How long it takes to save a deposit (and how to fast-track it)

Sure, saving a deposit is important, but your income can hold the real key to getting into the market. That’s because it shapes your borrowing power. It stands to reason that lenders will look closely at your personal income when you apply for a home loan. It’s not just about you being able to comfortably handle loan repayments. Lenders also have a legal responsibility to be sure you’re not taking on too much debt. The challenge for home buyers is that it can be unclear what sort of income you need to qualify for a home loan. The reality is that there’s no one-size-fits-all number. How much you need to earn to buy a home can hinge on where you plan to buy – and whether you plan to buy solo, or team up with a co-buyer. Average income is over $100,000 – is it enough? Across Australia, average weekly earnings for full-time employees are around $2,130. That adds up to an annual income of about $110,791. These figures are based on May 2025 data, so chances are, the average is a little higher in early 2026. Even so, the average full-time income may not always be enough for some home buyers to get into the market – especially if they choose to buy solo. Income requirements vary between cities Domain looked at how much buyers around Australia likely need to earn to get into the market, assuming a 20% deposit. It found that a solo buyer in Sydney, the nation’s most expensive property market, may need to earn about $232,000 annually to buy a home. A couple buying in Sydney should each earn $121,000. Melbourne buyers fare slightly better. A single person needs around $145,000 annually, while a couple each needs about $85,000. In Brisbane, a single buyer should aim for $166,000, dropping to $94,000 for each person in a couple. A solo buyer in Adelaide should earn about $143,000, or an income of $84,000 when coupled. In Perth, where home prices have jumped 97% in the past five years, a single buyer should have an income of $147,000 to buy a home, falling to $86,000 for each person in a couple. Buying solo in Hobart usually requires an annual income of around $118,000. For a couple, the income required is about $72,000 per person. Darwin has the nation’s most affordable property. Reflecting this, a single buyer could potentially buy a home with an income of $111,000, or around $68,000 per person as a couple. Finally, in the nation’s capital, solo buyers would need to earn about $151,000 to buy a place in Canberra, or $88,000 for each of a couple. The solution could be flexibility – or government schemes It’s important to point out that Domain’s analysis is based on buyers opting to buy a house, rather than an apartment. This matters because houses typically cost more than apartments. Bear in mind too, the income needs noted above assume a buyer pays the city’s median house price. You may be able to find a more affordable home, depending on where you’re looking to buy. This highlights the value of being flexible about what and where you buy, especially if you’re a first home buyer. Additionally, there are a number of government first home buyer schemes that could potentially help you buy sooner. For instance, the federal government’s 5% Deposit Scheme lets first home buyers get started with a smaller deposit and zero lenders mortgage insurance. Property price caps apply – or another scheme might be more suitable for your situation – so feel free to reach out to have a chat about them. Could you upsize your income? Talk to us first A survey by Canstar found around one-in-two Australians expect a pay rise in the months ahead. If that’s you, you may get a handy boost to your borrowing power. However, if you’re thinking of raising a hand for overtime work, it’s worth noting that not all lenders include 100% of overtime pay in their income assessment. The same can apply to commissions and bonus payments. That’s why it’s so important to speak to us – to get a clear idea of your borrowing power based on your current income. We can help you understand how much you can afford to borrow across different lenders. It may not be necessary to give up leisure time for overtime to achieve your home-buying goal. Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

