If you’re setting the goal of purchasing a home in the coming year, it might be time to start getting your financials in order ahead of time. One of the most important and often overlooked steps is to make sure you have a solid credit score. A credit score is a number that represents how…
Lenders Mortgage Insurance can be a great tool to help homebuyers get into a property that they otherwise might not be able to afford. However, it comes with a cost. LMI is a one-off insurance premium that is put in place to protect the lender in the event the borrower is unable to manage their…
When buying a home, to live in or as an investment, most people will have the goal of eventually paying it off. A 30-year loan might seem like a long time to be making repayments, but you won’t be stuck paying interest if you’re able to pay it off sooner. Here are five ways to…
With interest rates at record low levels, many homeowners are considering the possibility of fixing their interest rate on the home loan. Before going down this path it’s important to ask some key questions and decide whether this is the right option for you. Why Fix? When looking at a fixed interest rate, the main…
For any business, the most important element is arguably capital. You need money on hand to carry on with day-to-day operations as well as continue to see it grow. If you’re short of capital, it is possible to reduce your costs, however, with it often comes a lack of growth. The other option is to…
The holiday period is normally a time when people spend more hours at home and some start looking around for a new car. If you’re looking at a loan to purchase a new or second-hand car, it’s important to consider the best way to finance it. The most common ways to buy a car is with cash, or with…
A balloon payment is a one-off lump sum that you pay to the lender at the end of your car loan’s term. Balloon payments are more common with car loans for businesses and are a great way to help reduce your monthly repayments and free up cash. However, there are a number of advantages and disadvantages that you…
Leading Australian valuer Knight Frank believes the sharp growth we’ve seen in industrial assets is set to continue in 2022. Industrial assets have seen growth of around 15% over the course of 2021 and Knight Frank believes this is a trend that can continue for years to come. Ben Burston, chief economist at Knight Frank…
Despite a tough year for many businesses, Australia recorded a record level of foreign investment in commercial property. According to analysis from CBRE, 2021 saw $16.6 billion in office, retail, industrial and hotel assets changing hands, outstripping the previous record high level of $15.5 billion achieved in 2015. CBRE notes that while many experts predicted…