The rising cost of living in Australia has placed an immense burden on families relying on Centrelink payments, making it nearly impossible for them to afford essential expenses like food, rent, and transport. Recent analysis highlights the dire situation faced by these families and the urgent need for government intervention to raise JobSeeker and other Centrelink payments.

ANZ is under fire for its recent decision to cut lenders' mortgage insurance (LMI) for borrowers in some of Australia's wealthiest suburbs, a move many deem "unfair" to other prospective homebuyers.

The Malinauskas Government is making a bold move to support first home buyers and increase housing supply amidst the current housing crisis. In a significant policy shift, the State Budget will abolish stamp duty for all first home buyers who are purchasing or building a new home.

Over the past 12 months, Australian banks have expanded their commercial real estate loan books at the slowest rate in four years, as they adopt a more cautious approach to assets such as office towers, hotels, and residential land projects. This trend, identified by consultancy Plan1, highlights a shift that opens significant opportunities for non-bank lenders, including Renown Private Lending.

The latest Pain and Gain report from CoreLogic reveals that the March quarter saw a record high in profit-making residential sales, with a remarkable 94.3% of vendors selling at a profit. This is the highest level of profitability in 14 years, driven by continuous increases in home values, despite economic challenges and higher mortgage rates.

New data reveals early indications of a recovery in tech funding, with Australian start-ups raising 30% more capital this year compared to the same period last year. However, the overall number of deals has declined, indicating the emergence of a two-speed tech sector.

Homebuyers waiting until July to purchase their homes, when the government's stage 3 tax cuts take effect, could increase their borrowing power by tens of thousands of dollars. However, this comes with a significant risk – greater mortgage stress.

As inflation and high interest rates continue to strain household budgets, mortgage stress is becoming a significant concern for many borrowers. Unfortunately, any potential relief through rate cuts seems unlikely until next year.

National Australia Bank (NAB) has seen a significant boost in customer engagement thanks to its new AI-driven tool, which has increased interaction by 40% since its launch last year.

Jess Cuthbertson, NAB’s Customer Analytics and Decisioning Executive, shared this impressive statistic during her keynote at a Pega software convention in Las Vegas. “As soon as we integrated the 'customer brain,' we saw a 40% lift in customer engagement, which is absolutely massive for our customers,” she said.

Cash flow is undeniably the lifeblood of any business. Recent trends in business collapses due to poor cash flow management underscore the critical need for reliable financial solutions. Renown Private Lending’s business funding product offers a lifeline to businesses struggling with cash flow issues, providing timely financial assistance, flexible repayment options, and expert financial advice.

Starting July 1, Australia’s financial landscape will undergo significant changes, impacting everything from taxes and minimum wages to energy costs and superannuation.

As the end of the financial year approaches, Australians working from home need to be vigilant about their tax deductions. The ATO is tightening its scrutiny on work-from-home expenses, cautioning taxpayers against "double dipping" when filing their returns.

As tax season approaches, individuals seeking the highest possible refund have just over two weeks to take action. There are numerous personal deductions available that could potentially return thousands of dollars from the Australian Taxation Office.

In recent years, Peer-to-Peer (P2P) lending has emerged as a disruptive force in the financial landscape of Australia. As traditional banking models face scrutiny and skepticism, more and more Australians are turning to P2P lending platforms to meet their borrowing and investment needs. But what exactly is driving this shift towards P2P lending,

In the complex landscape of property transactions, conveyancing stands as a pivotal process ensuring the smooth transfer of ownership. From its historical roots to its contemporary significance, conveyancing in Australia has undergone significant transformations. This blog delves into the rich history of conveyancing, the role of conveyancers, the average costs involved

In the realm of personal finance, there's often a question that lingers in the minds of many: "Does anyone know?" It's a simple yet profound inquiry that resonates with individuals of all ages, particularly the younger generation who are just starting to navigate the complexities of managing money.

In the realm of cybercrime, where millions are siphoned off through scams annually, Westpac emerges as a pioneer with its latest defensive strategy. Rather than merely reacting to the onslaught, the bank has taken proactive measures by introducing an AI-driven questionnaire to thwart scammers' attempts to defraud Australians.

In the dynamic landscape of construction finance, securing funding can be a daunting task for individuals and businesses alike. Whether it's for a residential development project, commercial construction venture, or infrastructure endeavour, accessing the necessary capital is often a critical step towards turning blueprints into reality.

Paying off your home loan early can save you thousands of dollars in interest and bring the peace of mind that comes with owning your home outright. Here are five practical strategies to help you accelerate your mortgage repayment:

Australia is teetering on the brink of a genuine recession, as recent figures reveal a concerning decline. The Reserve Bank's decision to maintain interest rates at a 12-year high of 4.35 per cent has prompted widespread apprehension among Australian mortgage holders.