Finance News

From the monthly archives: July 2013

We are pleased to present below all posts archived in 'July 2013'. If you still can't find what you are looking for, try using the search box.

Sydney In Mercer's 2013 Most Expensive Cities

Posted on Wednesday, July 24, 2013

For the first time, Sydney is among the top 10 of the world’s most expensive cities for expatriates, and is the only Australian city to do so, according to Mercer’s 2013 Cost of Living Survey.

For the survey, New York is used as the base city, and all cities are compared against it. Currency movements are measured against the US dollar. The annual survey covers 214 cities across five continents and measures the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household goods and entertainment.

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Presenting With Confidence

Posted on Monday, July 22, 2013
Interested in learning how to present with more confidence?  Click here for information on an upcoming 1 day course held at Channel Nine. Read the rest of entry »

Changes To Mortgage Insurance

Posted on Monday, July 22, 2013

What Is Mortgage Insurance?

Mortgage insurance (also known as mortgage guarantee) is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer and is usually required if the buyer does not have in savings 20% of the purchase price plus costs.

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Million Dollar Suburbs

Posted on Wednesday, July 17, 2013

Million dollar price tags in Melbourne are becoming the norm as recent data now puts 42 suburbs above the $1 million median house price bracket. Are the suburbs in your area on the list?

Based on data covering the last 12 months, REIV (Real Estate Institute of Victoria) has found that nearly 50% of Melbourne neighbourhoods are now million-dollar plus properties, with median house prices ranging from $1,010,000 in Flinders, on Victoria's picturesque Mornington Peninsula, to $2,600,000 in CBD neighbouring suburb East Melbourne and many in between

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