Blog
When time is of the essence, call an expert!
Sometimes, getting a deal over the line in time requires a conversation with an industry expert. Late last year, Martin Jones was seeking finance to purchase a share in an investment property with two other investors, and simultaneously trying to secure finance for an investment property he was purchasing on behalf of his wife Sandra….
When should I find a finance manager?
Saving for a home? If you haven’t met with a finance manager yet, you’re doing it wrong. Here’s why. When saving a deposit to buy a home, many people have a goal amount in mind that they need to save before they meet with a finance manager who will help them secure the finance. If…
Comparison Rates
Comparing apples with oranges doesn’t make sense. To make finding the right loan easier, and to make advertised rates as transparent as possible, we have comparison rates. You’re looking for the best mortgage deal and you see an ad. It shouts ‘3.8% INTEREST!’ and, underneath that seemingly too-good-to-be-true rate, ‘7.9% comparison rate’. What does this…
Capital gains tax
If you buy and sell an investment property, you may be required to pay capital gains tax (CGT) on that sale. It’s important to understanding this tax when buying or selling a home. What is CGT? This is a tax that you are required to pay on any capital gain earned on the sale of…
Expert advice equals serious savings
Having a mortgage expert on your side can be the key to getting your finance over the line and may save you thousands in interest and fees. When Nathan was offered the opportunity to purchase his mother’s property in Perth at a favourable price – just $180,000 for a house worth $350,000 – he wanted…
Exit costs when refinancing
Refinancing can be a great way to save money if you believe you are paying too much for your loan, but there is more to it than just finding a loan with a lower interest rate and making the change. Before making the switch, ensure the savings you could make outweigh the fees involved. Here…
EOFY: how small businesses can minimise tax liability
End of financial year is a great time to take advantage of business equipment deals, particularly with the threshold for accelerated deductions for small business being raised from $1000 to $20,000. Planning ahead and thinking carefully about your business needs are key to minimising both tax liability and cash flow impact. As business owners rush…
EOFY case study: How to convert a new car into tax credits
As most small business owners will attest, end of financial year is the time to track down great savings on business equipment. With the right advice, financing the purchase of that equipment can also pay off at tax time. Nearing the end of financial year, David Broughton was looking to lower his real estate company’s…
Do you need a finance broker or a financial planner?
When taking the plunge into the world of home loans and property investment, the challenge often lies in knowing which expert to approach for help. Brokers and financial planners, although similar in their professional outlook, cater to different financial endeavours. Brokers that deal in home loans must be qualified and licensed loan advisers with in-depth…
Finance Manager or bank?
When you’re looking for a home loan, you could go to a Finance Manager or to a bank. While a bank will only offer you its own products, a Finance Manager is an industry expert who will take the guesswork out of finding the mortgage or finance product that suits you and your needs. It’s…