Tony Ibrahim is RateCity’s Senior Journalist and reports on personal finance news. A decorated journalist, investigative reporter and editor, he makes complicated things simple to understand so that you know how they affect your everyday.
87 articles written by Tony Ibrahim
Mortgage defaults rise, Analysts warn there’s more to come
Record low property prices and decreasing loan costs haven’t helped a growing number of people who have fallen behind on their mortgage repayments, -- and the trend is only expected to get worse.
Housing at its most affordable level in a decade
Falling property prices and cheap mortgage rates have led to housing reaching its most affordable level in ten years, according to analysts.
ASIC kept in the dark on scrapping responsible lending rules
Financial regulators weren’t asked for their assessment on the scrapping of responsible lending laws before the government’s surprise announcement, according to testimony.
A quarter of Aussies believe it’s the best time to buy a property
A quarter of Australians believe the pandemic and its subsequent response has led to the perfect conditions to snap up a property, according to a bank’s research.
Melbourne property listings surge, but economists ask: are they forced sales or is it a rebound?
Melbourne experienced a 330 per cent increase in monthly sale listings, causing experts to examine whether there’s a rise in distressed sales or an economic rebound.
Australia's best new and used car loans in October 2020
Shoppers in the market for a new car arguably have more bargaining power today than they’ve had in years, as dealers are working hard to turn a 30 month trend of falling car sales.
Used car prices swell by almost 30 per cent during COVID-19
Used car prices have swelled by a record 30 per cent following a stock shortage, but economists are suggesting now might be the time to sell as the rollercoaster ride could turn.
Amid record low lending, property investors look for bargain loans
Investor lending has dropped to record lows around the country, but about a third of property investors are watching rates closely in the hope of refinancing.
Afterpay to provide Westpac-powered savings accounts
Afterpay’s millions of customers will be able to sign up for Westpac-powered savings and transactions accounts under a partnership between the two traditional rivals.
TicToc cuts home loan interest rates to new low ahead of RBA meeting
Online lender TicToc has cut interest rates on its home loans a fortnight before a possibly historic rate cut, positioning its product alongside some of the most competitive in the market.