April 16, 2020
Back just a few short months ago COVID-19 felt like something that was happening overseas and we continued going about our normal routine. As we come out on the other side of March 2020, there is now no doubt, that this year has brought with it significant challenges for both households and businesses. Our financial institutions are now needing to make lending changes and provisions to rapidly deal with the economic issues that Australians are facing. With a number of industries effectively shut down due to the federal and state restrictions in place the flow-on effects are being felt. With […]
August 21, 2019
Lower interest rates and APRA’s easing of home loan rules is great news for buyers Following nearly three years of the official cash rate holding firm, the RBA delivered two consecutive cuts in June and July this year. The two 25 basis point cuts put the cash rate at a record low of just 1 per cent. There is now speculation and the futures market are indicating that further cuts of up to another 75 basis points could occur by the middle of 2020. While the interest rate cuts may not be passed on completely by the banks, we can […]
May 10, 2019
Need finance to cover cash flow gaps in your business, finance growth or expansion, or invest in extra working capital? Keen to start a new business but need a financial leg-up to make it happen? Run a Digital marketing business in Australia or Online business? Securing a business loan can be an excellent way to get one step closer to achieving your business goals, but you need to be well-prepared. Here are our top 5 tips for getting a business loan. Have a business plan Improve your chances of being approved for a loan with a solid business plan. This should […]
February 27, 2019
If you’re a homeowner, you’ve probably heard of the idea of ‘refinancing’ your mortgage. Essentially, refinancing means securing a new home loan that repays and replaces your existing one. You may consider refinancing your mortgage to lock in a lower interest rate or take advantage of better loan terms or features such as a redraw facility or flexible rates. You may want to access home equity to invest in properties, shares or a managed fund. Or you may be looking to consolidate debt into a single payment. Refinancing can be an excellent option for many homeowners, it’s not […]