Financial Wellness Blog - Insights, Tips, and Updates

Australia's 'Extend and Pretend' Mortgage Strategy: A Temporary Fix with Long-Term Risks

In response to escalating housing affordability challenges, Australian lenders are increasingly adopting 'extend and pretend' mortgage...

1 day ago1 min read

Conor's Corner "This echoes exactly what we're witnessing firsthand at MyMoneyMedic—real Australians are barely managing to keep their...

2 days ago2 min read

In a candid analysis, Eliza Owen , head of research at property data firm Cotality (formerly CoreLogic), challenges the prevailing...

3 days ago1 min read

Major Australian banks have sparked media attention this week with a curious phenomenon—slashing interest rates ahead of official...

Apr 301 min read

Conor's Corner "The banks' recent moves to lower interest rates ahead of anticipated RBA cuts appear less about supporting existing...

Apr 282 min read

Conor's Corner "It’s telling that global media are now highlighting just how extreme Australia’s property market has become. The signs of...

Apr 271 min read

Conor's Corner "It’s good news for current borrowers if interest rates start to drop over the next six months. But the RBA is right to be...

Apr 262 min read

Conor's Corner "It is a clear reflection on how financially stretched normal Australians currently feel when it takes twice the average...

Apr 231 min read

Conor's Corner "Just look at these alarming global stats on Aussie property household debt to income is sitting at a jaw-dropping 185%,...

Apr 221 min read

Australians receiving pay increases are being cautioned by the Australian Taxation Office (ATO) about the potential for unexpected tax...

Apr 211 min read