The following charts show the average amount borrowed by Australian First Home buyers, and the numbers of such borrowers in each State.
New South Wales Average First Home Buyer Mortgage
| Dwellings financed | Number | Average loan size | Jan-Dec 1992 | 20,709 | $ 91,755 | Jan-Dec 1993 | 27,482 | $ 96,642 | Jan-Dec 1994 | 33,023 | $105,038 |
Overseas Money Transfers
The following figures are calculated from the Australian Bureau of Statistics:
5609.0 – Housing Finance, Australia
6302.0 – Average Weekly Earnings, Australia
2010 – First Home Mortgages
| March 2010 | June 2010 | October 2012 | Ave Value | No of Loans | Ave Value | No of Loans | Ave Value |
The movement between the British Pound and the Australian Dollar for the years between 2000 and 2009
Current rates for the last day, month and year can be found at
… Read the rest
When transferring money from one country to another, be sure to check all options, as the cost can vary enormously.
Some companies make their profit on the exchange rate, by giving you less $ for each , but others give a better rate although charge a higher fee for doing … Read the rest
Percentage of Investor loans as a total of all home loans in Australia, has risen from about 15% of all loans in 1990 to 30% in 2009, although there was a peak of almost 34% in 2004.
According to figures from the Reserve Bank of Australia, the following shows the growth of Credit Card Debt in Australia, on an annual basis, taken in October each year.
Year : Total of all Credit Card Balances : Average Card balance
Oct-94 $5,267,000,000 = $805 ave balance per card
Oct-95 … Read the rest
For a long time, one of the common gripes abut Australian Banks has been the monthly fees charged by many of them just for having an account.
However, not all the banks have actually charged this, and most of them have an option to have a fee free account for … Read the rest
In the UK there is the website www.moneysavingexpert.com
In Australia we have nothing that is as close to that, so, why not create one here ?
Or at least add some links to similar sites…
Ideas for cutting costs and general information
… Read the restAustralian Mortgage Delinquency by Postcode – 30 September 2009
Nov 2009
The number of mortgage arrears declined across Australia over 2009, thanks to record low interest rate and a resilient economy according to a new Fitch Ratings survey in 2009, reported at www.yourmortgage.com.au
The Fitch Ratings report analysed data from … Read the rest
