A lot of people ask What is a mortgage? In Australia a mortgage is a document registered with a titles office. What does this mean? Well when you buy a house you are buying the Title to the house, the Title is held and updated with the Titles Office, so the Title says you own […]
At its meeting last week the Reserve Bank Board announced it was again leaving the cash rate unchanged, at 2.5%. The rate has now remained unchanged for a number of consecutive months. With inflation largely in check, unemployment steady and the property market stable this announcement was widely anticipated by most analysts. As always, the […]
Budget Buddy If you find it hard to stick to a budget, MoneySmart’s TrackMySpend is a really useful free app designed to help you understand where your money goes. This app allows you to keep track of your expenses on the go and is so handy, it was recognised at the 2013 Australian Mobile Awards. […]
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