Good news for borrowers! The Reserve Bank made a significant announcement yesterday, lowering the Official Cash Rate (OCR) by 25 basis points to 5.25%. The move signals a change in monetary policy that could provide much-needed relief to those suffering the consequences of rising mortgage payments. What this means for your mortgage Following the OCR … Read more
By Nojoud Al Mallees and Laura Osman The government aimed to welcome 500,000 new permanent residents in 2025 and 2026. The target for next year will instead be 395,000 new permanent residents, and this figure will drop to 380,000 in 2026 and 365,000 in 2027. “In the tumultuous period we experienced after the pandemic, between … Read more
As the year comes to an end, there comes a time when the old gives way to the new. It also provides an opportunity to look back and think about things, not only about our personal habits and earnings, but also about our internet and money habits. Here’s a carefully crafted guide on cutting back … Read more