the mozo blog

It’s not yet been a week since Mozo’s VICE Presidential race kicked off, and already Australians have confessed to a quarter of a billion dollars worth of spending sins. Who knew you were all so profligate?

Well, we kinda suspected…

But the big surprise has been the vices themselves, with Gadgets taking the lead on $77 million, closely followed by Shoes & Clothes.

Seems we’re a nation of chic geeks.

So what ever happened to the party-hard Aussie yobbo? After a strong start, Booze has drooped to a groggy $15m, and Ciggies are only coughing up $4.5m.

Of course, it’s early days yet, and having stepped over more than one xmas reveller on the way to work this morning, Mozo thinks there are a few sinners holding out on us…

So pop an aspirin and join the race to become Australia’s first VICE President.
http://mozo.com.au/vice-calculator

That five grand – and limitless kudos – could be yours!

Dear Mozonians,

Do you know how much your Vices are costing you? If you’re anything like us, you’ve got no idea just how bad it is. All those coffees each week, the shoes clogging up your cupboard, the night on the drink that mysteriously drained your whole bank account – and let’s not even get started on Christmas and New Years.

Truly, we are a viceful people.

But here’s the good news: We’re looking for Australia’s First Vice President! That’s right, we’re going to reward the vices you try so desperately to hide!

Simply head to our Vice Calculator, tot up that vicious spend and come up with a campaign promise to smite your vice. The candidate with the best promise will win $5000!

Follow the campaign trail on Facebook and Twitter to read and vote on your rivals’ promises, and be sure to boost your supporter base — get your friends to vote for you.

The VICE President will be inaugurated on Australia Day — so join the race and start campaigning today!

Team Mozo

Electoral Regulator

Yet another RBA announcement looms. Apparently someone (God, Galileo or the Greenwich Mean Time Monster) has organised calendar dates in an effort to inflict as much pain on borrowers as possible – seriously, how can there be so many Tuesdays in every month?

In light of this startling revelation, we thought it would be a good chance to gauge the thoughts of the mortgage community who are, unfortunately enough, staring down the barrel of 18 months of gradual pain.

To make this amazingly easy for us, The Daily Telegraph have put together a short survey around Tuesday’s meeting, which can be completed at this very clickable green link. For those of you in the community who think the Reserve Board is out of touch, or would like to pen an imaginary message to RBA overlord Glenn Stevens, then you will find this a convenient, interwebs based soap box.

So despite the cash rate reaching 50 year lows, and staying that way almost long enough for even the most indecisive property owner to fix a pretty special rate, the Monetary powers that be are again falling back on their old tools. Now it appears people must brace themselves for a good, healthy dose of monthly electroshock therapy. Let’s just hope it ends better than it did for Jack Nicholson.

Need help with the pain? Compare Home Loans with Mozo to find a better a deal.