Growing numbers of younger Australians are opting for regional living, and part of the lure of a ‘seachange’ or ‘treechange’ can be the chance to get more bang for your buck. As property values climb higher, the median home price across our combined capitals has just pushed past the $1 million mark. That’s seeing a rethink among plenty of Aussies, who are swapping city skylines for regional horizons. Relocations from capitals to regions are outpacing moves in the opposite direction, according to the latest Regional Movers Index. And recent CommBank research shows more than 5.3 million Australians – about 37% of city dwellers – would consider a tree change. Gen Z (aged 18-29) is leading the trend, with almost half considering a regional move. The Regional Australia Institute (RAI) found more affordable housing is a key appeal for more than two-in-five would-be tree changers, rising to one-in-two Gen Xers (1965-1980). But are property prices really more affordable outside the big cities? And what should buyers be aware of when it comes to buying a home among the gum trees? A $250,000+ price difference There’s no doubt regional Australia can give home buyers a generous serve of affordability. As a guide, the median home price across our combined capitals is currently $1,002,520. That’s a whopping $258,848 higher than the $743,672 median value across regional markets. This price gap doesn’t just mean saving on the cost of a regional home, and property-related expenses like stamp duty. It can also allow first home buyers with a smaller deposit to bring forward their buying plans, or buy a house rather than an apartment. In addition, a lower purchase price may mean you need to borrow less, which brings the added plus of lower home loan repayments. What about property price growth? Let’s bust a few myths. Yes, you can get great coffee outside of the cities, and no, regional areas don’t always lag behind state capitals when it comes to property price growth. The latest house price data from Cotality shows regional home values rose 10.3% over the last year, outpacing the 9.2% gains across state capitals. This isn’t a one-off. Regional home values climbed 57.4% over the past five years, compared to 42.8% across the combined capitals. This reflects what the Australian Housing and Urban Research Institute says is a knock-on effect of the long-term trend of people migrating out of our cities and into regional areas. Could a tree change impact home loan eligibility? If you’re considering pulling stumps from the city, and moving to the regions, it is important to be confident about your job prospects. The good news is that many regional locations have healthy job markets, though this is always worth checking (not to mention taking into consideration your occupation or qualifications). However, you may not need to change jobs at all. An RAI study shows close to half (47%) of city dwellers planning a regional move would stay in their current job on a remote or hybrid basis. Either way, it’s a good idea to talk to us about your work arrangements. That’s because home loan lenders like to see that you have stable employment when you apply for a home loan. Other than that, the process of applying for a home loan is much the same regardless of where you plan to buy. If you’re thinking of farewelling the big smoke in favour of country living, get in touch with us today. We can run through your situation and explain the home loan options that are a good fit for your needs. Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

Myth busted! Baby Boomers no longer own the bulk of housing wealth in Australia. We reveal who does, and how you could get started in the property market. As many Baby Boomers (those born between 1946 and 1964) start to enjoy their retirements, they are passing the baton of property ownership over to the next generation. A new report by KPMG reveals that Gen X (born 1965-1980) now holds more property-based wealth than any other generation. Not to be outdone, Millennials (1981-1996) are also making a strong start in property wealth. Let’s take a look at what’s happening, and how much property wealth each generation has accumulated to date. The “great wealth transfer” Baby Boomer households are still the wealthiest in Australia, with net worth (total assets minus debt) averaging $2.375 million per household. However, KPMG says that as Boomers progressively hang up their work boots, they are downsizing their properties, and shifting money into cash and superannuation. The upshot is that Boomers now have property wealth averaging $1.36 million per household. While that’s nothing to be sneezed at, it puts Boomers in second place behind Gen X, with an average property wealth of $1.455 million per household. Not surprisingly, both generations are ahead of Millennials, who have $890,000 in average household property wealth. But there’s an unexpected twist to the property wealth story. Property wealth is growing fastest for young Aussies Younger Australians have the lowest levels of property wealth. But they may have the upper hand when it comes to increasing wealth. KPMG says 25-34-year olds, essentially Gen Z (the ‘Zoomers’ born 1995-2012), have seen the biggest gains in household wealth over the past five years. The Zoomer generation has seen household wealth rise by around 63% since 2019-20. According to KPMG, that’s largely thanks to rising home ownership among younger Australians – proof that a decent portion is climbing their way onto the property market ladder. Property ownership pays off All these stats confirm the key role home ownership can play in our lives. Our homes aren’t just a place to live. They can also