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A reverse mortgage is a type of loan available to home-owners, typically aged 62 or older, that allows them to convert part of the equity in their home into cash. The key feature of a reverse mortgage is that instead of...
Category - Finance
RBA Raises Interest Rates from 0.85% – 1.35%
RBA Battles Rising Inflation in Australia by Raising Interest Rates It came as no surprise to some, but many were caught off guard when the central bank of Australia increased the cash rate target from 0.85% to 1.35%...
Cryptocurrency: Why Do Altcoin Prices Always Crash when Bitcoin’s Price Crashes?
The Crypto world market has crashed severally, however, it has always bounced back to unexpected gains. This has in many instances rejuvenated the investors’ confidence in the Cryptocurrency investment. Think of the...
Is ‘Buy Now Pay Later’ Service Regulation Inevitable?
Moorachydore, QLD, Australia – 25th February 2020 : Afterpay App sticker placed on a shopfront window at the Sunshine Plaza Mall. Afterpay is a buy now pay later service provider Commonwealth Bank has acted in...
Crypto-currency: What is a 51% attack?
The 51% attack can be defined as a situation whereby a miner or a group of miners are trying to gain control of more than 50% of a network mining power, hash rate, or computing power of a blockchain. Without...
The Scam Era : Know your scams in the world of modern technology
What is a scam? Most of us hear or see the word ‘scam’ at least once a day which tells us that ‘scams’ have almost become an element that the average individual has to contend with every day as he or she goes about...