Young people have sights set on home ownership, thanks to COVID-19

Around half of the Australian population of young people are more likely to want to purchase a home now than before COVID-19, new research has revealed.

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Will credit card debt arrest its steady fall in time for Christmas?

The Reserve Bank’s data for credit and charge cards in the September quarter found balances accruing interest fell a further 2.

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ABS data indicates essential spending is greater than inflation

The cost of living, including essential everyday items like food and healthcare, has outpaced inflation over the past seven years, a new research project undertaken by the Australian Bureau of Statistics suggests.

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Non-major lenders grab market share back in loan market

Data suggests borrowers are turning to non-major lenders for the first time since the COVID-19 pandemic gained traction in late March.

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Do ‘buy now, pay later’ apps affect your credit score?

Buy now, pay later (BNPL) apps have risen to prominence in recent years, particularly during the COVID-19 pandemic lockdown period – reportedly adding as many as 20,500 customers each day.

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How a recession impacts the property market

While many have had their say, with drops of 10% all the way to as much as 40% predicted by various segments of the industry, few can say for certain just how the COVID-19 pandemic, and in turn the economic recession it has promoted, will impact the property market.

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Lockdown and social distancing prompting fintech revolution

COVID-19-related lockdowns and social distancing measures across the country have changed the way people are managing their money, turning to technology now more than ever.

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Is your loan deferral coming to an end? We can help!

As we prepare for a large number of loan deferrals set to expire in the coming months, Interlease will be working with our clients to ensure an orderly transition that is both appropriate to their circumstances and fair to both parties.

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You may not have elected to access it, but has your super been affected by COVID-19?

The superannuation industry has been one of the hardest hit by the COVID-19 pandemic after the Government allowed those experiencing financial hardship to withdraw up to $20,000 over two separate periods.

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Common mistakes to avoid at tax time

When we say that it pays to spend a little time and effort ensuring you’ve got every detail of your tax return right each year, it isn’t ground-breaking information.

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