Securing finance for your business is part of a broader strategy to help your business achieve a particular goal. Your broker’s role is to design a finance package and loan structure to help take your business to the next level. The first step in your asset finance journey is to think about the goals you’re … Read more
The Reserve Bank of Australia’s new Chair Michelle Bullock today announced the central bank would hold the nation’s cash rate at 4.10%. Despite the cash rate sitting four percentage points higher than its all-time low in 2022, we are still seeing the typical springtime boost in properties going to auction. The week ending 24 September … Read more
Following its meeting today, the Reserve Bank of Australia (RBA) chose to hold the cash rate at 4.1%. This is the third month in a row the Bank chose to hold the cash rate following positive signs in inflationary data. With the cash rate currently four percentage points higher than it was at the beginning … Read more
One of Australia’s leading economists has forecast a positive spring selling season – in part due to a sharp decline in household savings. “With savings rates now plummeting, what does this mean for property?” Ray White Chief Economist Nerida Conisbee said. “With retail trade falling for the third straight quarter, savings rates plummeting and inflation … Read more
Australia’s consumer watchdog has sounded the alarm about sophisticated bank impersonation scams that have claimed a number of peoples’ life savings. The Australian Competition and Consumer Commission (ACCC) said scammers were using new technology to trick their victims. This included: Making calls appear to come from a bank’s legitimate phone number. Sending text messages that … Read more
The federal government has extended funding for two support programs for small business owners. The first program is NewAccess for Small Business Owners. This program is: Aimed at small business owners who are feeling stressed or overwhelmed Run by specially trained mental health coaches with a small business background Available nationally by phone or video call, … Read more
With property prices declining in many parts of the country, and many people’s borrowing capacity falling as well, this is a different market than we’ve seen in many years. So here are some important tips around buying, selling and securing finance right now. Buyers Buyers are usually the big winners in falling markets, because they … Read more
With property prices falling and interest rates rising, you might be wondering if now is a good time to buy an investment property. Ray White chief economist Nerida Conisbee said there were six questions to ask yourself as part of the decision-making process. 1. Can you get a home loan? Your ability to qualify … Read more
Building a home with a seven-star energy-efficiency rating doesn’t have to be costly or complicated, according to an industry expert. As part of the Nationwide House Energy Rating Scheme (NatHERS), new homes will need to achieve a seven-star rating, up from the current six stars, from 1 October 2023 in most states and territories. Simple … Read more
With the property market cooling in many parts of Australia, many people may be wondering if now is a good time to buy as either a first-home buyer or investor. Australia’s median property price fell 3.4% in the August quarter, according to CoreLogic, which could be either good news or bad depending on your perspective. … Read more
