Over the past six 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 […]

Do you know the current interest rate on your home loan, investment loan or business loan? If you do, then you are ahead of most other people. In recent times, all the banks have made many changes to their interest rates. Now there are different interest rates for owner occupier, investment, interest only and loans […]

Does your mortgage broker give you all the information you need? While mortgage brokers can be a great resource if you have a more complicated home loan or want borrowing advice, before you go down this road it’s important to know exactly what you’re signing up for. So to help you decide, here’s some things most brokers […]

Success in business is all about finding many small savings and improvements. This focus on looking for improvements covers everything from profitability, reductions in expenses and maximising tax advantages. One area where many small business owners do not maximise their tax advantages relates to borrowing. As small business owners we all have a combination of business […]

Have you heard the painful stories about renovations that didn’t go to plan? For one reason or another, everything turned bad, leaving the homeowners desperately unhappy about the look and feel of their supposed new renovation. Or worse still, out-of-pocket for sometimes lots of extra money. Design experts say the biggest mistake homeowners make is not clarifying all […]