Our recent client survey revealed 48% of our respondents told us they have an investment property! That’s music to a finance specialist’s ears – it’s satisfying to hear those people have a financial strategy that could lead to a more comfortable retirement. However, 66% of respondents also said they are worried about having enough money […]
Okay, so maybe your’re thinking that retirement for you is a long way off? Should you be worried? A recent study found up to 50% of older working Australians are expected to retire with debt and around 20% are expected to retire with a mortgage. So what do you think is one of the primary […]
What is an offset account? An offset account is a savings or transaction account linked to an eligible home or investment loan. It should operate the same as any other savings or transaction account, ie with a bank card for electronic transactions/transfers and the ability to withdraw money at ATMs etc. Offset accounts are usually […]
• Be realistic about what you can afford to borrow and repay. • Understand that borrowing calculators only give you approximations. Obtain all the facts. • Planning to renovate or have kids? Check your plans aren’t going to stretch your budget too far. • Cover your income and mortgage with insurance in case of illness, […]
Do you have children trying to get into the property market? Are your children wondering if it will ever be possible to buy a property in today’s market? Ex Reserve Bank governor Glenn Stevens stated that the only way for young people to get onto the property ladder in Australia’s most heated market – Sydney […]
The Federal Budget is looming AND there are rumoured initiatives to help first home buyers (FHBs) into the property market. So if you – or your children – are potential FHB’s it might pay to stay tuned…. Housing affordability has been a hot topic as a barrier to entry into the Australian property market. Despite […]
What you need to know about total and permanent disability insurance. If you’re a homeowner or are looking to purchase property, it is important to consider not only how you would meet your basic financial commitments, but how you would maintain your quality of life should you or your loved ones become gravely ill or […]
Generally your home provides the best opportunity to secure the most cost effective debt available in any given market. As your home is used as security against the loan, it provides the lender with additional confidence to lend money to you and at a lower interest rate than a credit card or personal loan. Credit […]