Category: Home Loan News
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Ottawa Funds AtkinsRéalis for Next-Gen CANDU Reactor Redesign
Ottawa has announced a significant financial commitment to support the redesign of nuclear reactors. The Liberal government is providing a loan of up to $304 million to AtkinsRéalis, formerly known as SNC-Lavalin, to develop the next generation of CANDU reactors. This move aims to enable the company to compete for work on a major expansion…
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Key Crypto Industry Developments: User Experience and Utility Expansion
The week in the crypto industry witnessed significant developments, with Ethereum focusing on enhancing user experience through its Protocol Update 003. This update aims to streamline operations and improve cross-chain functionality, emphasizing faster transactions and reduced costs. Ledger Nano S Plus – Crypto Hardware Wallet (Sapphire Blue) – Safeguard Your Crypto, NFTs and Tokens (for…
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Government Eases Home Loan Rules for HELP Debt-Holders
Australian banks have been directed to disregard student debts when evaluating home loan applications, a move aimed at assisting first-time borrowers burdened by HELP/HECS debts. Treasurer Jim Chalmers announced a series of regulatory changes to facilitate easier access to mortgages, particularly for university and TAFE graduates navigating the challenging property market landscape. Smash Your Home…
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Expert Guide: Best Small Business Loans and Financing Trends 2025
Small businesses looking for financing options in 2025 have a myriad of choices to explore. Whether it’s for expansion or daily operations, finding the right loan is crucial. To aid in this search, a team of experts assessed 25 lenders, evaluating them on various criteria to help businesses make informed financial decisions. Small Business Loans…
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Top 13 Payday Loan Platforms: Viva Leads Best Online Options
Financial emergencies can catch anyone off guard, making access to quick cash a top priority. Payday loans online have become a popular solution due to their convenience and speedy approval processes. With numerous lenders in the digital space, choosing the right one can be challenging. In this guide, we’ve compiled a list of the 13…
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ASIC Reviews Motor Vehicle Finance Sector for Consumer Protection
The Australian Securities and Investments Commission (ASIC) has initiated a comprehensive review of the motor vehicle finance sector, with a particular focus on consumer protection aspects, especially for borrowers in regional and remote areas, including First Nations communities. This review is aimed at evaluating the compliance of lenders, brokers, and intermediaries with responsible lending obligations.…
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Expert Tips for Navigating Home Loan Challenges in 2025
In 2025, amidst the economic challenges faced by Australian homeowners, financial expert Chris Foster-Ramsay offers valuable insights and tips to navigate the complexities of home loans. The Reserve Bank of Australia is expected to announce a rate cut soon, potentially providing some relief to borrowers grappling with escalating costs and multiple rate hikes. Despite the…
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Rising Consumer Debt Threatens Australian Household Financial Stability
In Australia, the dynamics of household debt have long been a topic of interest in the realms of economics and finance. Unlike many other advanced economies that have worked to reduce their household debt burdens, Australia has seen its households maintain high levels of debt relative to incomes over the past few decades. TI Financial…
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New York City Launches Financial Literacy Program for Students
New York City Mayor Eric Adams, along with the New York City Department of Consumer and Worker Protection (DCWP) Commissioner Vilda Vera Mayuga and New York City Public Schools Chancellor Melissa Aviles-Ramos, revealed the “Financial Literacy for Youth” (FLY) initiative aimed at ensuring that every public school student can acquire financial skills by 2030. This…
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Home Guarantee Scheme Boosts First Home Buyer Participation
A successful scheme for first home buyers, the Home Guarantee Scheme, has seen a significant increase in participation over the years. The scheme, which saw one-third of the nation’s first home buyers benefit last financial year, has been instrumental in aiding individuals in purchasing their first homes. This surge in uptake can be attributed to…