Category: Home Loan News
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South Australia Braces for Refinancing Surge Amid Rate Cut Speculation
A potential surge in refinancing applications is anticipated across South Australia following the Reserve Bank of Australia’s upcoming decision. The prospect of another interest rate cut has prompted many homeowners and investors in SA to consider refinancing their loans. Loan Market has already noted a significant increase in refinancing applications from SA borrowers compared to…
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KPMG Guides Boom Logistics Through Successful Debt Refinancing
Boom Logistics, Australia’s largest mobile crane operator, recently underwent a significant refinancing process with the assistance of KPMG. The company faced challenges stemming from a downturn in mining activity, leading to operational and financial pressures. KPMG’s Debt Advisory team played a crucial role in advising Boom Logistics on refinancing its $57.5 million syndicated debt facility.…
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Rate Cut Sparks Surge in Property Market Activity
The recent decision by the Reserve Bank of Australia to cut the cash rate for the third time this year is expected to have a significant impact on the property market in the upcoming spring season. This rate cut, bringing the cash rate down to 3.60 per cent, is likely to fuel a surge in…
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Chelsea FC and FICO Team Up for Financial Empowerment
Chelsea Football Club has announced a significant partnership with global analytics software company FICO, marking a new chapter in their efforts to promote financial empowerment. This multi-year collaboration aims to raise awareness about the critical role of credit scores in achieving financial stability for consumers in the USA. Credit Score Guide For Beginners: Remove All…
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Local Share Market Red as DeepSeek Disrupts Tech Giants
In a significant turn of events, the local share market closed in the red after failing to sustain mid-session gains, following a technology rout on Wall Street triggered by the rapid rise of Chinese AI start-up DeepSeek. This unexpected development led to a massive drop in the value of giant US chipmaker Nvidia and a…
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New Guidelines Advise Annual Fall Screenings for Older Australians
GPs are advised to conduct annual screenings to assess older individuals’ risk of falls as part of the newly updated national guidelines, marking the first revision in 16 years. Reading Assessment: Linking Language, Literacy, and Cognition | $89.71 The revised guidelines, designed to mitigate the risk of falls among older Australians, have been positively received…
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2025 Financial Regulations: Key Compliance Dates and Updates
Staying abreast of regulatory changes is a critical task for professionals in the financial services sector. The landscape of federal and state regulations is in constant flux, presenting challenges for businesses to keep up while managing day-to-day operations. As we step into 2025, it is essential to mark key compliance dates for various consumer and…
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Innovative Digital Guide Revolutionizes COPD Management with Smartwatches
Coventry University researchers have unveiled an innovative digital guide aimed at aiding patients grappling with Chronic Obstructive Pulmonary Disease (COPD). The disease, a prevalent lung condition globally, poses challenges to breathing and can severely impact individuals’ well-being while also straining healthcare resources. Dr. Laura Joanne Wilde and Nikki Holliday, working at the Research Centre for…