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Negative Gearing for Tax
- May 14, 2013
- Posted by: admin
- Category: Financial goals, Home loan product
No Comments[custom_frame_left shadow=”on”][/custom_frame_left] Negative gearing can have significant tax benefits but don’t let it be your only motivation for buying an investment property. The property you choose needs to stand on its own merits so that it has the potential to make money in the long term through capital gains. What you want to achieve is
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House prices bounce back
- April 24, 2013
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Home loan product, House prices, Inflation, Wealth
Australia’s housing market continues to rise, with consecutive quarters of solid growth in the national median housing price. Australian Property Monitors’ Quarterly Housing Report found the national median house price rose by 1.7 per cent over the March 2013 quarter, following a rise of 1.8 per cent in the December quarter. National unit prices decreased
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Self Managed Super: a growing trend
- March 1, 2013
- Posted by: admin
- Category: Finance News, Financial goals, Home loan product
[custom_frame_left shadow=”on”][/custom_frame_left] Lenders continue to launch new loan products to cater for the soaring popularity of self-managed super funds (SMSFs). With many of the features of regular home loans, these products entitle trustees to borrow within their SMSF to buy residential investment property or refinance an existing SMSF loan. The loans are repaid from rental
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Fix or not?
- February 15, 2013
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Home loan product, Interest rate, Wealth
A drop in fixed rates by a number of banks and lenders has increased the number of borrowers who are fixing their home loans. If you decide to do the same, make sure you are fixing for all the right reasons not just the lure of a cheap rate. Be fully informed of the implications
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Buying cheaper than renting: RP Data
- December 21, 2012
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Home loan product, House prices, Inflation, Interest rate, Wealth
There are now 494 suburbs across Australia’s capital cities and regions where it’s cheaper to service a mortgage than pay a landlord, according to new research by RP Data. In the latest Buy Vs Rent Report, RP Data found Queensland boasts the greatest number of suburbs and towns – at 185 – where it’s cheaper
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Fixed rate cycle tipped to turn
- July 25, 2012
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Home loan product, House prices, Interest rate, Wealth
Despite a spate of recent data indicating that the popularity of fixed rates is waning, now might be the right time for mortgage holders to fix their loan. Fixed rates are very low at the moment lower than they have been in years and as such, borrowers should think about fixing part or all of their home
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Rate cut fails to improve sentiment
- May 18, 2012
- Posted by: admin
- Category: Budget, Enconomy, Financial goals, Home loan product, Inflation, Interest rate, Wealth
Consumer sentiment is flat, despite a 50 basis point cut from the Reserve Bank. The Westpac Melbourne Institute Index of Consumer Sentiment increased by 0.8 per cent in May from 94.5 in April. Westpac’s Chief Economist, Bill Evans, said the results were surprisingly low and fell well below expectations. Its is a disappointing result. It follows a surprise
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Refinancing Mistakes to Avoid
- May 14, 2012
- Posted by: admin
- Category: Finance News, Financial goals, Home loan product, Wealth
Avoid these common mistakes and refinancing your home loan should be a simple, trouble-free experience. Successfully navigating the refinancing process can enable you to take advantage of better rates and features, as well as provide finance for a renovation, construction or property purchase. Mistake # 1: A history of arrears Lenders want to avoid taking
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More banks move rates
- May 9, 2012
- Posted by: admin
- Category: Enconomy, Financial goals, Home loan product, Interest rate, Wealth
As more lenders continue to move on rates, one thing is becoming very clear: no lender is prepared to pass on the full rate cut to borrowers. In the last few days, BankSA cut 38 basis points from its standard variable rate to 7.04 per cent, while St George also cut 0.38 per cent from its
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CBA follows NAB lead
- May 3, 2012
- Posted by: admin
- Category: Bank Profits, Enconomy, Finance News, Financial goals, Home loan product, Inflation, Wealth
The Commonwealth Bank of Australia has cut its standard variable rate and thrown down the gauntlet to ANZ and Westpac. This morning, CBA announced it would cut 40 basis points from its standard variable rate, taking it to 7.01 per cent – 0.02 per cent higher than National Australia Bank. Yesterday, NAB announced it would cut