A race against the clock: Australian home buyers are feeling the pressure

A race against the clock: Australian home buyers are feeling the pressure
According to a new survey, almost three-quarters of Aussie home buyers believe that they have less time to make property purchasing decisions today than they did just five years ago.

Helping your kids buy a home

Helping your kids buy a home
If like many of our clients, your goal is to help your children buy a home, there are a few ways you can help. Perhaps some of the tips below might give you an idea or two to discuss with your adviser.

The “Bank of Mum and Dad”: Australia’s 5th Biggest Lender

The “Bank of Mum and Dad”: Australia’s 5th Biggest Lender
New research has found that the “Bank of Mum and Dad” has become Australia’s fifth largest lender as the number of first time home buyers relying on financial assistance from their parents increases.

Six traits of Australians living the dream

Six traits of Australians living the dream
Almost one in four Australians (23%) believe they are definitely or mostly ‘living the dream’, according to recent research from the Financial Planning Association. Here are six traits that have helped them to achieve their dreams.

What comes first: The property or the loan?

What comes first: The property or the loan?
Looking for a property to purchase is an exciting time. Choices regarding location, size, number of rooms and local amenities often see house hunters carried away in a deluge of daydreams and anticipation.

Could property investors bring down the Australian housing market?

Could property investors bring down the Australian housing market?
With the number of Australians getting involved with property investment steadily increasing over recent years, the RBA is now becoming concerned that many investors will put their assets on the market if capital growth should begin to show signs of slowing down.

Mortgage worries: RBA warns of future interest rate hikes

Mortgage worries: RBA warns of future interest rate hikes
For the 13th month in a row, the RBA has left the rate unchanged at a record low of 1.5 percent, which is great for news for the majority of Australians. The bad news, however, is that they intend to raise rates.

Looking to refinance your mortgage asap? Try a fast refinance

Looking to refinance your mortgage asap? Try a fast refinance
A fast refinance allows a borrower to switch their existing mortgage to a new lender without the risk of their current lender slowing the process down.

Aussie mortgage repayments now exceed the 30% “unaffordable” threshold

Aussie mortgage repayments now exceed the 30% “unaffordable” threshold
A new report on housing affordability in Australia revealed that the percentage of the average Australian household income used to service a typical mortgage has increased to 31.4%.

Home loan tips for people over 50

Home loan tips for people over 50
It might come as some surprise to hear that many banks and lenders have policies in place which restrict the borrowing capacity of older loan applicants.

Is it better to buy an investment property or home first?

Is it better to buy an investment property or home first?
There’s a lot to consider when making such an important purchase, especially for the first time.

Flirt with your home loan

Flirt with your home loan
Loyalty may be a virtue but it could be costing you up to $82,000 over your lifetime if you choose to stick with one of the big four banks.

Can refinancing my home loan save me money?

Can refinancing my home loan save me money?
Even if you secured a competitive package when you first took out your home loan, it’s worth reviewing each year to ensure the interest rates, fees and features continue to meet your needs.

Superannuation or Property: Where’s the best place to put your money?

Superannuation or Property: Where’s the best place to put your money?
If you’re paying off your home loan but you also understand the value in building up your super, you may find yourself trying to balance your present needs with those you’ll have in your future.

Close to one in five Australians have their home loan application rejected

Close to one in five Australians have their home loan application rejected
A new study has found that up to eighteen percent of Australians looking to get a home loan approved have been turned down by a financial institution and that close to one in ten have been rejected by one of the big four banks.

Nothing succeeds like succession planning

Nothing succeeds like succession planning
Small business is generally regarded as the backbone of the Australian economy, but that strong back is showing signs of age. With 30 per cent of all small business owners aged on the wrong side of 55, it is important to have a succession plan in place.

Three Ways for Younger Australians to get a foot on the Property Ladder

Three Ways for Younger Australians to get a foot on the Property Ladder
So it can be tough to put together a deposit, especially when you’re starting out. It’s a far cry from back in your parents’ day, when it seemed to be easier to achieve the great Australian dream of owning a home.

Closing the Gender Gap: Retirement Tips for Women

Closing the Gender Gap: Retirement Tips for Women
Women retire, on average, with $105,000 in super savings, which is $92,000 less than men, according to ASFA. More concerning is that 1 in 3 women retire with no superannuation at all.

How your job could save you thousands on your mortgage

How your job could save you thousands on your mortgage
There are a number of ways you can save on a new or existing mortgage, however, if you are lucky enough to work in a field which lenders consider be low-risk, you might not need to look any further than your job as a way to get a better deal.

Why your broker asks so many questions

Why your broker asks so many questions
Have you ever wondered why your finance broker asks so many questions when it comes to your financial situation? Outside of the obvious need to make sure that they can provide you with loan options that suit your needs and your goals for the future.

The best times of year to buy a new car

The best times of year to buy a new car
As anyone who has bought a new car can tell you, deciding on a vehicle that’s best for you and your budget and making sure that you get a good deal isn’t always as straightforward as you might think.

When was the last time you had a Home Loan Health Check Up?

When was the last time you had a Home Loan Health Check Up?
For most of us, when we first think that it might be time for a health check, we think of making an appointment with a doctor, not our financial well-being.

When does refinancing your mortgage make the most sense?

When does refinancing your mortgage make the most sense?
Should you refinance your current home loan or stick to your existing mortgage? The answer isn’t as straightforward as you may think.

ATO to disclose tax debts of Aussie businesses

ATO to disclose tax debts of Aussie businesses
As of the first of July 2017, the Australian Tax Office will gain the authority to release a business’s tax debt information to credit reporting agencies thanks to a new scheme introduced in the 2016 mid-year budget update.

Income protection insurance: Protecting what’s important

Income protection insurance: Protecting what’s important
Having your income insured against the possibility of being unable to work can go a long way to avoid defaulting on your home loan, personal loans or credit card debts and offers the piece of mind that comes with knowing that you’re protected.

Why Your Mortgage Broker Needs All That Paperwork

Why Your Mortgage Broker Needs All That Paperwork
It might not seem like it when you are sifting through your personal information and records, but providing your broker or finance professional with the right documentation will save you both time and money in the long run.

The Benefits of Equipment Finance

The Benefits of Equipment Finance
Whether it’s specialised equipment, heavy machinery or cutting edge IT upgrades, the right finance option can give you access to the funds required to purchase the assets your company needs to achieve further growth.

The worst mistakes Australian home owners can make as the RBA keeps interest rates on hold

The worst mistakes Australian home owners can make as the RBA keeps interest rates on hold
With all of the out-of-cycle rate and policy changes being introduced by lenders and regulators, mortgage holders are at risk of missing out on more competitive rates and loan options.

The Simple Guide to Selling your Home

The Simple Guide to Selling your Home
There is obviously more to selling your home than simply putting up a “for sale” in the front yard, however, many Australian homeowners are not aware that there are a few simple steps they can take to help them get the largest return on their investment.

Pre-renovation checklist: What you need to know before you renovate

Pre-renovation checklist: What you need to know before you renovate
Like most big financial decisions, deciding whether or not to renovate your home is something that’s best made after doing all the necessary research and carefully weighing up all the pros and cons.