Three Key Triggers Telling You To Get A Depreciation Schedule 2019-11-05 Thank you to MCG Quantity Surveyors for providing this blog post. Every year people complain about Easter eggs being in the shops already in February, it’s one of those perennial water cooler topics like the magpie swooping season. Tax time is no different and for my part, I wish I wasn’t dron... Read more
How RBA rate changes affect your interest rate 2019-09-18 With the RBA setting the official cash rate at all-time lows, it’s a good time to work out how this impacts the interest rate on your home loan and whether you are getting a good deal or not. When the interest rate on your home loan fluctuates, it can feel as though you don’t have control of y... Read more
Another RBA Rate Cut! 2019-07-02 At its meeting today, the RBA board decided to lower the cash rate for the second month in a row by another 25 basis points to 1.00 per cent. Attention now turns to lenders, again, as we wait to see how this decision may affect home loan customers. In a statement accompanying the decision, ... Read more
RBA Rate Cut! 2019-06-04 At its Board meeting yesterday afternoon, the Reserve Bank of Australia decided to lower the official cash rate by 25 basis points to 1.25%. In a statement accompanying the decision, RBA Governor Philip Lowe said: The outlook for the global economy remains reasonable, although the downside ... Read more
APRA proposes regulation changes to help new Home Loan customers 2019-05-24 As the dust settles from the Coalition’s victory last weekend, our attention shifts toward the Australian Prudential Regulatory Authority (APRA). On Tuesday this week APRA released their proposal to adjust some of the rules imposed on lenders of residential home loans. These changes may help cust... Read more
What to consider when buying a second property 2019-05-14 Buying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further. Whether you’re building your property investment portfolio, buying a holiday house or supporting a family member, there are plenty of things to think about before you ... Read more
Stamp Duty Explained 2019-05-13 Stamp duty is a charge which is applied by state governments in Australia on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for in addition to your loan deposit. The amount of stamp duty you are required to pay differs in each state, how... Read more
Why should I make extra repayments on my Home Loan? 2019-05-13 Making extra repayments on your home loan can be a clever financial strategy. Investing your extra cash into your home can speed up your loan’s life cycle, with the added benefit of saving money in the long run. However, care must be taken to ensure that extra repayments are planned and the right... Read more
Five questions potential first-home buyers should ask themselves 2019-03-26 If you've never bought property or applied for a home loan before, you probably have a lot of questions. How much can I afford to buy for? How much deposit do I need? What will my loan repayments be? The answers to these questions will vary depending on your own personal situation. We have cre... Read more
Comparing Apples with Apples: Comparison Rates explained 2019-03-26 Comparing apples with oranges doesn’t make sense. To make finding the right loan easier, and to make advertised rates as transparent as possible, we have comparison rates. You’re looking for the best mortgage deal and you see an ad. It shouts ‘3.8% INTEREST!’ and, underneath that seemingly too... Read more
Your property inspection checklist 2019-03-14 When you’re house hunting, it’s easy to get distracted by aesthetics. This checklist will help you focus on what’s really important at a property inspection. Is it right for you? Is a spare bedroom, second bathroom or ensuite a must? Will everyone be safe or comfortable climbing stairs? Doe... Read more
When is the best time to refinance your home loan? 2019-03-13 As a home owner with a mortgage, chances are you’ve heard of the term 'refinancing'. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to con... Read more
