Recently we wrote about base interest rates, with the historic low of 1.5 per cent remaining unchanged for the 22nd consecutive month. The latest headline? Up to 1 million Australian households ‘on the edge’ of mortgage default by September. It’s a scary statement and comes from a warning by principle independent analyst, Martin North of Digital… Read more

Feeling stressed? You’re not alone.  According to recent Medibank research, the incidence of stress has peaked of late, with the number of Australians affected rising from 3.7 million in 2007-08 to over 4.9 million in 2016-17.  On top of this, the Financial Stress Survey by CoreData and Financial Mindfulness, found that one in three Australians feel… Read more

Christmas is such a joyous time to spend time with family and friends although it appears that every year we actually spend more money during the holiday season.  The expense is not only for gifts, although that does it the largest slice of the (mince) pie; everything from your immediate loved ones, to friends, co-workers,… Read more

Employment stress.  Mortgage stress.  Debt stress.  Relationship stress.  And it seems it is getting worse. A recent survey by Roy Morgan shows that over the last 12 months the median household income only increased by 2.0% whereas household borrowings increased by a median of 7.0%.  This is just one factor contributing to overall household mortgage… Read more