Month: February 2022

Thought about buying an EV? Interest rates for them are dropping

It wasn’t long ago that the idea of buying an electric vehicle (EV) seemed like a bit of futuristic science-fiction. But with interest rates on EV loans recently dropping to under 3%, going electric is now more in the realms of an everyday, mundane, household budget decision. According to the latest Electric Vehicle Council data, …

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Fixed rates on the rise, as CommBank tips a June cash rate hike

Hold onto your hats, things are about to get a little bumpy. Economists from Australia’s biggest bank are predicting the Reserve Bank will raise the official cash rate as early as June – and we’re already seeing fixed interest rates increase significantly. Commonwealth Bank (CBA) economists have brought forward their forecasted Reserve Bank of Australia …

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Flexibility emerges as a key priority for small business loans

What’s most important to you when selecting a lender to provide finance for your small business right now? Well, Australian small business owners have put ‘flexibility’ when it comes to loan repayments right up there on their priority list. And that should come as no surprise given the disruptive nature of the economy that most …

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Which cities are expected to have the biggest price growth in 2022?

National property prices are predicted to rise by up to 9% in 2022, according to REA Group, but which cities are tipped to lead the way in price growth this year? Let’s take a look. National housing values grew a whopping 22.1% in 2021, and while things are expected to slow down throughout 2022, the fun …

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