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Liberty Personal Loans Help Australians Fund Energy-Efficient Home Upgrades

Liberty Personal Loans Help Australians Fund Energy-Efficient Home Upgrades

Miami Herald27-05-2025

As Australians seek to reduce gas and electricity usage, Liberty says personal loans could help make efficient-home upgrades a possibility.
MELBOURNE, AUSTRALIA / ACCESS Newswire / May 25, 2025 / The Australian Government committed $1.8 billion to extending the Energy Relief Fund in the 2025-26 Federal Budget - an initiative providing rebates on household energy bills until December 2025.
While this support is welcome, particularly during the colder months, many may be seeking long-term strategies to improve the efficiency and comfort of their homes.
From replacing outdated appliances to installing double-glazed windows and new insulation, improving a home's energy performance often involves a combination of upgrades. However, the upfront costs are a barrier for many.
Non-bank lender Liberty offers personal loans as a practical way to manage the upfront expenses involved with these upgrade projects, allowing homeowners to spread the cost of materials and labour over time.
According to Communications Manager Bernadine Pantarotto, personal loans support Australians in achieving their goals while staying on top of their budget.
"Making your home more energy efficient could deliver many benefits, from year-round comfort to potential long-term savings," Ms Pantarotto said.
"Liberty personal loans are designed with flexibility in mind, helping you bring your plans to life sooner."
Liberty says consumers could also use a personal loan for other purposes, including for travel, wedding planning, medical expenses, and debt consolidation.
With loan amounts of up to $80,000 and an easy online application process, Liberty offers a fast and convenient way for customers to access the finance they need. In some cases, approved applicants may even receive funds on the same day.
"As free thinkers, we champion inclusive lending practises to help everyone access the support they need."
Liberty takes a holistic approach to credit assessment, considering a range of customer circumstances - including those with variable income and less-than-perfect credit histories.
"We believe people are more than their circumstances and find innovative ways to support them," Ms Pantarotto said.
Along with personal loans, the leading lender offers flexible home, car, business, commercial and SMSF loans.
About LibertyAs one of Australia's leading non-bank lenders, Liberty offers innovative solutions to support customers with greater choice. Over more than 27 years, this free-thinking approach to loan solutions has seen more than 900,000 customers across a wide range of home, car, business and personal loans, as well as SMSF lending and insurance. Liberty remains the only non-bank lender with an investment-grade credit rating offering custom and prime solutions to help more people get financial.
Approved applicants only. Lending criteria apply. Fees and charges are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 872 Australian Credit Licence 388133, together trading as Liberty Financial.
ContactLaura OrchardMedia CoordinatorP: +61 3 8635 8888E: mediaenquiries@liberty.com.au
SOURCE: Liberty

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Motor insurance premiums likely to continue to rise as claims and costs surge
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Motor insurance premiums likely to continue to rise as claims and costs surge

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Potential federal cuts could lead Interfaith Housing Alliance to shrink services
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Potential federal cuts could lead Interfaith Housing Alliance to shrink services

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Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain
Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain

Associated Press

time2 days ago

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Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain

WASHINGTON (AP) — The tax cuts in President Donald Trump's One Big Beautiful Bill Act would likely gouge a hole in the federal budget. The president has a patch handy, though: his sweeping import taxes — tariffs. The Congressional Budget Office, the government's nonpartisan arbiter of tax and spending matters, says the One Big Beautiful Bill, passed by the House last month and now under consideration in the Senate, would increase federal budget deficits by $2.4 trillion over the next decade. That is because its tax cuts would drain the government's coffers faster than its spending cuts would save money. By bringing in revenue for the Treasury, on the other hand, the tariffs that Trump announced through May 13 — including his so-called reciprocal levies of up to 50% on countries with which the United States has a trade deficit — would offset the budget impact of the tax-cut bill and reduce deficits over the next decade by $2.5 trillion. So it's basically a wash. 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'You're not just getting the effect of a tax on the U.S. economy,' York said. 'You're also getting the effect of foreign taxes on U.S. exports.'' She said the tariffs will basically wipe out all economic benefits from the One Big Beautiful Bill's tax cuts. Smetters at the Penn Wharton Budget Model said that tariffs also isolate the United States and discourage foreigners from investing in its economy. Foreigners see U.S. Treasurys as a super-safe investment and now own about 30% of the federal government's debt. If they cut back, the federal government would have to pay higher interest rates on Treasury debt to attract a smaller number of potential investors domestically. Higher borrowing costs and reduced investment would wallop the economy, making tariffs the most economically destructive tax available, Smetters said — more than twice as costly in reduced economic growth and wages as what he sees as the next-most damaging: the tax on corporate earnings. Tariffs also hit the poor hardest. They end up being a tax on consumers, and the poor spend more of their income than wealthier people do. Even without the tariffs, the One Big Beautiful Bill slams the poorest because it makes deep cuts to federal food programs and to Medicaid, which provides health care to low-income Americans. After the bill's tax and spending cuts, an analysis by the Penn Wharton Budget Model found, the poorest fifth of American households earning less than $17,000 a year would see their incomes drop by $820 next year. The richest 0.1% earning more than $4.3 million a year would come out ahead by $390,070 in 2026. 'If you layer a regressive tax increase like tariffs on top of that, you make a lot of low- and middle-income households substantially worse off,'' said the Tax Foundation's York. Overall, she said, tariffs are 'a very unreliable source of revenue for the legal reasons, the political reasons as well as the economic reasons. 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