New figures show that paying off a HECS loan may significantly reduce a graduate’s borrowing power for a mortgage, with a potential impact of almost $100,000. Graduates on salaries of $125,000, $100,000, and $75,000 could see their borrowing capacity reduced by $95,900, $56,300, and $26,800 respectively due to their HECS debt. This is because banks consider a mortgage applicant’s debt-to-income ratio before lending money, and indexation levels on HECS debts have been increasing annually.
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Prince Louis: Adorable royal family member shows off toothless smile in adorable birthday portrait
Prince William and Princess Kate celebrated their son Louis's seventh birthday with a portrait featuring the young royal missing his front teeth, dressed in a green sweater and jeans. The post generated surprise among social media users at how much he has grown, with many commenting on his maturity and wishing him a fun birthday filled with family and cake. Louis, the third child of the couple and known for his cheeky antics, has become...
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