Mortgage Brokers Still Have a Place with AI

In future, will people arrange their loans via AI – making brokers redundant? The last few days, we have seen job losses in some of our major technology companies laying off: For Block, this represents 40 per cent of its workforce. Most commentators argue that AI will impact white collar workers more than most – […]

Can anybody see property stop growing?

By Graeme Salt The total value of residential dwellings in Australia is now $12,307.2 billion according to the Australian Bureau of Statistics (ABS). How much of your wealth is tied up in property? According to the ABS there has been an increase of $384.8 billion since the previous quarter. While the value of Australia’s property […]

33,000 deaths this year will impact the property market.

By Graeme Salt My Mum’s death will help reshape where and what we purchase, who buys and how much they pay. Her passing is part of the great wealth transition, where assets are being transferred from baby boomers to their kids – helping them get on the property ladder. According to research by demographer Bernard […]

Can anybody see property stop growing?

The total value of residential dwellings in Australia is now $12,307.2 billion according to the Australian Bureau of Statistics (ABS). How much of your wealth is tied up in property? According to the ABS there has been an increase of $384.8 billion since the previous quarter. While the value of Australia’s property appears to be […]

Trees’ Impact on Property Value (Good and Bad)

By Graeme Salt $100, 000 – that is the difference in house prices between a well-positioned and poorly-positioned tree. According to research by the University of Technology Sydney*, a single street tree can potentially increase an average Sydney house price by $30,000. But, if a tree is too close to a home, it can actually […]

Why first timers may be wise buying a place – even as prices rise

Would-be first-time buyers are caught between a rock and hard place – either they buy at exalted prices, or they remain as tenants and pay exorbitant rents. The first-time buyer market is turbo-charged due to government incentives that only seem to benefit sellers. Yet, with rents also increasing dramatically, would-be buyers may still be best […]

We all hear about paying fortnightly, but few people understand how it actually works.

how to pay off mortgage faster Australia

Here’s a simple mortgage strategy that could save you years and tens of thousands of dollars. We all hear about paying fortnightly, but few people understand how it actually works. Pay half your monthly mortgage payment fortnightly instead of the full amount monthly. It sounds small, but the math is powerful. By paying fortnightly, you’re […]