What to consider when buying a home during the holidays
For many buyers, the summer break can be a convenient time to search for a new home. With more flexibility in your schedule and a quieter property market, the holiday season may offer opportunities to explore listings and attend inspections. However, as with any property decision, it’s important to do your research and plan ahead. […]
Expanded Home Guarantee Scheme to open doors for more first home buyers
Australia’s first home buyers will now have access to a wider range of suburbs and more attainable price points, thanks to major changes to the federal government’s Home Guarantee Scheme, set to take effect from 1 October 2025. The reforms aim to better reflect the realities of the current housing market, with property price caps […]
Major changes to HECS debt treatment for home loans
The federal government is making it easier for Australians with student debt to secure home loans by instructing financial regulators to update their guidance on HELP debt assessment. Federal Treasurer Jim Chalmers has directed both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) to revise how Higher Education Loan […]
How to know if you can afford an investment property
Buying an investment property can be a powerful wealth-building strategy, but only if you go in with your eyes wide open. While property can generate long-term capital growth and rental income, it also comes with a range of financial responsibilities. Here’s how to determine whether you’re financially ready to invest. Understand your borrowing capacity The […]
7 tax strategies for property investors ahead of the EOFY
Owning an investment property can be a great way to build long-term wealth, but only if you manage the tax side effectively. Whether you’re starting out or expanding a portfolio, understanding how to manage your tax is essential. Here are seven things every property investor needs to know. 1. Keep Meticulous Records from Day One […]
Why you should buy a car at the end of the financial year?
The end of the financial year (EOFY) is often one of the best times to snap up a bargain in the automotive market. Buyers are often in a stronger position during this period, with stock levels, sales targets, and factory incentives delivering some of the biggest discounts of the year. EOFY deals typically ramp up […]
The benefits of debt consolidation
If you’re juggling multiple loan repayments and feeling weighed down by high interest costs, debt consolidation could be something that could help. Debt consolidation works by combining all your existing debts into one manageable loan, so you can simplify your finances, lower your interest rate, and potentially pay off your debts faster. But while the […]
Six things to know about SMSFs and property
Self-Managed Super Funds (SMSFs) offer Australians greater control over their retirement savings, and property investment is one way people can take advantage of this flexibility. But before diving in, it’s important to understand the key factors that come into play. Here are six considerations when exploring SMSF with property. 1. You can borrow, but there […]
Eight valuation risks that impact an investment loan
When you’re looking at finance for an investment property, lenders will carefully assess several risk factors with the help of professional valuations. Lenders want to know that their money is safe, and that the property is a good investment. Understanding these factors is important for property investors as they directly impact your borrowing capacity.However, this […]
Refinancing Your Home Loan: Benefits and Why It’s a Smart Move
Refinancing a home loan is a financial strategy that allows homeowners to replace their existing mortgage with a new one, often at better terms. Whether you’re looking to lower your interest rate, reduce monthly payments, or access home equity, refinancing can be a valuable option. Key Benefits of Refinancing Example of Accessing Home Equity for […]