Nov 9, 2019 | Finances, Financial Literacy, Financial Planning, Interest rates, Investing, Property, Uncategorised
This article summarises the key announcements and important changes to the economy that has occurred over recent months. We touche on interest rate concerns, rising property prices and US-China trade negotiations. Interest rates The RBA followed up its June interest...
Oct 10, 2019 | Financial Literacy, Financial Planning, Investing, Lending, Loans, Property
The equity you have in your home is simply the difference between the current market value of your home and the amount you still owe on your home loan. For example, if your home is worth $800,000 and your outstanding loan balance is $200,000, your equity is $600,000....
Jun 6, 2019 | Finances, Financial Literacy, Financial Planning, Health & Wellbeing, Interest rates, Lending, Loans, Property
By the end of 2018 Australia had, relative to the size of its overall economy, one of the highest levels of household debt in the world. At 127% of gross domestic product (GDP), our household debt, as a percentage of GDP, had nearly doubled over the last 20 years. So...
Feb 16, 2019 | Financial Literacy, Financial Planning, Insurance, Investing, Property, Superannuation
The 40s are, for many people, a critical decade for building wealth. Income is usually on the rise, but so are expenses such as mortgages and school fees. Juggling priorities can be a real challenge, and mistakes made in this stage of life can have a large bearing on...
Apr 6, 2018 | Financial Literacy, Financial Planning, Loans, Property, Uncategorised
Paid off your mortgage? Woo-hoo! Break out the champagne and celebrate the freedom you must now feel! But once the dizzy excitement has passed, what will you do next? Discharge or not? The first question is should you discharge your mortgage? You can keep the loan...
Mar 23, 2018 | Finances, Financial Literacy, Financial Planning, Property, Superannuation
You’re moving into your new home; corks are popping and there are smiles all around – classic advertising that for many seems unattainable. Although many Australians may want to bash the banks over tighter home lending criteria, it’s the bank regulator, the Australian...
