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Mortgage serviceability: how to jump through the hoops

Mortgage serviceability can feel like a frustrating hurdle to clear. But it’s an important safeguard against borrowing too much, particularly in the current interest rate...

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A Guide to Calculating Working Capital for Your Business

Introduction In an ideal scenario, businesses would receive immediate payment for their products or services, eliminating the need for holding funds to cover expenses and...

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Construction Contracts: Fixed Price Vs. Cost-Plus

Fixed Price Contract In a fixed price construction contract, the total cost of the project is agreed upon between the client (usually the owner or...

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RBA attempts to beat back inflation with another rate hike, up to 4.10%

Drumroll … The RBA has hiked the official cash rate for the 12th time since April 2022, increasing it to 4.10%. How much will this...

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EOFY tax deductions for small businesses

A guide to identifying if EOFY tax deductions such as temporary full expensing apply to small business. Here’s a snapshot of the article’s insights:  ...

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The Fixed Rate Mortgage Cliff Finally Arrives

The majority of fixed-rate loans with extremely low interest rates will be expiring in the coming weeks, and borrowers will transition to higher revert rates....

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