The Australian automotive market reached a milestone in 2024, achieving its highest sales figures since 2018. With 1.2 million new vehicles sold throughout the year, the industry demonstrated strong resilience and growing consumer demand despite economic challenges. December alone saw 104,281 vehicles sold, marking a...

More consumers are taking out personal loans than ever before, the latest data has confirmed.   Borrowers signed up for a record $2.741 billion of personal loans in August, which was 2.0% higher than the month before and 15.3% higher than the year before, according to the...

Even though some heat has come out of the property market over the past few months, mortgage activity remains high.   Borrowers took out $30.38 billion of home loans in August, which was 1.0% higher than the month before and 23.0% higher than the year before, according...

Did you know that investment scams lead to the highest financial losses in Australia? In fact, Australians lost $1.3 billion to investment scams last year. While investment scams may occur less frequently than other types of scams, they can leave a devastating impact. There are many...

Australian property achieved a record median gain of $285,000 from resales in the June quarter, the highest since the early 1990s. CoreLogic’s Q2 2024 Pain & Gain report analysed around 91,000 resales, showing that 94.5% of transactions resulted in a profit. Overall, $31.8 billion in...

Running a business in today’s fast-paced environment presents plenty of challenges. However, with our support, managing cash flow doesn’t need to be one of them. We’re here to help you navigate the complexities of business finance, so you can focus on what matters most—growth and...

First home buyers and single parents who may be finding it challenging to get on the housing ladder should take heart from a new report from Housing Australia.   About one in three first home buyers who purchased a property in the 2023-24 financial year used the...

The property growth cycle is continuing for now, but appears to be closer to the end than the beginning.   Australia’s median property price rose 0.5% in August, which was the 19th consecutive month of expansion, according to CoreLogic. However, “the pace of growth is showing clear...

Most people have a positive experience when they take out a car loan. Sometimes, though, borrowers unwittingly put themselves in an uncomfortable position by making some of these mistakes:   1. Not understanding your finances. You should never borrow more than you can reasonably afford to repay....

One of the keys to maximising your company's profitability and success is to be able to access the right loans on the right terms at the right time. There are a range of criteria that will affect your ability to secure favourable borrowing terms, or even...