2017 in Review: Biggest Financial Announcements of the Year
It’s been a busy year for the finance and mortgage industry with plenty of changes, and the introduction of new policies and products, so in case you missed it, we’ve collated the biggest events of 2017 for you: 1.5% Cash Rate – The RBA left the cash rate at a record low of 1.5% throughout […]
It’s Time to Speak to Your Clients about their Budget
It is now more vital than ever to be having a discussion with your clients about their budget and spending habits. Recently, the Australian Securities & Investments Commission (ASIC) have been focusing the spotlight on living expenses and now require Lenders and Brokers to request savings account statements to verify that the borrowers expenses accurately […]
5 Mistakes Business Owners Make When Taking Out a Business Loan
It takes money to run a business, especially if you’re planning on purchasing new equipment or expanding. In most cases, you’ll need to borrow to get the necessary funds for your purchase or expansion. You therefore need to avoid these common mistakes: 1. Not following the business plan. Every business owner understands that it’s a nightmare […]
Are Loan Comparison Websites the Same as Using a Mortgage Broker?
Before taking out a home loan, it is essential that you compare lenders and their products first to know what your options are and to get the most suitable deal for your personal situation. There are three ways you can do this: Speak to as many lenders as you can yourself; Use a comparison website; […]
5 Tips for Keeping Your Budget on Track This Summer
Summer is well on its way and with it comes holidays, Christmas and good times with friends and family, but this can also be an expensive time for many. With enough planning and financial discipline, you can enjoy the season without breaking the bank or missing repayments. The goal is to ensure you spend less […]