be a long-term investment. Sure, for most of us buying a home involves taking out a home loan. But paying off that loan can be seen as a form of forced saving, with the potential for household wealth to grow significantly. Without the benefits of property ownership, long term renters may face serious financial challenges in retirement, according to an RBA report conducted by the Grattan Institute. How you can get started If you’re keen to start building wealth through property, it’s good to know that there are numerous government schemes available that can potentially help you buy sooner. You may be eligible for a range of support – from the First Home Owner Grant, through to stamp duty savings, and the newly expanded 5% Deposit Scheme, which helps first home buyers buy with a smaller deposit and not pay lenders mortgage insurance. Contact us to find out which schemes you could be eligible for, what your borrowing capacity is, and whether you’re ready to start your property buying journey. Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

Bad news for mortgage holders around the country: the Reserve Bank of Australia (RBA) today raised the cash rate by 25 basis points to 3.85%. Today we’ll look at why it did so, and how this rate hike could impact your monthly mortgage repayments. Well, those three rate cuts in 2025 were nice while they lasted! But recent ABS inflation data (3.8% in the year to December 2025) has the RBA concerned enough to start 2026 with a rate rise in an attempt to beat inflation back down to the 2-3% target range. The RBA’s Monetary Policy Board said in a statement that while inflation had fallen substantially since its peak in 2022, it had picked up again in the second half of 2025. “While part of the pick-up in inflation is assessed to reflect temporary factors, it is evident that private demand is growing more quickly than expected, capacity pressures are greater than previously assessed and labour market conditions are a little tight,” the Board said of its unanimous decision. “The Board judged that inflation is likely to remain above target for some time and it was appropriate to increase the cash rate target.” How could this affect your minimum monthly mortgage repayments? Unless you’re on a fixed-rate mortgage, your bank will likely soon follow the RBA’s lead and increase the interest rate on your variable home loan. For an owner-occupier with a 25-year loan of $500,000 paying principal and interest, this month’s 25 basis point rate hike means your monthly repayments could increase by about $77 a month. That could add about $924 a year to your household budget. If you have a $750,000 loan, your minimum monthly mortgage repayments will likely increase by about $115 a month – or $1380 per year. Meanwhile, a $1 million loan could increase by about $154 a month – or $1848 a year. This all assumes that your lender automatically passes on the full 25 basis point hike to your home loan. Another thing to keep in mind is that when interest rates came down from the recent cycle peak of 4.35% throughout 2025, many banks around the country kept borrowers on the same monthly repayment amount – meaning they paid more off the principal of their home loan each month rather than the interest. If this is the case for you, your monthly repayment amount (very likely) won’t increase with this latest rate hike – it’s just that more of your repayment (0.25%) will go towards the interest on your loan, rather than the principal. To find out what your lender is doing with your loan, get in touch with us in a few days once the dust has settled and the banks have announced their next moves. Feeling the strain of your mortgage? Let’s talk Ok, so the RBA has lifted the cash rate – it can be a tough pill to swallow for families on tight budgets. But there are still some steps you could potentially take to help offset this hike. If it’s been a while since your last home loan review, now could be a good time to check in. You might be able to improve your situation – and we’re here to help you explore your options. This could include renegotiating with your current lender, refinancing to another lender, or debt consolidation. Every household is unique, and we’re committed to helping you find a solution that fits your needs. Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

