The important of independence You need to make sure your Broker can offer you the choice of many different lenders. Most independent Brokers will have around 20 different lenders, and they will recommend the best three lenders for you to choose from. But there’s something else you need to know. Some Brokers are paid higher commission […]

The ABS has recently released building activity data that’s useful in highlighting trends in the residential property market. You will see in the opposite graph that residential building completions are starting to rise strongly as residential building commencements have begun to fall. Trend figures show the peak in apartment commencements occurred late last year. But […]

“Rates appear to have passed low point,” Bill Evans Westpac Chief Economist Bill Evans is the Westpac Chief Economist and believes we are finally at the bottom of the interest rate cycle. He says the money markets appear to be more convinced that we have seen the low point in rates in this cycle for […]

Putting your home on the market can be a daunting experience. It’s hard to know how much to spend on making your property look its best, let alone where your money should be going to get the best bang for your buck. If you invest too much you risk over-capitalising; or invest too little, and […]

The Australian Prudential Regulation Authority (APRA) has released new policy that toughens the rules on bank lending. In a key change, APRA is now being more specific in demanding minimum interest rates banks must use when approving customers for home loans, investment loans and business loans. What does this mean to you? No matter how […]