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206 articles written by Peter Terlato

Cryptocurrency

The risks of cryptocurrency trading: what to look out for

Most cryptocurrencies are unstable assets, prone to significant market movements and vulnerable to abrupt abolition. While there are some proven stayers, much of the industry is relatively fickle and exchanges have encountered extreme levels of volatility since inception.

peter-terlato

Peter Terlato -

10 Nov, 2022 -

7 min read

Credit Score

Medibank and Optus hacks serve as timely reminder to check your credit score

Your credit score helps lenders determine whether or not you’re an equitable borrower. Performing regular credit score checks is a sensible, preventative measure to monitor whether someone has illicitly used your personal information to obtain a line of credit.

peter-terlato

Peter Terlato -

09 Nov, 2022 -

5 min read

Personal Loans

Sail into summer with November's top personal loans

Fixed term personal loans for the purchase of other transport vehicles and equipment rose in September. You might be considering buying a boat, trailer, caravan, jet ski, motorbike or all-terrain vehicle (ATV). A personal loan could help you fulfill your summertime ambitions.

peter-terlato

Peter Terlato -

07 Nov, 2022 -

3 min read

Home Loans

RBA hikes by 0.25%: What does this mean for a potential recession?

The economic issues we are currently facing are likely to be temporary and Australia is expected to fare better than most countries, potentially avoiding the unfolding global recession. However, it’s likely we’ll see further interest rate rises this year.

peter-terlato

Peter Terlato -

04 Nov, 2022 -

6 min read

Home Loans

The economic tipping point: when could we see the RBA's moves start to impact inflation?

Ongoing global supply chain delays and materials shortages, as well as Russia’s invasion of Ukraine, China’s covid-zero policy and other economic constraints are key drivers of inflation. So, why haven't central bank's recent interest rate hikes impacted prices?

peter-terlato

Peter Terlato -

27 Oct, 2022 -

7 min read

Home Loans

Here's what Australia's big four banks think of the federal budget

Australia's biggest lenders are in a strong financial position thanks to soaring interest rates. Although the government’s budgetary measures were found to be relatively moderate this time around, it may preempt a more exertive and transformative May budget for 2023/24.

peter-terlato

Peter Terlato -

26 Oct, 2022 -

5 min read

Home Loans

7 key budget announcements and how they'll affect your finances

The budget outlines the financial approach the government will take to secure Australia’s economic future. Despite fears of a looming global recession, there are some interesting and potentially positive announcements to be drawn from Labor’s first federal budget since 2013/14.

peter-terlato

Peter Terlato -

26 Oct, 2022 -

8 min read

Cryptocurrency

What is TRON?

TRON boasts 115 million global users and has processed more than 4 billion transactions. The TRON network became fully decentralised in December 2021 and is now a purely community-governed Decentralised Autonomous Organisation (DAO). The Tronix (TRX) token serves as the fundamental unit of exchange on the TRON network.

peter-terlato

Peter Terlato -

25 Oct, 2022 -

7 min read

Home Loans

Can you get a home loan if you owe taxes?

During the mortgage approval process, lenders gather information that may uncover tax debts. If you owe money to the ATO, there are lenders that may be willing to approve your home loan application.

peter-terlato

Peter Terlato -

14 Oct, 2022 -

5 min read

Cryptocurrency

Google will accept crypto payments for cloud services from early 2023

Crypto’s notorious volatility and lack of real-world use cases means that, currently, its viability as an efficient and effective form of payment is unproven and questionable at best. However, there may be greater potential for crypto payments in the form of stablecoins.

peter-terlato

Peter Terlato -

12 Oct, 2022 -

3 min read