Over the past twelve months the Australian Prudential Regulation Authority (APRA) has been cracking down on interest only lending. APRA has put a limit on interest-only lending to 30 per cent of total new residential mortgage lending, put restrictions on interest-only lending on loan to value ratios above 80 per cent, and asked for strong […]

If you love where you live and don’t want to move, then renovating can make your home feel brand new. Renovating will also improve the value of the most important asset for your family. When you start planning to renovate, it’s also a good time to think about the right lender and loan package for you. […]

Last year the ATO placed a great deal of scrutiny on businesses that operate with a lot of cash transactions. The result was a series of random visits by the ATO and audits of businesses across Australia. The ATO have reported 11,000 business audits conducted last financial year, about seven out of 10 businesses were […]

The key to purchasing commercial property is knowing yourself, your situation, and what you’re looking for.  Here are 3 steps to buying commercial property…. 1. Visit and consider many properties Consider and tour many different properties. Figure out what works and what doesn’t about each of them for you. Consider the most important things for […]

When buying your next work vehicle, make sure you get independent advice you can trust. You need all the information to make the right decision – especially when the advertised interest rate seems too good to be true. The interest rate is important, but you also need to know about monthly repayments, hidden fees and charges. What […]