$230,000 refund in mortgage fees after bank errors discovered

AUSTRALIA’S finance industry watchdog has a timely warning for customers to check mortgage statements after more than 1,000 customers were overcharged in a single bank. The Australian Securities and Investments Commission (ASIC), which is the country’s corporate, markets and financial services regulator, said a single customer complaint has uncovered a broader systemic issue at the […]

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How much should I spend on online real estate advertising?

While it may seem complex, deciding how much to spend on online advertising when selling a property comes down to some basic principles – being strategic, extending reach and maximising audience.  Damien Brooks, State Sales Manager for Victoria at REA Group, explains. “Given every market and every property in Australia is different, it’s impossible to […]

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Why location is crucial when it comes to investing in property

Historically, the residential property market has been very kind to Australian investors and owner-occupiers alike. In the past there was less of a need for careful research because to a certain extent, the return on buying or investing in property was quite lucrative. Yet this table showing the price growth in two different Melbourne locations over […]

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