Lifecycle Finance - Lana Moy

28/08/2026

The $55m offset account warning for mortgage holders.

Your home loan repayments can look perfectly normal even when your offset account isn't delivering the savings it should.

That's one of the concerning findings from a recent review by ASIC, the financial services regulator.

ASIC found that when offsets don't operate correctly, banks may still collect the same repayment – but allocate more towards interest and less towards principal.

That can make the problem difficult for borrowers to detect.

A widespread problem

ASIC examined eight banks covering more than 70% of Australia's home loan market.

While their practices differed, every bank reviewed had weaknesses in how offsets were set up, monitored or managed.
Banks paid more than $55 million in compensation for failures over the two years to August 2025, with more expected.

The takeaway isn't that offset accounts don't work. Used correctly, they can help reduce mortgage interest and accelerate repayments.

But it pays to understand exactly what your loan promises.

05/08/2026

"House prices in Sydney and Melbourne will slump by up to 5 per cent this year before recovering most of the loss next year, one of Australia’s leading economists has predicted."

Being a buyers market, is it time to consider purchasing?

Prices are down, wages have remained stable, cost of living has increased.
If you want to know what your affordability looks like, get in contact.

https://www.domain.com.au/news/house-prices-correction-not-crash-1540965/

05/08/2026

Great time to buy...but where is the bottom of the market?

Sydney’s property listings have seen an abnormal winter surge, as buyers gain the upper hand in the falling market.

15/07/2026

When to buy?

"Time in the market is more important than timing the market"

Whoa, hang on a minute. If prices are going to fall, I don’t want to buy now. I’m going to wait until they crash.’ The problem is, nobody knows when it’s the bottom until it’s no longer the bottom.”

Australia’s property market has shifted firmly in buyers’ favour, but experts warn that waiting for prices to bottom out could prove a costly mistake.

09/07/2026

Rents start to increase as new investor numbers evaporate.

Rents have hit a new high after another recent surge linked to the government’s clampdown on investor benefits.

07/07/2026

It is a buyers market, but are there properties and bargains to be had?

Rattled homeowners are taking a desperate step amid another dour week of auction sales and warnings of more price falls.

06/07/2026

Low auction clearance rates....

Rattled homeowners are taking a desperate step amid another dour week of auction sales and warnings of more price falls.

30/06/2026

Great initiative.
Hopefully these can be rolled out in other locations.

An Australian-first program will allow mass rental flat-pack homes, which is expected to flood in one suburb - and they don’t need any DA approvals.

30/06/2026

Buying your first property?
It might be time to buy

House prices in Australia have recorded their steepest monthly decline in more than three years, according to new data.

29/06/2026

The property cycle, we are in the funk at the moment. How far are we from the bottom of the cycle, followed by a bounce back?

"As prices rise, affordability deteriorates and pressures emerge that cool the market, typically in the form of higher interest rates or changes to housing or tax regulation.

Prices may then decline, and a quieter period often follows as vendors adjust expectations and buyers become more cautious.

But when reduced competition draws buyers back, underlying demand builds and the supply of property remains tight, the recovery period begins as prices start to rise again.

Another growth phase then follows, typically triggered by interest rate cuts or demand-side housing policies such as first-home buyer grants and incentives."

The housing market moves in cycles, and a pullback in prices following record highs fits a familiar pattern.