ME Bank has been in the news a lot this week after they reduced the available redraw on some of their customers home loans. This has created some confusion of how redraw facilities work. Here is a simple explanation of the difference between a redraw facility and an offset account. Redraw lets you access extra…
It has a been a summer for many that we are happy to have behind us and move on to happier times. That being said, there is the threat of the Coronavirus pandemic that could have further implications for all of us. The stock market has taken a big hit due to the uncertainty created by…
As property prices continue to rise, purchasing in a centrally-located or sought-after area is out of reach for the average working millennial. Instead, many are opting to rent rather than buy as it means not having to compromise their inner city or beachside lifestyle. But for those who are still eager to enter the market,…