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Last Updated: Friday, 1st May, 4:25AM
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Last Updated: Thursday, 30th April, 5:25PM
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| Navigating the Rise in Strata Insurance Premiums: Causes and Solutions Thu, 30 Apr: In recent years, many Australian strata property owners have faced significant increases in insurance premiums, with some experiencing hikes of 40-80% since 2022. Understanding the underlying causes of these increases is crucial for developing effective strategies to manage and mitigate costs. - read more
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| Consumer Advocates Call for Ban on Conflicted Strata Broker Payments Thu, 30 Apr: Consumer advocacy groups are urging the National Insurance Brokers Association (NIBA) to explicitly prohibit conflicted remuneration arrangements in strata insurance. This call comes amid concerns that such financial practices may compromise the interests of strata property owners. - read more
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| Potential Crisis Looms Over Strata Industry Amid Proposed Insurance Commission Reforms Thu, 30 Apr: The strata management sector in Australia is at a crossroads, with proposed reforms to eliminate insurance commissions sparking concerns about the industry's future viability. Bobby Lehane, CEO of PICA Group, has issued a stark warning that removing these commissions could lead to a decline similar to that experienced by the aged care industry. - read more
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| Significant Decline in Australian Commercial Insurance Rates in Early 2026 Thu, 30 Apr: In the first quarter of 2026, Australia's commercial insurance market experienced a notable decline in rates, with an average decrease of 12%, as reported by Marsh's latest Global Insurance Market Index. This trend marks a continuation of the previous quarter's downward trajectory, offering potential relief to businesses grappling with insurance costs. - read more
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| A General Guide to How Investing Works Welcome to our general guide on how investing works! Whether you're just starting to think about investing or looking to refine your approach, understanding the basics can help improve financial literacy and support more informed decision-making. Let's unravel the essentials of investing to help you better understand common investing concepts. - read more
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| How to Prepare for a Smooth Refinance Experience Mortgage refinancing refers to the process of replacing your existing home loan with a new one, typically under different terms. Essentially, you're paying off your old mortgage with a new loan. This can be an extremely useful financial maneuver, allowing homeowners to benefit from better interest rates or change their loan type to suit their current needs. - read more
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| Choosing the Right Lender: Maximising Your Benefits in Mortgage Refinancing Mortgage refinancing involves replacing your current home loan with a new one, often to benefit from better terms. This financial maneuver is commonly pursued to seize lower interest rates, reduce monthly payments, or alter the loan term. It can also provide cash by tapping into the equity you've built up in your home. - read more
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| The Hidden Perks of Refinancing: More Than Just Lower Interest Rates In the realm of homeownership, mortgage refinancing stands out as a valuable tool for financial management. At its core, refinancing refers to the process of revising and replacing the terms of your existing mortgage agreement. Homeowners choose this path for various reasons, such as accessing a better interest rate, altering the loan term, or tapping into home equity. - read more
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