5% Deposit Scheme Puts Australian First-Home Buyers at Risk
New data reveals a surge in risky mortgages as first-home buyers with 5% deposits face high debt and potential defaults amid rising interest rates and inflation.
New data reveals a surge in risky mortgages as first-home buyers with 5% deposits face high debt and potential defaults amid rising interest rates and inflation.
Iran intensifies attacks on Gulf neighbours and blocks Strait of Hormuz shipping, sparking global energy crisis concerns as oil prices surge and Trump demands allied naval support.
Poland's economy has surged from post-Communist poverty to over $1 trillion in output, becoming the world's 20th largest. Key factors include EU integration, institutional reforms, and entrepreneurship, though challenges like an aging population persist.
Shoppers can organise their homes stylishly with B&M's Daisy Scalloped Storage Tub at just £2, offering more capacity than B&Q's similar £8 container. This lightweight, portable solution is ideal for clearing clutter in any room.
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RecommendedBrent crude trades near $105 per barrel as Iran escalates attacks in the Gulf, disrupting oil flows. Global stock markets show mixed results amid inflationary pressures.
Chinese researchers have engineered an optical clock so accurate it loses less than a second in 30 billion years, potentially enabling a redefinition of the second and new scientific applications.
A Chipotle customer revealed eating at the chain daily for over three years, accumulating 150,897 reward points worth about 92 free meals, sparking health and cost debates among fans.
Amazon's week-long Big Smile Sale runs until March 22, featuring up to 70% off groceries, home appliances, beauty products, and family essentials. No Prime membership required for these exclusive deals.
The Foreign Office's no-go warning for Dubai, Abu Dhabi, and Doha has stranded British travellers and triggered a seismic shift in tourism patterns, with airlines scrambling to reroute flights and passengers facing soaring fares.
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RecommendedA comprehensive taste test of nine cream cracker brands reveals Asda's offering as the winner, outperforming Jacob's in flavour and texture while costing less than half the price.
Environment Minister Murray Watt faced intense questioning from host Nat Barr over fuel shortages affecting regional Australia, with former Deputy PM Barnaby Joyce joining the criticism of government handling.
As gas prices spike, drivers face pain at the pump. Experts reveal seven practical tips to stretch your fuel further, from driving techniques to vehicle maintenance.
Approximately 3,800 workers at a major Swift Beef Co. plant in Greeley, Colorado, are preparing to strike, marking the first U.S. beef slaughterhouse walkout since the 1980s.
High-stakes negotiations to renew the US-Mexico-Canada trade agreement commence, with over $4 billion in daily cross-border goods at risk. President Trump's demands and potential withdrawal loom over the $1.6 trillion annual trade bloc.
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RecommendedDiscover Portloe, a Cornish fishing village frozen in time with stunning coastal views, fresh seafood, and historic charm, offering an escape from tourist crowds.
A woman discovered a nostalgic collection of 2004 items in a jacket pocket, including Blockbuster forms and Netto receipts, offering a glimpse into a bygone era.
A Chinese all-you-can-eat restaurant in Chengdu shut down within two weeks after a €15 monthly loyalty card led to over $100,000 in debt, with over 500 daily customers exploiting the offer.
Hyundai has issued a safety recall for its popular Palisade family SUV in Australia following a fatal incident in the United States involving a power-folding seat. The recall affects 2026 Limited and Calligraphy models, with owners urged to exercise extre
Analysis reveals concerns over Britain's energy security and naval capabilities, with criticism directed at Energy Secretary Ed Miliband's net zero approach amid global instability.
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RecommendedAustralia could face petrol shortages and fuel rationing if the Iran conflict continues, disrupting global oil supplies through the Strait of Hormuz and pushing prices above $2.20 per litre.
Reno, Nevada, once famous as America's quick-divorce capital, is now emerging as a top property destination, outpacing Las Vegas with surging home prices and attracting California buyers.
The ongoing US-Israel-Iran conflict has disrupted jet fuel supplies, causing prices to nearly double and forcing airlines to hike fares, with experts warning of further increases and holiday cancellations ahead of Easter.
With the British pound strong against the yen, now is ideal for a Japanese getaway. GetYourGuide's Head of Japan shares 10 tips for a serene and culturally rich cherry blossom experience in 2026.
A construction boss who called an Irish employee 'potato' and 'Paddy' has been ordered to pay over £23,500 in compensation after a tribunal ruled it was racial harassment.
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RecommendedManly Warringah Cabs, a taxi company operating for over seven decades, has abruptly closed, leaving customers stranded and drivers unemployed as its fleet is ordered off the road.
Work and Pensions Secretary Pat McFadden announces a £1 billion initiative to create 200,000 jobs for young people, targeting 'Neets' with grants and apprenticeship incentives.
A Queensland father lost his $98,500 home deposit and the property after a bank transfer delay triggered a legal clause, highlighting risks in property contracts.
A new survey reveals that 43% of young Britons trust financial advice from group chats more than traditional websites, with 71% using messaging apps for money-saving tips.
S-kin Studio, a Melbourne-based jewellery brand, has apologised after an advertising video that appeared to mock drug addiction and homelessness sparked widespread online outrage and condemnation.
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RecommendedRightmove reports average asking prices increased 0.8% to £371,042 in March, with the North West leading growth while London sees declines. Mortgage rate volatility persists amid global uncertainty.