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December 2018

APRA to remove restrictions on interest-only home loans

Here’s some good news to kick off 2019: APRA is removing its restrictions on interest-only residential mortgage lending from January 1.

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Season's Greetings! Wishing you a prosperous 2019!

Whether you’re celebrating the festive season with family and friends, or getting away somewhere nice and relaxing, we hope you have a wonderful break over the summer holidays!

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Ensure your travel insurance isn't voided these holidays

Tipsy topples, scooter smashes, sporting sprains and medical mishaps – before you go jet-setting overseas these holidays we’ll explore the most common ways travel insurance policies are voided.

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Banks' unclear pricing costing frustrated borrowers thousands

Borrowers who don’t shop around due to the banks’ unclear pricing tactics are losing out on an average of $850 a year, an ACCC report has found.

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Don’t dive into credit card debt this Christmas

Every Christmas almost half of the Australian population decides to go swimming in credit card debt to get through the festive season. But there’s two big reasons why you shouldn’t do that this year.

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Bank wanted mortgage broking fees transferred to customers

A big four bank almost overhauled its broker remuneration model so that the cost of mortgage broking services would be transferred to the customer, the royal commission heard. Here’s how to prevent that from happening.

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