Comprehensive Credit Reporting, or ‘Positive Reporting’ is here. And while the banks may not be happy about sharing their customers’ information with other banks, borrowers like you stand to benefit a lot more.
Talk to wealthy people and you will find most have one thing in common – they know how to manage their money. And that means having a budget. Boring, right? It might sound tedious, but the reality is you won’t get ahead without spending less than you earn.
In our last edition of Haven we featured a story about how much value an amazing kitchen can add to the resale price of a home. With that in mind, we’re on the hunt for a ripper kitchen renovation. Send in a before and after photo of your kitchen transformation for the chance to win $1,000.
We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winners are Mark and Vicki, and they’ve won a $500 Bunnings voucher. Congratulations Mark and Vicki!
As financial markets digest the findings of the Banking Royal Commission, the Reserve Bank of Australia has made its first rate announcement for 2019. The RBA has decided to leave the official cash rate unchanged at 1.5% for the 27th consecutive time and I’d like to share some thoughts on why the Reserve Bank of Australia may have made this decision.