An inevitability when purchasing a home is encountering the acronym LVR, which means Loan to Value Ratio. But what does this mean? When you are working out the amount you can borrow to purchase a property, the size of the deposit you need to save, and whether you’re eligible for a particular mortgage product, the Read the full article…
On the 30th of June, the 2023-2024 financial year will reach its conclusion and Australians will wrap up their financial books, lodge their tax returns and start planning for the next financial year. If you’re running a small to medium business, now is the time to start looking at which tax deductions and concessions you Read the full article…
It’s an unfortunate and all-too-true reality that the gender pay gap still exists. The gender pay gap is not a direct comparison of like roles. Paying men and women different salaries for the same work has been illegal in Australia for over 50 years. The gender pay gap highlights the difference between the average or Read the full article…
March 2024 is upon us, and the Reserve Bank of Australia (RBA) Board has made yet another cash rate decision. In line with the RBA’s revised approach to monetary policy decisions (longer meetings that are fewer in number), the March meeting began on Monday afternoon, March 18, and continued the morning of March 19. Read the full article…
If there is one lifestyle trend that has persisted over the last 5 years it’s Australia’s love of smart home. Last year it was reported that over half of Australian households have some form of smart technology implemented, marking an annual growth rate of over 8%. (We were onto the trend way back in 2022! Read the full article…
Great news for homebuyers and homeowners; the Australian Government has announced changes to the stage 3 tax cuts which will put extra cash back in the pockets of more Australians. What Changes Are Being Made To The Stage 3 Tax Cuts? Australians earning between $18,200 and $45,000 a year will see a reduction in tax Read the full article…
It’s February and the festive season is over (sadly), so what better time to refocus on your finances? To kick things off, let’s look at the first cash rate decision of 2024. On Tuesday February 6, the Reserve Bank of Australia (RBA) Board chose to keep the cash rate on hold at 4.35%. Remember Read the full article…
After decades of hard work, smart saving, and difficult decisions, you’re starting to plan your retirement! Being retirement-ready is a sizeable achievement and should feel like a weight off your shoulders. If your mind is racing with fears and anxieties about running out of funds, or not being properly set up, here are a couple Read the full article…
Picture this: you’ve found the perfect home, it’s everything you’ve ever dreamed of, but it’s just outside your price range. You need a deposit quick, so you decide to start budgeting. Where do you begin? Whether you’re saving up for a home loan deposit, keen to cut costs to help with repayments, or just trying Read the full article…
If there was still any remaining doubt, it’s now clear as day that mortgage brokers are who the majority of Australians turn to when looking for a home loan. Highlighting the quality service and support mortgage brokers provide, a recent report commissioned by the Mortgage and Finance Association of Australia (MFAA) found that more than Read the full article…
