What’s changing with the new credit reporting system?
Australia’s credit scoring system is changing from 1 July 2018. It will be known as the CCR (Comprehensive Credit Reporting), and you better pay all your loans and credit cards on time or your credit report is at risk. The current credit reporting system is known as a negative credit reporting system – one that […]
Understanding the First Home Owners Grant in Australia
The First Home Owners Grant Australia was introduced on 1 July 2000, to help compensate First Home Buyers for the increased costs associated with home ownership due to the introduction of the GST. Select your State below for specific State-by-State analysis. Currently there are significant First Home Owners Grants available to eligible purchasers – depending on […]
Understanding Stamp Duty in Australia
Stamp duty in Australia, also known as Transfer duty, can cost a LOT – unless you’re eligible for a concession (discount) or an exemption. This article is educational, to calculate your government fees use the online stamp duty calculator. Keep Reading for a Description of Fees… But there’s also other government fees when you purchase property. […]