What is a comparison rate?

26 Mar 2023

Anyone looking at taking out a loan will notice that there are two rates that appear – an interest rate and a comparison rate. While most people understand the purpose of the interest rate, it can be confusing to comprehend how it differs from the comparison rate. Let’s break it down to properly understand the difference.

Is my property cyclone proof?

17 Jan 2021

Did you know that cyclones occur in Australia more frequently than you hear on the news? And that scientist have also tracked them on other planets? But it is the ones that cross our coast that are the most damaging – it’s these low-pressure systems that form over warm tropical waters with gale force winds persisting for at least six hours that can extend hundreds of kilometres from the cyclone centre.