There was plenty of financial news this week. For people preparing to buy, refinance or review the family budget, the useful question is: “What could change my borrowing position or monthly repayments?” First, interest rates are still high. Australia’s cash rate is 4.35%. Instead of trying to call the next move, test your budget at today’s rate and again at a slightly higher rate. The gap shows how much breathing room you have. Second, a cooler property market does not make e

— they are often afraid of choosing the wrong funding. Recent data shows a widening gap. Large businesses are still expanding, while Australian SME business-loan growth was almost flat at about 0.5% in June. SME asset-finance demand also fell by about 5.6%. That does not mean business owners have no need for funds. Often, uneven cash flow makes a new repayment feel risky. Before applying, check four things: 1. Define the purpose Equipment, seasonal stock and a short cash-flow

The Australian mortgage market feels mixed right now. Some lenders are cutting selected home loan rates, and more sub-6% options are appearing. But APRA and market data are also putting more attention on high debt-to-income lending, especially for investors. For property investors, the message is simple: Strong rent helps, but the bank still wants to know if you can hold the loan. 1. Rent is only one part of the picture Lenders may include rental income, but they will also as