Tag Archives: Housing Market

As interest rates rise, so does the risk of losing your home

Posted on June 19, 2024 by Arrowroad

With housing prices soaring and mortgages growing, have you considered what may happen when interest rates increase? This article discusses how even a small rise in interest rates can impact your budget and what steps you can take to prepare yourself financially. Continue reading →

Posted in Budgeting, Debt Management, Financial Health, Financial Planning, Home Ownership, Personal Finance | Tagged Budgeting, Cost of Living, Debt Management, Financial Advice, Financial Planning, Financial Stress, Home Loans, Housing Market, Inflation, Interest Rates, Mortgage Review, Mortgage Stress, Savings Strategies | Comments Off

The pros and cons of renting for life

Posted on June 19, 2024 by Arrowroad

Is the Great Australian Dream of homeownership becoming a thing of the past? With the rise of remote work, freelancing, and the allure of a flexible lifestyle, many are opting to rent for life. Renting offers mobility, freedom from maintenance, and financial flexibility, but it lacks asset accumulation and long-term stability. The choice between renting and buying is deeply personal, influenced by individual priorities and life goals. Explore the pros and cons of renting for life and see if this modern lifestyle aligns with your aspirations. Continue reading →

Posted in Economic Insights, Financial Health, Financial Planning, Lifestyle, Lifestyle & Well-being, Personal Finance, Property | Tagged Asset Accumulation, Capital Gains Tax, Digital Nomad, Disposable Income, Financial Advice, Financial Flexibility, Financial Planning, Flexibility and Mobility, Freelancing, Gig Economy, Globalization, Home Equity, Home Maintenance, Homeownership, Housing Market, Housing Stability, Investment vs. Mortgage, Lifestyle Choices, Long-Term Investment, Maintenance-Free Living, Modern Lifestyle, Personal Finance, Personalization Restrictions, Property Market, Pros and Cons of Renting, Real Estate, Real Estate Decisions, Remote Work, Renting for Life, Renting Trends, Renting vs. Buying, Stability, The Great Australian Dream | Comments Off

Quarterly Economic Update: Jan-Mar 2024

Posted on June 18, 2024 by Arrowroad

The first quarter of 2024 saw significant economic developments in Australia. The government introduced changes to the Stage 3 Tax Cuts, aiming to provide greater benefits to middle-income earners. Inflation showed signs of easing, yet remained high in certain areas, prompting the RBA to maintain the cash rate at 4.35%. The stock market experienced record highs, while the property sector continued to face pressures with a national vacancy rate hitting a low of 0.7%. The labour market showed cooling trends with a shift towards part-time employment and a forecasted rise in the unemployment rate. This quarterly update highlights the dynamic economic landscape and the ongoing challenges and opportunities. Continue reading →

Posted in Economic Insights, Federal Budget, Tax Strategies | Tagged ASX200, Building Approvals, Capital Cities, Cash Rate, Central Banks, Construction Sector, Consumer Price Index, CPI, Economic Growth, Employers, Eurozone, Financial Advice, Full-Time Employment, Government, Home Value Index, Housing Market, Inflation, Interest Rates, Investment Advice, Jan-Mar 2024, Japanese Markets, Labour Market, Labour Market Conditions, National Vacancy Rate, Part-Time Jobs, Population Growth, Property Prices, Quarterly Economic Update, RBA, Recession, Recruitment Activity, Rental Properties, S&P500, Share Market, Stage 3 Tax Cuts, Tax Rate, Taxable Income Bracket, Treasury Forecasts, Unemployment Rate, Urban Property Prices, US Federal Reserve, Worker Shortages | Comments Off

Tag Archives: Housing Market

As interest rates rise, so does the risk of losing your home

The pros and cons of renting for life

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Mark Opie