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So far BASEBODYBABES has created 17 blog entries.

How are the big banks helping in the face of COVID-19?

2020-03-23T12:09:55+00:00 March 23rd, 2020|Uncategorized|

ANZ was the only major bank cut its variable home loan rates following the Reserve Bank of Australia’s emergency cash rate cut of 0.25% announced last Thursday. Effective March 27, ANZ will decrease its variable interest home loan rates by 0.15%. However, while the other majors didn’t reduce their variable home loan rates, each has [...]

Top 10 reasons for refinance

2020-03-19T12:26:44+00:00 March 17th, 2020|Uncategorized|

I have been receiving a lot of refinancing enquiries lately so I thought I would update you on this particular topic and where all the banks are sitting after the last 4 rate cuts. You will see from the below summary they are all extremely similar so it's not always a case of rushing over [...]

2019 in review

2019-12-30T13:53:44+00:00 December 30th, 2019|Uncategorized|

2019 was a huge year for our business and the industry in many ways, and we know it was huge year for lots of our clients too. Dream homes were purchased, investment portfolios were bolstered and big projects embarked upon for many. For us, being a small part of the action for huge life events [...]

RBA rates: calibrate and consolidate

2019-08-11T05:33:15+00:00 August 11th, 2019|Uncategorized|

This month the Reserve Bank of Australia (RBA) announced the cash rate would stay on hold at 1.0%, following two consecutive cuts in the preceding months that totalled fifty basis points. The decision was widely expected, especially considering that cutting the official cash rate three months in a row has only happened twice before: once [...]

APRA hands borrowers the chance to borrow more

2019-08-07T12:59:58+00:00 August 7th, 2019|Uncategorized|

July brought with it news that has effectively opened the doors for prospective and current home owners to access bigger mortgages by borrowing more. The Australian Prudential Regulation Authority (APRA) has relaxed stringent lending restrictions on lenders by scrapping the “stress test” rule. Introduced in 2014, the rule required banks and other lenders to assess [...]

What does a rate cut mean for you?

2019-07-03T00:48:19+00:00 June 18th, 2019|Uncategorized|

As you'll no doubt be aware, the RBA (Reserve Bank of Australia) announced at its June meeting that it would lower the cash rate by 25 basis points to 1.25 per cent citing that it would support employment growth and provide greater confidence that inflation will be consistent with the medium-term target. Although widely predicted, [...]

Negative Gearing: Is There a Better Way?

2019-05-29T12:51:03+00:00 May 29th, 2019|Uncategorized|

Long used as a tax minimisation strategy, negative gearing has become almost a rite of passage for working Australians. However, we are seeing time and time again, instances of people using negative gearing without really understanding how it works and how it might not be the right strategy for their situation. Using negative gearing as [...]

How to smash your finance goals (again)

2019-05-26T07:54:50+00:00 May 26th, 2019|Uncategorized|

June is upon us. We’re halfway done. Believe it or not, the last six months are behind us and you may or may not be happy with what you’ve achieved vs what you set out to achieve. If not, we totally get it. You see, the thing is, January is probably not the best time [...]