In business, growth is often the goal. But for many businesses, expansion means needing new equipment, vehicles, machinery or technology – and that all costs money. Asset finance can help reduce the initial outlay, while your business gets what it needs to scale. Here are some key things to consider before you apply and what… Read more about Getting what you need to get ahead: asset finance explained
Building a new home that looks and feels just right – or making big changes to the place you live – is a goal for many. But it can be a more complicated process and a very different experience to buying an existing property. And it can require a specific type of financing – a… Read more about Building not buying: do you need a mortgage or a construction loan?
You’re in the perfect location, so it might make sense to invest in what you’ve already got. Your first problem; improve and expand, or rip it down and start over? If the location suits, and you love the form and function of your place, renovating might be the answer. But if you’re running out of… Read more about To build or rebuild? That is the question.
Australia’s cash rate is now the lowest it has been in 23 years, a reaction initially to stunted economic growth and now to the impact of COVID-19 on the local and global economic landscape. As the uncharted negative interest rate zone looms, is it worth fixing your rate? Here’s what to weigh up when making… Read more about As low as it could go: is now the moment to fix your mortgage rate?
Come July 1 the annual tax window opens again. Property investors may have access to a wide range of tax benefits, but tax is a complicated matter. It pays to be across the details. Here’s how you could maximise your return, and what to watch out for. Over two million Australians own at least one… Read more about Not so taxing: making the most of your investment property at tax time
Whether you need funds to get a new enterprise off the ground or are looking for capital to take things to the next level, it’s important to understand if a business loan is right for you, what types of business loans are available, and what’s involved in the application process. Step 1: Explore the… Read more about Capital Gains: securing the finance your business needs
If you are finding it tough to meet your current financial obligations or you are just interested in reviewing your current home loan, then you are not alone. As mortgage brokers, we stand ready and able to assist with your options during this difficult time. Turbulent does not even begin to describe 2020 so far.… Read more about Finances on your mind? Do yourself a favour, speak to a broker
For lenders, the ideal customer has a steady income, ongoing employment and the ‘right’ paperwork. Here’s what you can do to get a loan in the gig economy. From launching a start-up, to contracting in the ‘expert economy’ or just renting out the spare room as an Airbnb, more and more Australians have sources of… Read more about Does the gig economy make it harder to get a mortgage?
The RBA’s decision to hold on interest rates gives us time to take a deeper look at what is going on. After all, there could be further cuts. What drives the decision making? What could send rates lower? To cut or not On the first Tuesday of each month, except January, the RBA board meets… Read more about Behind the curtain: what drives RBA decision making?
Since the start of the financial year, the RBA has cut rates to an unprecedented 0.75%. What happens if rates crash through zero and into negative territory? In August, Reserve Bank governor Philip Lowe told Federal Parliament’s Standing Committee on Economics that the RBA was prepared to do “unconventional things” to kick-start a flailing economy.… Read more about Uncharted waters: what happens if rates go sub-zero?
In the last five years, Australians’ perception of banks has changed. For many, dealing with banks has become a challenging and sometimes confusing process. As banks become more hands-off with their customers, more people are turning to brokers for help with their finance needs. This trend leaves room for brokers to step in and provide… Read more about The rise of second-tier lenders in Australia
Small businesses can always benefit from an upgrade to existing equipment or from purchasing the very latest technology or machinery. However, the reality is that many business owners simply don’t have enough working capital to consider an outright purchase – making equipment finance an advantageous option. Even if you can afford to invest significant cash… Read more about The Small Owner’s Definitive Guide To Equipment Finance