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Loans
Warning: Redrawing investment loans
Discover the tax complexities of redrawing investment loans. This article sheds light on ATO’s scrutiny and the need for correct reporting.
... read moreWhat You Need to Know About the Latest RBA Cash Rate Rise
The RBA is back with a cash rate rise of 25 basis points, taking the current rate to 3.85%. Strong jobs and inflation data means there is more work to be done to control price rises, further rate increases haven’t been ruled out.
... read moreWhat Home Loan Features Matter Most?
Buying a home is probably one of life’s most important milestones, so getting the right home loan tailored to your specific needs and circumstances is essential.
... read moreUtilising Redraw For Your Investment Property
My client, let’s call her Rachel, is planning on moving into this property for one to two years and renovating it during that time, before moving on to her next property and renting this one out. There are many things to think about when getting a mortgage but I am only going to look at the potential tax effects of different loan structures.
... read moreRBA Leave Cash Rate On Hold
The RBA Board has left the official cash rate on hold for the 26th consecutive month at 1.50 per cent.
... read moreCBA To Scrap Supergear Product
CBA will SCRAP their Supergear product, effective 12th October 2018. A decision to refine their product offering to become a “simpler, better bank” is their reasoning to exit the LRBA market.
... read moreOffset VS Redraw For Property Investors
It's a tricky decision for many, so our property expert has given some advice on what will be best for you.
... read moreNAB Bucks The Trend
National Bank announced today that it will not change its Standard Variable home loan rate from 5.24% p.a.
... read more