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Average Deposit Climbers Higher than $100,000

April 21st, 2021
The average deposit for an Australian home has reached beyond $100,000 for the first time ever. As property prices continue to skyrocket across the country, potential homeowners need to save for longer if they want to get into the market. There are numerous reasons for the property boom, with the stratospheric post-COVID take-off down to low interest rates, a renewed appetite for investing, changing demographics, and low supply levels in key locations.

According to data from the Australian Bureau of Statistics (ABS), the average amount needed to secure a mortgage in Australia is $106,743 for a 20% deposit. This represents a sharp increase over the last two and a bit years, with the average deposit today 16% higher than it was in January 2019. While low interest rates and rising prices are good news for existing home owners, potential first time buyers are being forced to wait for longer and make more compromises along the way. ;

As you might expect, the situation is not the same [...]

New Hobbies for Winter

April 15th, 2021
As the cold winter months draw closer, it's a great time to develop a new hobby. Whether you want to get outside and brave the fresh air or snuggle down in the warmth of a blanket, winter is a great time to discover new interests and spend time doing the things you love. From solo activities to new hobbies with partners and friends, let's take a look at some fun activities you can enjoy over the coming months.

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The Growing Global Inflation Problem

April 13th, 2021

As the world emerges from the COVID-19 nightmare, at vastly different speeds and scales, novel and pre-existing economic problems could have a pronounced impact on future prosperity. The world is currently facing a trillion dollar inflation conundrum, and not a single nation or industry sector can remain insulated. From governments and businesses to private investors and households, the current outlook […]

Exercise Doesn't Have to be Boring

April 6th, 2021

As we get ready for the coming winter, it’s a great time to ingrain new health and lifestyle habits. Contrary to popular belief, exercise doesn’t have to be boring. From yoga classes in front of the TV to ocean swimming and beyond, fun fitness activities help you to get off the couch and live a more productive lifestyle. Let’s take […]

How Human Beings Developed Big Brains

April 1st, 2021

Human beings have bigger brains than our animal cousins, with the size and complexity of our neural network responsible for continual leaps of evolution. While multiple studies have been carried out on the human brain, new research has uncovered the actual biological switch that may be responsible for our collective growth as a species. When ‘brain organoids’ were grown in […]

Property Market Booms

March 17th, 2021

The Australian property market continues to boom, as buyers face a “perfect storm” of strong demand and low supply. Despite emerging from a global pandemic and economic downturn, the Sydney market has reached an all-time high and other capitals are not far behind. Property sellers are being swamped with offers, banks are welcoming new customers, and record low interest rates […]

Interior Trends for the Coming Winter

March 15th, 2021

As we head into winter, 2021, there’s never been a better time to refresh your home. While the last few months have been challenging for everyone, COVID-19 has helped to put many things into perspective. With people around the world spending more time at home, there has been an uptake in domestic energy and a renewed focus on the art […]

HomeBuilder Boosts Jobs

March 11th, 2021

The HomeBuilder program continues to achieve great uptake, having reached 82,000 applications and expected to top 100,000 by the end of March. This has created a pipeline of work valued at $18 billion, with economic benefits spreading well beyond the construction sector. While this payment system was designed to help people with new builds and renovations, its primary purpose was […]

Royal Families Around the World

March 8th, 2021

The British royal family have been getting lots of headlines lately, with Queen Elizabeth II and her brood the most visible face of modern monarchy. The House of Windsor is not the only reigning family, however, with 26 unique monarchies and 44 sovereign states (including Australia and New Zealand) existing in the world today. From the extravagance of the house […]

The Right Fruit & Veg Mix

March 1st, 2021

We have always understood the importance of fruit and vegetables to human health. Along with sleep, water, and exercise, fruit and veg consumption has been a consistent element in health messaging around the world. However, despite the recognised benefits of fresh produce, the recommended amount and ratio of fruit and veg intake has been far from consistent. A huge new […]

Stamp Duty Phased Out

February 17th, 2021

As we emerge from the global pandemic, economists are looking for novel ways to stimulate the economy. According to experts, swapping stamp duty for land tax is a powerful way to make the taxation model more fair and effective. Not only would it be a more efficient financial measure, it could also have a positive impact on home ownership rates […]