What a longer mortgage would cost you, and Australia's millionth refugee
Description
In the United States, there's a new proposal to address their nation's housing crisis. The Trump Administration is working to introduce 50-year mortgage terms for home buyers. Here in Australia, some lenders have recently started offering 40-year mortgages. One-third of Aussie adults polled said they'd take out a 40-year home loan if it reduced their monthly repayments to a more affordable level. So what are the pros and cons of longer mortgage terms? Eliza Owen is Head of research at Cotality, formerly CoreLogic Australia and Molly Benjamin is the founder of Ladies Finance Club.
Australia is on the cusp of welcoming its one millionth refugee visa since the second world war. Behind that statistic are so many stories of upheaval and hardship, but also resilience and hope in starting a new life. Ogy Simic is the Head of Refugee Leadership and Advocacy at the Asylum Seeker Resource Centre and Daniel Ghezelbash is Professor and Director of the Kaldor Centre for International Refugee Law at UNSW.
There's a growing trend of adding supplements and vitamins to every meal and snack. Between vitamin gummies and drinks fortified with this or that, we're constantly being sold "extras" ... even as headlines warn of inconsistent dosages and questionable efficacy. So, what's the consumer psychology behind their appeal? Paul Harrison is the Chair of Consumer Behaviour at Deakin University's Business School.
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