How You Can Use Your Super to Save for a Home Deposit

ofadmin Broker 2, News Leave a Comment

Did you know that Australians can now make voluntary superannuation contributions of up to $15,000 a year for the purposes of buying a first home? Under the newly-legislated First Home Super Saver (FHSS) scheme first home buyers can now make Super contributions up to a maximum of $30,000 over more than one year. Given the generous tax regime for Super …

Across the Country, Henry’s Team Win the Prize

Henry Daniell Broker 2, News Leave a Comment

  I really am pleased I have an Award-Winning team – and I am really pleased to see that more-and-more the wider team are winning awards. Recently, two of my pups (Sarah Fallon and Mihir Shrestha) were nominated for awards in their own states. Mihir was nominated as Best Newcomer, while Sarah was nominated as a Rising Star. Given that …

Property in 2018: What You Can Expect

Graeme Salt Broker 2, News Leave a Comment

As the sun sets in one part of the World, it is rising elsewhere.  This is true for Australian property in 2018. While the long-anticipated cool down in the (investor) markets of the eastern states is now upon us, other sectors are now flickering into life. But one thing will not change, regulatory pressures on lenders mean that in 2018, getting …

Henry’s Winning Team

Henry Daniell Broker 2, News Leave a Comment

Woof!  Have you missed me? Sorry, I have been quiet recently, but I have been busy herding up the flock as we have receiving awards left, right and centre. While I myself am not that ego-driven, it has given me great pleasure to see the rest of the pack win prizes for their great work. First of all, Doug; the …

Will Property’s Past Haunt its Future?

Graeme Salt Broker 2, News Leave a Comment

“History doesn’t repeat itself – but it rhymes” – Mark Twain. The property market is turning – but what is it turning to?  Are we close to a property collapse? Below I have reviewed comments from some experts who have been through more than one property cycle. Over the past 20 years, nationally, this chart from Corelogic shows the property market …

Getting Business Finance is Easier than You Think

Graeme Salt Broker 2, News Leave a Comment

Did you know that getting finance for business purposes might be easier than getting a home loan? With the amount of scrutiny from regulators such as APRA and ASIC on residential mortgages, the banks are trying to increase their lending to businesses – and with ultra-low rates, business owners are finding commercial loans very competitive. Here are some examples of …

Savvy Borrowers Profit When Interest Rates Go Up

Graeme Salt Broker 2, News Leave a Comment

Two of the major banks are forecasting two rate rises in 2018. How will you cope when that little bit more of your household budget has to go on paying-off the home loan? NAB and ANZ economists are now predicting two rate rises next year, while CBA is predicting one rate rise. It has now been 83 months since the …

Good Mortgage Brokers Go Out of Their Way for Your Property Purchase

Graeme Salt Broker 2, News Leave a Comment

Around 60 per cent of Australians use mortgage brokers to purchase property.  These borrowers are learning that they are often better off getting a mortgage expert to source their loan than just going into any-old bank branch. According to research from Ernst and Young, borrowers who used brokers to arrange their loans did so because they perceived: It is more …