Heise Says - Adding to the conversation

Tag: Mortgage

Australians don’t know the cash rate

Post author By Heise Says
Post date 12/08/2019

#RBA #CashRate #Australia Nearly 90% of Australians don’t know what the cash rate is. A sign of lack of interest in financial news or failure of our education system? References https://www.news.com.au/finance/economy/interest-rates/most-australians-dont-know-what-the-official-cash-rate-is/news-story/825f4c8dc94cbcc26813f583aaf61ee3

Tags Australia, Cash Rate, Financial Education, home loans, Home Purchase, Interest Rate, Mortgage, RBA

Economy

Australian’s in Mortgage Arrears

Post author By Heise Says
Post date 31/07/2019

#AusPol #Recession #Economy Australian’s are in arrears with their Mortgages during a period of the lowest interest rates in the history of our nation. Signs of stagnant wage growth, expensive real estate and a lack of financial education. References https://mobile.abc.net.au/news/2019-07-30/more-australian-borrowers-falling-into-mortgage-arrears/11365288?pfmredir=sm

Tags Arrears, Australia, Economics, Economy, Financial Stress, Mortgage, Recession, Wage Growth