Every homeowner loves the idea of becoming mortgage-free faster and paying less interest in the lead up to that landmark event. Fortunately, there are some easy steps you can take to get there sooner – whether you’ve just got your first home loan, want to increase your property equity or become mortgage-free as soon as possible. Let’s go over them.

Canstar asked me and 7 other money experts to share what we were hoping Santa will bring us this year. Here’s what we had to say

Here in Australia we have a lot to celebrate and be thankful for this year. After a tough couple of years of pandemic-induced uncertainty, we are opening up with travel back on the cards, we can also catch up with friends and family and we have a path back towards normality. As the festive season approaches, we may also need to consider how this celebration too might change.

Australia’s thriving property market has recovered so swiftly since the brief pandemic-induced recession of 2020, that authorities have stepped in to pull the reigns on runaway real estate prices. As a result, lenders have been asked to tighten serviceability criteria.