First Home Loan Deposit Scheme

Last week, on the 28 October 2019, the government announced the introduction of the First Home Loan Deposit Scheme. Currently,

RBA cuts interest rates to 0.75%:
why, and what will the effect be?

Before Septmber 19, a third rate cut wasn’t expected until early 2020. What changed so quickly? Predictions of a potential

Will we see negative interest rates in Australia?

What are negative interest rates? Negative interest rates theoretically make taking out credit cheaper than using or keeping cash. Although

APRA changes to home loan serviceability requirements

Not only did the beginning of July see a rate cut for a second month in a row, but also

Banks respond to consecutive rate cuts

Understand where you bank stands In June and July 2019 we saw two consecutive rate cuts to take rates to

RBA cuts interest rates

For the second consecutive month the RBA has cut interest rates by 0.25% to reach a record low of 1%.
Div 7A Private Loans Changes

Div 7A Private Loans:
What do the changes
mean for your clients?

In October 2018, Federal Treasury released a paper titled “Targeted amendments to the Division 7A integrity rules”. If the new rules go

Applying for a home loan after the royal banking commission

With the release of the final report on the 4th February 2019, the most common question amongst customers is ‘what