What the Federal Budget means for property buyers and sellers When Federal Treasurer Josh Frydenberg delivered the 2021–22 budget last Tuesday, we were keeping our eyes and ears out for announcements that might have an impact on
We are very proud to announce that we have been shortlisted for one of The Adviser’s Better Business Awards! The Better Business Awards 2021 recognises the leading players in Australia’s mortgage and finance broking industry. We are a
Stamp Duty explained After the deposit, stamp duty is typically the biggest up-front cost for people buying property. Also known as land transfer duty, stamp duty is an amount of money levied by the state government. The
Already at historical lows, The Reserve Bank of Australia chose Melbourne Cup Day to make the jaw-dropping, but not unexpected, decision to reduce the cash rate even further in a bid to stimulate the economy following
Intro to refinancing Refinancing is simply the process of taking out a new home loan to replace your existing one. Typically people refinance to take advantage of a better interest rate, add additional features to their loan
What a difference a global pandemic makes! It was only a couple of years ago when the federal government was tightening the screws on borrowers. In fact, for much of the past decade, regulatory changes have made
Good news in recent changes From 19 October, there is some easing to restrictions that should bring a bit more life into the residential property scene. The changes announced on 18 October 2020 offer a bit of
A major barrier for first home buyers entering the housing market has always been the extra cost of lenders’ mortgage insurance. The First Home Loan Deposit Scheme was introduced to remove that cost for 20,000 applicants but
With many homeowners and investors suffering serious hardship due to the COVID-19 crisis, one of the big moves that banks and other lenders made was to offer ‘loan deferrals’. Often referred to as a ‘repayment holiday’, these
Disclaimer This article was first published on September 10, 2020 – we will try to keep it as up to date as possible but things move fast, so please visit the official Victorian Government Coronovirus (COVID-19) site. Stay
The current pandemic has touched every part of our lives, and the real estate industry is no different, yet people are still getting pre-approval from lenders, buying properties and taking on mortgages. So while some of the
Hard lockdowns, PPE, Iso, Coronavirus … 2020 has been a year where we’ve all unhappily learnt new words and phrases. Another new phrase we’re hearing more and more – while not exactly accurate – is a
