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RBA lifts cash rate for the third month in a row to 1.35%

RBA lifts cash rate for the third month in a row to 1.35%

by Robust Mortgage Gain | Jul 5, 2022 | Home Loan Knowledge Centre

The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. How much will this third consecutive rate hike increase your monthly mortgage repayments? At the beginning of May, the...
Financial hardship arrangement reporting is about to change

Financial hardship arrangement reporting is about to change

by Robust Mortgage Gain | Jun 29, 2022 | Home Loan Knowledge Centre

With interest rates on the way back up, there’s no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to recording financial hardship arrangements. In the past, if you were...
Want a first home buyer scheme spot? Here’s how to get the inside lane

Want a first home buyer scheme spot? Here’s how to get the inside lane

by Robust Mortgage Gain | Jun 22, 2022 | Home Loan Knowledge Centre

We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you’re keen to snare a place in the scheme – and buy your first home sooner – here’s how to get ahead of the pack. Have you heard about the federal government’s Home...
No more Mr Nice Guy: the ATO wants its money

No more Mr Nice Guy: the ATO wants its money

by Robust Mortgage Gain | Jun 16, 2022 | Home Loan Knowledge Centre

Tax time is just around the corner and the ATO has sent out a warning to businesses around the country that owe it money: the COVID-19 moratorium on debt collection has come to an end. Rest assured though, you’ve got some options. During the early days of the...
Refinancing numbers are surging across the country, here’s why

Refinancing numbers are surging across the country, here’s why

by Robust Mortgage Gain | Jun 16, 2022 | Home Loan Knowledge Centre

Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here’s why we’re seeing refinancing numbers surge across the country. In just two months we’ve seen the Reserve Bank of...
RBA increases cash rate for second consecutive month, to 0.85%

RBA increases cash rate for second consecutive month, to 0.85%

by Robust Mortgage Gain | Jun 7, 2022 | Home Loan Knowledge Centre

The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan? Today’s cash rate hike is the second in as many months, with the RBA last month increasing the official...
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