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.

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.

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.

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.

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.

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.

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.

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.

Three easy ways to improve your home loan serviceability

A new report suggests that as many as 32% of millennials plan to take advantage of the COVID-19-weakened housing market but securing a home loan isn’t always a simple process.

Three tips for securing your finances in a crisis

While it appears on the surface the COVID-19 pandemic has plateaued, and normal life is slowly returning, it is important to recognise the impact the crisis has had on economic stability – both externally and on a personal level.

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