Saving for Your First Home Deposit in 2024: A Comprehensive Guide
Buying your first home is a milestone worth celebrating, but it often comes with a significant financial commitment—the home deposit. Whether you’re dreaming of a cozy apartment in the city or a charming house in the suburbs, saving for that initial deposit is a critical step in making your homeownership dreams a reality. The Significance […]
Unlocking the Power of Self Managed Superannuation Fund Lending in Australia
Considering Self Managed Superannuation Fund Lending? As Australia’s financial landscape evolves, individuals are increasingly seeking innovative strategies to secure their financial future, particularly when it comes to retirement planning. Self Managed Superannuation Fund (SMSF) lending is one avenue that is gaining ground. Using SMSF lending, Australians can invest their superannuation funds in a variety of […]
Unlocking Opportunities: The Advantages of Investing in Commercial Property
Introduction Investing in real estate has long been a popular wealth-building strategy, and while residential properties often take the spotlight, commercial properties offer a world of opportunities for astute investors. In this blog post, we will explore the reasons why you should consider purchasing a commercial property and highlight the benefits of venturing into this […]
Expanding Australia’s First Home Guarantee: Siblings and Friends Included in the Eligibility Criteria
Key changes to be introduced from July 1st 2023 For those aspiring to own a home in Australia, it’s important to stay informed about updates to housing programs. The government has recently made significant changes to three programs: the first home guarantee, regional first home guarantee, and family home guarantee. These changes, which will come […]
Using Your Home Equity to Finance Your Dream Home Upgrade
If you plan to renovate your property, you can finance the renovations or improvements by accessing equity within your property. You can use your home equity wisely if you know these tips
5 things you should do before your fixed rate loan comes to an end
To avoid surprises that could cost you money in both the long term and short term, you should take action before your fixed rate loan term comes to an end.
Taking Back Control of Your Debt: Understanding the Pros and Cons of Debt Consolidation
According to research conducted by CommBank, retail spending jumped 6.4% leading into the Christmas period, with Black Friday sales driving an 8% increase in the last week of November. For many people, Christmas time spending can mean splurging and letting finances get a little out of control in the latter part of the year; often […]
Deciding between fixed and variable rate home loans for 2023
The demand for fixed-rate home loans has been on the rise in recent months, as many borrowers look for stability and certainty in their mortgage payments. Even with a string of interest rate rises in 2022, the official interest rate still remains relatively low compared to the long-term average. Many borrowers are opting for fixed-rate […]
Why your credit rating is important and how can you keep it healthy
Your credit rating is one of the most important aspects of personal finance. It can affect your ability to access a home loan or personal loan, secure a rental property, land a job or even sign up for a phone or internet service. That’s why it’s important to check and know your credit history and […]
Protecting yourself from Interest Rate Rises and staying on top of your home loan
Interest rates have been on the rise lately, and are expected to continue until the end of the year. Many borrowers are concerned about what this means for them. It is important to remember that there are ways to protect yourself from rising interest rates. In this blog post, we will discuss some tips you […]
