Four capital cities and one major regional location are the best picks for investors in 2020 with major infrastructure projects and rental yield driving property investment growth. Although first home buyer loans hit the highest rate since 2009, investor lending also increased 4.9 per cent reveals year-on-year data...
Property investors are entitled to several taxation benefits however many fail to take full advantage of the depreciation deductions available to them. While most investors are aware of claims for expenses such as interest on their loans, council rates, property management fees and repairs and maintenance...
The RBA kept the official cash rate at a record low 0.75 per cent at its February meeting, the first of 2020. Tim Lawless, CoreLogic's head of research, said the result wasn't a surprise given the ongoing uncertainty brought about by the extent of the bush...
I noticed that most of us have already heard about an 'offset account facility' linked to a Home Loan, but not a lot of people knows what it really is and how does it work. This 1 minute video, from one of our lenders, is...
IT will come as no surprise to locals, but the Gold Coast has won the country’s popularity contest. The city has benefited from the biggest amount of internal migration, with Australian’s seeking the sunshine choosing the Glitter Strip to settle down. Plus the interstate migration...
The yearly Lender'Splendour was hold yesterday at the Royal International Convention Centre in Brisbane. As usual, this Connective event was a must to attend with great networking opportunities, meeting with a whole bunch of lenders and Industry Updates. A well-spent Professional Development Day! ...
APRA’s newly announced proposal to allow banks to set their own serviceability floors when assessing residential mortgage loan applications could enable more people to access mortgages, industry commentators have suggested. The prudential regulator launched a four-week consultation on Tuesday (21 May) asking members of industry to...
The northern Gold Coast suburb of Coomera is in the midst of a billion dollar facelift, with a new shopping centre joining the booming retail and business precinct. Just six months after the opening of the $500 million Westfield Coomera, the suburb is being transformed with...
When saving for a house make sure to avoid personal loans at all costs. If you currently have any it may be wise to get them paid off as soon as possible. Turning to short-term loans to cover emergency expenses puts home ownership even further...
Brokers have rated a non-major bank as the top performing ADI in the mortgage broker market, ahead of the big four, according to major new research. Over 1,000 mortgage brokers took part in Momentum Intelligence’s Third-Party Lending survey 2019, which was conducted over February and March...
