Tag: financial planning kit
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Parliamentary Inquiry Explores Impact of Lending Regulations on Homeownership
As the Reserve Bank considers potential interest rate cuts, the focus on housing affordability intensifies in Australia. With the likelihood of rate cuts being low until early 2025, the pressure on prospective first-time home buyers is mounting. The stringent lending criteria pose significant challenges for individuals like 22-year-old Cassie McLaren, who seeks parental financial assistance…