Use our articles from Australia’s leading property finance strategists as your guide – from understanding negative gearing to smart finance structures plus lots more.
Good news… before applying for your home or investment loan, you may no longer have to scrimp on beans and rice. In breaking news for home loan industry yesterday, the Federal Court dismissed allegations against Westpac that it breached responsible lending laws more than 250,000 times between 2011 to 2015. In 2017, the corporate regulator…
It’s been a tough time for bank margins locally, with interest rates falling all around the world. But it was good to see lower home arrears reported in Commonwealth Bank’s FY 2019 result. Although there were pockets of stress evident in Western Australia and the Northern Territory, overall delinquencies remained low and ticked down to…
While many Australians get into real estate investment to gain cash flow, in reality that’s not how property works. You see…residential real estate is a high growth, but relatively low yield investment, so if you’re hoping to pay your child’s school fees or your vacation airfares from your rental returns, you’ll be sorely disappointed. Of…
The process for obtaining commercial finance, and preparing for a commercial purchase, is a lot different to what many investors would be familiar with in the residential setting. So let’s look at some of the key differences between commercial and residential lending to help you understand the difference. Commercial finance examples – for commercial property…
In the current property climate, where opportunities abound, the last thing you want to hold you back from securing an additional asset for your portfolio is any restriction on your borrowing capacity. But that is a reality many investors face given the banks heightened wariness around refinancing and tighter restrictions on how much money they’re…
I recently met a young couple who had come to see me to help them sort out their mortgage. They had been diligently working towards their home ownership dream for several years by saving money for a deposit, keeping their costs low and paying bills on time. But they had always wrongly believed that by…
Property investment is one of best wealth creation strategies out there. In part because it has a long history of solid performance, so is therefore relatively low risk. It’s important to understand, however, that it is not completely without risk. That’s because every investment opportunity has an element of risk. The trick is to manage…
In the lead-up to the recent Federal election the Coalition announced the First Home Loan Deposit Scheme. The scheme will provide up to 10,000 loans to first home buyers each year and will offer first home buyers better access to finance without having to save a 20% deposit. Additional details about the plan include: The…
They say blood is thicker than water but when it comes to distributing your wealth, human instinct can take on a darker side because money is involved. People often feel vulnerable when contemplating their death, but this is no excuse to not have a Will. It’s vital that you receive legal advice when preparing your…
Being assessed for a home loan can sometimes feel a bit like a police interrogation – all that the paper-based third degree is missing is a swinging overhead lamp in a small, dingy room! But banks want to know absolutely everything possible about your expenses to ensure that you’re in a position to service your…
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