After a lengthy run of rising prices in 2025, some pundits are tipping property prices could keep climbing in 2026. Today we’ll take a sneak peek inside the experts’ crystal ball – and what it could mean for your home buying plans. 2025 was a great year for home owners, though a little more challenging for buyers, with property prices climbing 8.6% nationally. And it seems there could be plenty of steam left in the market to push prices higher in 2026 – and again in 2027. A new report by KPMG suggests house prices across Australia could climb another 7.7% this year alone. Of course, a lot can happen to impact property prices over the next 12 months. So, how might prices perform in your patch? Below is a rundown of KPMG’s forecasts for property price growth across each of the major capitals. Sydney: the median house price could approach $2 million Sydney house prices are being predicted to rise 5.8% in 2026, with further growth of 5.7% in 2027. Apartment prices are forecast to increase 5.3% this year, backed up by a 4.0% rise next year. With Sydney’s median house price currently sitting at $1.62 million, if KPMG’s forecast proves correct, the median value could top $1.81 million by the end of 2026. Brisbane: the big gains may not be over yet Last year saw Brisbane home values rise 14.6% – some of the biggest gains nationally, second only to Perth. KPMG believes there’s plenty of fuel left in the tank, with house prices expected to rise 10.9% in 2026, and 8.9% in 2027. Meanwhile, the price of Brisbane apartments is forecast to rise 7.8% for 2026, followed by growth of 4.9% in 2027. Melbourne: price growth expected to outpace 2025 With a median residential property value of $854,000, Melbourne is now one of Australia’s more affordable capital cities. However, prices look set to climb, with forecast house price growth of 6.8% in 2026, and then rising another 7.3% in 2027. The next 12 months is expected to see apartment values rise 7.3%, with further gains of 5.5% forecast for 2027. Canberra: moderate prices growth expected Property prices in the nation’s capital rose just 4.2% in 2025, and moderate growth is expected to continue this year. KPMG is tipping house prices to rise 4.7% in 2026, followed by growth of 3.3% next year. Canberra apartments are expected to increase in value by 4.9% over the next 12 months, and then climb 3.6% in 2027. Hobart: softer growth tipped for 2026 After rising 7.8% over the past 12 months, property prices in Hobart could be poised for softer growth in 2026. House prices are expected to increase by 5.4% this year, while Hobart unit values are tipped to rise 5.1%. 2027 may see price growth continue, with house and apartment values expected to rise 4.1% and 4.0% respectively. Adelaide: the run of price growth may continue Strong price growth in recent years has taken Adelaide’s median home price to $908,000. This year, KPMG is expecting the run of growth to continue, with house prices forecast to rise by 8.2%, with a further increase of 3.3% in 2027. Unit prices are tipped to climb 6.6% this year, with growth of 3.8% in 2027. Perth: another year of big gains Perth’s property market was a standout in 2025, notching up price growth of 17.2%. According to KPMG, the WA capital is set to see double-digit price growth again in 2026, with house prices expected to rise 12.8%, and apartment values forecast to increase by 11.6%. Price growth may be more modest in 2027, with house and apartment prices expected to rise 5.1% and 3.9% respectively. Darwin: double-digit growth may lie ahead As Australia’s most affordable capital, with a median home price of $578,000, Darwin prices look set to rise over the next two years. House prices could increase by a hefty 10.5% in 2026, while apartment prices could see even bigger gains of 13.4%. 2027 should see slightly softer price growth across both houses (up 6.8%) and units (9.3%). What’s likely to drive prices higher? KPMG is not alone in expecting property prices to climb this year. Research group Cotality doesn’t offer price predictions, but it is expecting “modest” price growth through 2026. The common assumption underpinning these predictions is that two key forces are likely to push prices higher – tight supply of new homes coupled with strong buyer demand. Although housing construction is increasing, it is unlikely to keep pace with the estimated need for 240,000 new homes needed annually. Buyer demand has been heavily influenced by three rate cuts in 2025, and the expansion of the first home buyer 5% Deposit Scheme in late 2025. The upshot is an 18% rise in demand for home loans in December 2025 compared to the previous December. Time to review your buying plans? Of course, forecasts are just that – predictions – and plenty could change over the year ahead. Even so, if you’re holding off buying in the hope of prices softening, you could be left disappointed, and possibly even out of pocket. Now is a great time to talk to us to find out if you’re home loan ready. We’ll help you work out your borrowing capacity, so you can start working to a house-hunting budget. Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

