Can an international student have a term deposit?

Banking for overseas students can be complicated, but you may still be able to steadily grow your funds as an international student by using a term deposit. 

Can I get a car loan if I am on disability benefit?

Not every lender will accept pensions or government benefits as income when assessing loan applications, though some lenders will. Borrowers on disability benefits can still apply for a car loan, though it’s important to calculate if you can comfortably afford the loan before you apply. 

How to budget for a home loan with a repayment calculator

Most Australians dream of owning a home. Even if this dream may seem out of reach, that doesn’t mean you shouldn’t start saving and researching how to reach your homeowner goal.

Some of the best home loans for investors and refinancers in November 2022

The interest rate rises announced following the Reserve Bank of Australia’s (RBA’s) November 2022 meeting have come into effect. While new lending has reportedly plummeted, with the year’s combined rate rises knocking $214k off the average home loan budget, existing homeowners and investors could find themselves in a position to refinance to a mortgage that offers greater value for their financial situation.

Can you find your bank account number online?

If your bank offers online services, you should be able to find your bank account number online by logging into your account on your bank’s website and checking your details there.

Why this could be the time to invest in solar

The cost of living is high and rising, with energy bills playing a significant role. With this in mind, could the potential financial benefits of a solar power system be worth the installation costs?  

Investing in serviced apartments

Buying an investment property can let you benefit from both rental yields and capital growth, though there’s always a risk that there could be periods where your property fails to attract tenants. Investing in serviced apartments could potentially help to offset this risk, as someone else will be managing the tenants for you, though there are other complications to consider.

Will you get superannuation contributions on workers compensation payments?

Under the superannuation guarantee (SG), employers must make superannuation contributions of a percentage of most employees’ ordinary time earnings (OTE). But will you still receive these super contributions if you’re receiving worker’s compensation payments? The answer may vary based on a wide range of factors.

Which banks have hiked term deposit and savings account rates in November 2022?

Good news for savers - some of the biggest banks and providers in Australia have hiked rates on their deposit accounts. This may allow Australian savers to benefit from interest rates of 4 per cent or even more on their savings account or term deposit, and grow their wealth more quickly. 

Who is still offering low-rate home loans after the November 2022 rate hike?

The latest hike to the national cash rate from the Reserve Bank of Australia (RBA) may continue to squeeze homeowners with higher interest repayments and restrict first home buyers by shrinking maximum borrowing amounts. Despite these rising rates, some mortgage lenders still have relatively low interest rates available for selected borrowers.