Posts by Matt Staal
February Newsletter – 2021
There’s some big property and tax news around right now, including: Positive conditions for borrowers ATO issues tax scam warning Property investors smiling Mortgage deferrals keep falling The economic outlook going forward from COVID-19 Interest payments reach 25-year low Record-low interest rates are helping drive strong buyer interest and surging prices in many property markets…
Read MoreMoving to a Multiple Property Portfolio: Strategies to Succeed
Investing in property is one of the most popular ways people secure their financial future. Sometimes, however, it can be difficult for property investors to move from having one property they are investing in, into developing a multiple property portfolio. Corelogic statistics show that roughly 20% of property investors have two properties, with 9% of…
Read MoreWhat is the Best Interests Duty and What Does It Mean for Me?
Recent legislative changes regarding the banking and financial industry’s conduct have officially come into effect as of the 1st of January 2021 as a result of the 2019 Banking and Financial Services Royal Commission. The best interests duty is an example of one of these changes that affect mortgage brokers and YOU. This article will…
Read MoreWhy Should I Refinance my Mortgage?
As Hamish and Dave outline, the process of refinancing can save individuals thousands of dollars in their mortgage repayments, and give them more financial freedom to do what they wish to do. This article will cover the different ways refinancing can help save you money and the other benefits it provides home loan customers, ultimately…
Read MoreJanuary Newsletter – 2021
It might be January, but there’s plenty of big news around right now: Good news for mortgage broker customers New home sales jump 91.8% Banks raising their lending standards Listings bottom out New law gives consumers another reason to use brokers Great news for anyone planning to take out a home loan – new legislation…
Read MoreGetting Ready to Invest: 7 Tips on Starting Off
Investing in the stock market can be a great way to potentially generate wealth whilst achieving your financial and lifestyle goals. However, before investing is truly on the cards there are a few things that you should consider and achieve prior to getting started. Here’s 7 tips on getting ready to invest in 2021. Getting…
Read MoreRepayment Holidays are Ending: What it Means for You
In March 2020, the COVID-19 pandemic and its necessary lockdown periods meant that lenders needed to offer pauses on their mortgages to assist the many Australians that had lost their job or had their income reduced. These hold on mortgage repayments were granted for roughly 6 months, with some institutions offering an additional 4-month extension.…
Read More2021: The Year to Buy a Home
2021 is the year to buy a home. Coming off of the back on the COVID-19 pandemic, house prices and interest rates have strongly swung back in the favour of property buyers for the first time in decades. Alongside this, there are now a significant amount of government schemes available to help property buyers get…
Read MoreShould I Invest in Newcastle Property? – The Short Answer is YES
Transformed, revamped and booming. They are three words that now characterise the once industrial town of Newcastle in 2020. The City of Newcastle Council has predicted the area’s population to rise by 33% by 2036, with many property owners and investors describing it as a “hidden gem” and an “economic powerhouse.” With property prices on…
Read MoreWhy Should I Ethically Invest My Super?
It is the rise of the generation of KeepCups, metal straws, reusable grocery bags and ethical consumerism. Companies are actively sourcing their inputs ethically, giving back to the communities in which they operate and are actively working to reduce their carbon footprint. But have you ever thought about what companies and industries you are supporting…
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