Some lenders plan to scrap cashbacks

Refinancing cashback deals may become a thing of the past, after several big banks and smaller lenders, including Commonwealth Bank, NAB and Bankwest, announced they planned to phase out the incentive. Now that some institutions have made the first move, it wouldn’t be surprising if other lenders followed suit, because cashback deals can have more … Read more

First home buyer activity rises, despite challenges

This is a pretty good time to be a first-home buyer, according to one of Australia’s leading property economists. Ray White Group Chief Economist Nerida Conisbee said there are four things in favour of first-home buyers right now: Property prices are lower than this time last year. Owning has become more appealing because rents are … Read more