more Australians to buy a home with...

Inflation has been heading in the right direction and the Reserve Bank of Australia has cut the cash rate three times in 2025. So, is now...

If you’ve paid down your home loan somewhat or your property has appreciated in value, you may be able to use your home’s equity to fund...

As the end of financial year approaches, now is the time to take stock of your finances, including your home loan. Whether you own your...