In the media: SMH – Rate cut a life saver for home owners with huge loans

This weeks rate cuts provide some relief for mortgage holders – with the RBA cautioning future cuts. And rightly so with the “trimmed mean” inflation still outside their target range (and being heavily masked by government subsidies), a strong employment market and a lowish dollar.

Albeit – this rate cut provides some immediate relief for mortgage holders among these ongoing cost of living pressures and the government spending like drunken sailors.

Since December 2021 and December 2024 the ABS found that:

• Cost of health increased 12.9%
• Cost of petrol has increased 14.7%
• Cost of food has increased 16.7%
• Cost of housing has increased 17.8%

In todays Sydney Morning Herald, one of our clients, Alex Armstrong shares his story and we provide some comments on how borrowers have been coping and some of the potential savings.

Click here to take a read!

Anthony Landahl | Managing Director Equilibria Finance

This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.

Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.