A renovation boom may loom, with plenty of home owners choosing to renovate rather than relocate this year. So if you have plans for home improvements, it’s worth knowing how to fund your project. Australians love tackling home renovations! Home owners collectively spend over $1 billion each month improving their place. And along with a more comfortable home, plus the potential to add value, well-planned renovations can also be a money-saver. They don’t incur big, non-value adding costs (such as stamp duty) that go hand-in-hand with selling up and buying elsewhere. But amid the excitement of drawing up plans and comparing paint samples, it’s important to consider how you will fund your project. Here’s what to weigh up. Lending for renovations is on the rise For smaller renovations, it may be possible to use cash savings to cover the cost. But if you plan to shower your place with serious love, chances are you’ll need to consider finance options. That appears to be the case for a growing number of home owners. The Housing Industry Association says the value of lending for home improvements is now almost three times higher than it was pre-COVID. So it’s important that you choose the finance option that suits your needs. Your home loan could provide a solution Last year, around 30,000 home owners relied on housing finance to pay for renovations.. Fortunately, rising property values may mean you have enough home equity to help fund renovations. If that’s the case, you could opt for a loan top-up. This is where your lender agrees to let you borrow extra money by increasing your current home loan. A top-up can be a simple strategy. However, any change to your old loan should be a cue to look into refinancing. Switching to a new home loan may allow you to secure a more competitive rate or access improved loan features. Refinancing can come with costs. That’s why it’s so important to speak with us. We can crunch the numbers to show whether the benefits outweigh the costs, and if refinancing aligns with your goals. A construction loan could be worth a look For home owners undertaking major renovations, such as a large extension, a dedicated renovation or ‘construction’ loan might be a useful option. This type of loan differs from traditional home loans. Instead of receiving a lump sum of cash, the loan funds are gradually released in line with various stages of the project – from laying the slab to final detailing, for example. Part of the appeal of a construction loan is that interest is typically only charged on the funds drawdown. This can be helpful for cash flow while the project is underway. It’s usually only when the renovation reaches completion and is formally signed off that the loan reverts to principal plus interest payments. Construction loans can be useful for renovators but they’re not available through every lender. Want to discuss your reno finance options? If you’re keen to roll up your sleeves and give your place a makeover in 2026, get in touch with us to understand which finance options could meet your needs and budget. After all, trying to plan a renovation without a budget is guesswork. Having a clear figure to work towards can help you prioritise, and then get the ball rolling on, your 2026 home renovation project. Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

Owning an investment property isn’t limited to the uber-rich. In fact, investors are usually people you interact with daily. Today, we’ll reveal which occupations are the nation’s most prolific property investors, and how you could potentially join them.

What a way to start the new year! After a strong 12 months in the property market, plenty of homeowners around the nation are now a whole lot wealthier. And their newfound increase in home equity has opened up some exciting possibilities for 2026. Your home isn’t just a place to live in, it could also be a cornerstone of personal wealth. 2025 proved this in spades. At a time when holiday spending means many of us may not be feeling particularly wealthy, a rise in your home’s value could see you $82,200 richer (on average) as we head into 2026, according to PropTrack. Let’s take a look at what’s happening, and how you could put all that equity-driven wealth to work. 2025: a bumper year for homeowners Australia’s housing market finished 2025 on a record high, spurred on by rate cuts, increased investor demand and expanded home buyer incentives, says PropTrack. After climbing 8.8% over the year, the national median home value gained $82,200 over the course of the year. Even bigger gains were recorded in several capital cities. Sydney’s median value rose by $101,200 through 2025. Brisbane’s median went up $135,900 and Adelaide’s median home price grew by $101,600. Perth topped the leaderboard of gains, with the city’s median home price rising by an eye-watering $148,100 in 2025. A few smart strategies could help you get a lot more bang from your higher-home-equity buck! Here are three ideas worth a look. 1. Give your place a makeover Whether your home is a little too snug for your family’s needs, or it could just do with a thorough refresh, your home equity could help fund the renovation improvements. Even better, renovations don’t just make your place more liveable, they can also add to your property’s value – making renovations a win-win. 2. Invest in a rental property Property may not only serve as a long term investment, it could also generate regular rental income plus valuable tax savings (always speak to your tax professional for tailored advice on this). And if you think you have to be rich to become a landlord, think again. Teachers, nurses, truckies and cops are among the nation’s most-prolific property investors. That’s because one trick to becoming an investor is to use your resources wisely. The good news is that you may be able to use home equity in lieu of cash as a deposit on an investment property. This may not only let you hang onto cash savings, it could also mean you use one valuable asset (your home) to fund another asset (the rental place), which may also grow in value. 