Stamp duty can add many thousands of dollars to your new home purchase. So it is important to understand what it is and what, if any, concessions might be available to you. All Australian states and territories charge Stamp Duty. The amount payable is based on the purchase price or the market value of the property (whichever is greater) and it is applied to many transactions including transfers of property, mortgages and motor vehicle registrations. Each individual State an

Wow, it’s been quite some time since the RBA last raised its interest rates! I remember home loan rates of 13% and 14% as the 1990’s began, and that’s when we were looking for our first home – YIKES!! So, I wonder, how would YOU cope if the RBA lifted its rates?? For most of the last 10 years our interest rates have been at historical lows and for a lot of our first home buyers and young families out there, you may never have experienced an “official” rate rise. Although it i