5 Myths (and 5 Truths) About Selling Your Home

1. I need to redo my kitchen and bathroom before selling Truth: While kitchens and bathrooms can increase the value of a home, you won’t get a large return on investment if you do a major renovation just before selling. Minor renovations, on the other hand, may help you sell your home for a higher […]

RBA keeps interest rates on hold at 1%

The Reserve Bank has taken a breather from cutting interest rates, leaving its official cash rate at the historic low of 1 per cent. Having cut rates at its June and July meetings, the market had largely anticipated the decision. However, it may just be a pause with expectations of a cut next month hovering […]

Questions to consider before furnishing your investment property

Any savvy property investor with a strong, thought out strategy for wealth creation will tell you that maximising rental returns is essential to success. After all, you rely on the cash flow from your portfolio as an income stream to help pay your mortgage, maintain your investment or save money for a potential holiday. One thing […]

The Upside of Being Pre-Approved

If you’re house hunting, chances are you’ve got every new property listing alert set up to reach your inbox the second it’s listed. You’re probably chasing agents and spending your weekends running from opening to opening. It’s an exciting experience but can be daunting. After all, buying a house is one of the largest investments […]

Reserve Bank cuts cash rate to record low of 1 per cent

The Reserve Bank (RBA) has slashed official interest rates again – the first time in 11 years it has cut in consecutive months – in another attempt to revive the sluggish economy. The RBA cut the official cash rate from 1.50 per cent to 1.25 per cent at its June meeting, and despite expectations it […]

Bridging Loans

Finance to buy your new home before the old one is sold Many, if not most, homeowners find their new dream home before they are able to sell their current one. Unfortunately, finding that home and finding the funds to purchase it are two very different things. In a perfect scenario, we would all be […]

Interest Rate cut to an all-time low of 1.25%

The Reserve Bank has cut the official cash rate for the first time since August 2016. This is what the new record low means for you. The historic move was announced by RBA governor Phillip Lowe this afternoon, ending weeks of frenzied speculation. The announcement means the cash rate will be slashed by 25 basis […]

How Your Credit Score May Affect Your Loan Application

When you’re making big financial decisions, such as applying for a personal loan or even simply switching telco providers, it’s important to understand the impact your credit score has and how it’s in turn affected. Creditors and lenders sneak a peek at your credit score and credit report before they approve (or sometimes deny) your […]

The upsides and downsides of home loan debt consolidation

All your debts in one basket – Why home loan debt consolidation could be the right move. A lot of small debts can balloon into one big headache. A simple way to get things under control could be to refinance your home loan to consolidate debt. So – is it right for you? What it […]

No Change! RBA keeps the rate the same

While economists have been divided on whether a cash rate cut was to be expected this afternoon, the odds for an alteration ahead of today’s meeting were the highest they’ve been since the rate last moved in August 2016.  However, the Reserve Bank of Australia has announced that the rate will remain on hold at […]

Thinking of getting a new car? Here are three tips to improve your profile with the lenders

Don’t apply for loans with multiple lenders to get the best rate, this will negatively impact your credit score – we can assess your profile against multiple lenders without impacting your credit file. If you own a vehicle, trade it in or add a deposit to put towards your loan. If possible wait until your […]

Buying in Partnership

How would you like to double your deposit and double your income to buy your first property? Sounds pretty good doesn’t it? That’s the reason why many young homebuyers are now working together with a partner, friend or relative to break into the property market. Although there are some excellent benefits to entering a property […]

RBA holds cash rate at 1.5% yet again

The Reserve Bank has kept the official cash rate at a record low 1.5 per cent for a 32nd straight month, as widely anticipated by economists. The decision at Tuesday’s April board meeting means the cash rate has not moved in 32 months. The rate, which reflects what the central bank charges commercial banks on […]

Some Common Home Buying Blunders

Your home is likely to be the biggest purchase you make, so it’s something you want to get right. Mistakes can be stressful and costly. Here are the biggest ones buyers make and some tips to help you avoid them. 1) Letting your heart rule your head. It’s often easy to be dispassionate about an […]