3. Refinance and reap the rewards of a new loan An increase in your home’s value may offer more than bragging rights around the office water cooler. It could also help you save on interest on your home loan. When your home’s value increases, your loan-to-value ratio (LVR – that’s the value of your loan as a percentage of your home’s market value) decreases. This shift matters because a lower LVR may mean you represent less risk to lenders. And this might see you eligible for a lower interest rate. Refinancing isn’t just about rate savings though. Switching to a new loan and lender could help you access new or more suitable loan features. It could also free up funds for other purposes – anything from giving your kids a quality education, to paying for your next holiday, or consolidating personal debt to streamline your finances. Talk to us about putting your equity to work If you’re not making the most of your home equity, it might be time to ask yourself ‘why not?’. Get in touch today to find out how you could make your home equity work harder. Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

There’s nothing quite like a New Year’s resolution to fire you up for another lap around the sun. Whether you’re looking to buy your first home, save on your mortgage, or leverage the equity in your current position, here are three resolutions to consider for 2026. So long, 2025 … You know what? We’ve got to admit, you weren’t too bad after all. Three RBA rate cuts, a bunch of first-home buyer schemes unveiled, and national property prices increasing by 8.7% all bode well for the three potential New Year’s resolutions we’ve outlined below. Potential goal 1: cracking the property market If you’ve been keen to buy your first home for a while, then we’ve got good news for you. There are currently a range of government schemes that could help you get into the property market with less than the typical 20% deposit. For starters, in October last year the federal government expanded the Home Guarantee Scheme (HGS) so that all first home buyers are now eligible to buy a home with as little as a 5% deposit – and not pay lenders mortgage insurance. Then in December, the federal government launched its long-awaited Help to Buy shared equity scheme. Under the scheme, eligible home buyers only need a 2% deposit. From there, the government contributes up to 40% of the purchase price of a new home and up to 30% for existing homes, in exchange for an equity stake in the property. There are also potential state and territory first-home owner grants and stamp duty concessions you may be eligible for, meaning you could already have enough saved up to buy your first home. Get in touch today and we’ll help you crunch the numbers. Potential goal 2: leverage newfound equity in your home As we touched on earlier, national property prices have increased 8.7% over the past 12 months. In the same period, we had three RBA cash rate cuts, meaning interest rates are lower than they were 12 months ago. Now, with those two special ingredients combined, you could potentially refinance your home loan to a lower interest rate, cash out some newfound equity in your current property at the same time, and use that equity to invest in an investment property, shares, or a renovation. Contact us today to get a clearer picture of your home’s potential equity – and how you could use it to achieve your financial goals in the year ahead. Potential goal 3: refinance to a more competitive interest rate The mortgage market remains highly competitive on the back of three rate cuts in 2025, with some lenders recently trimming their variable home loan rates. So there’s a chance you could be eligible for a lower rate, especially if you’ve had the same home loan for a while. Refinancing to a more competitively-priced loan could put money back in your pocket during 2026 (and beyond), or help you enjoy loan features better-suited to your needs. Contact us today for a home loan review. The odds of another RBA rate cut this year are looking increasingly slim, but that doesn’t mean you can’t create a special rate cut of your own! Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute tax or financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to your circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.