Hi, As summer comes to an end, the property market tends to kick into gear. There’s a lot of real estate news around right now, including these four big stories: – Building approvals trending down. – Rents rise as vacancies fall. – Real estate price update. – Australia sets a refinancing record. Read more below. … Continued

To cure inflation using monetary policy we have 3 groups of HEAVY LIFTERS (and the rest of us Aussies should be fine). Read on to find out if you are likely to be one of the RBA’s heavy lifters. Some in the media are now (finally) saying that interest rates are a blunt instrument to … Continued

Introduction When you apply for a loan, you often have the opportunity to select a loan with a variable interest rate or one with a fixed interest rate, either in part or in full. A variable interest rate can change over time as determined by the lender.  With a Fixed Rate, the rate of interest … Continued

Hi, I hope you and your family had a great Christmas break. Even though it’s early in the year, there’s already some big news around: – Refinancing hits new record – Property listings rise 4.6% – 3 key fixed-rate loan tips Read more below. But first….. 3 things! #1 Our survey results are in! Conveyancer … Continued

Below are some observations as reflected from the data obtained from the RBA for the 12-month period ending 31 August 2020.  Whilst both the absolute numbers and the relationship between rates will change, these observations provide you with useful information when you are shopping for a home loan by explaining some of the macro risk … Continued

The marketplace for home loans – The lending marketplace for consumers is large and confusing – particularly in the home loan and more broadly, the residential lending space (home loans and investment property loans). – Apart from the big 4 retail banks (CBA, Westpac, NAB and ANZ), there are regional banks which operate in each … Continued

Hi, Christmas is just around the corner, so if you haven’t done your shopping it might be wise to start now. In the meantime, here are four stories I think you’ll like: – Borrowers pass their ‘rate buffer’ – Govt tackles housing affordability – Australian property earns praise – ABS releases good economic news Read … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Hi, Supply chains are still not back to normal, so it might be wise to start ordering your Christmas presents now. In the meantime, here are four big property and finance stories: – Property buyer breakdown – Regional scheme goes live – Home loan landscape changing – Buyers value energy efficiency Read more below.   … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Introduction When you apply for a loan, you will often have to choose between Principal & Interest (Principal & Interest) payments and Interest Only  repayments.  As the name suggests, with Principal & Interest payments, you are paying your lender the interest cost for the month plus a portion of the principal you have borrowed. Over … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Hi, We’ve made it to spring! As the season changes, so does the property and lending landscape. Here are four stories making headlines right now:  – Rentals being snapped up – Houses v units – Prices surge for new land – Savings rates above 3% p.a.   Read more below.   But first…. The results … Continued

We are often asked “Why should I refinance my loan?” If you ask the Australian Consumer & Competition Commission (ACCC), the answer is clear: Most borrowers are paying far higher amounts to their lenders than the best rates currently available in the market. And, the major banks are probably the biggest offenders as their ‘carded … Continued

Michael Royal, our Senior Finance Specialist, is a member of BNI Powerhouse which is based in Altona VIC 3018.  Below is a list of members in his BNI chapter. These are business owners Michael has developed a deeper relationship with and he has either used them himself or others he knows have used them and … Continued

Hi, Just a friendly reminder that if you do your own taxes, you need to lodge your tax return by October 31. In the meantime, here are four stories about property, finance… and taxes: – Some fixed loans getting cheaper – Why banks will have to go green – New property listings rise 6.5% – … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

  Michael Royal, our Senior Finance Specialist, is a member of BNI Powerhouse which is based in Altona VIC 3018. BNI – some background and context BNI is a worldwide referral network for business owners who are looking to grow their business.   There are over 288,000 members across the globe and many of the members … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of up to 5 … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of up to 5 … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of up to 5 … Continued

Before we start…. For further content, please visit https://www.bir.net.au/blog/ And, if you would like a Free Property Report, you can order yours here: https://www.bir.net.au/report-request. You can obtain a report for a particular property, suburb or region in Australia, so you can make informed property decisions. Plus, our suburb reports now provide a comparison report of up to 5 … Continued

Background James Spenceley co-founded wholesale telecommunications provider Vocus in 2007, and since then the company has exceeded his expectations, turning over profit every year, with 2008-09 revenue of $5.2 million. The company was listed on last year s SmartCompany Start Up Awards. But the biggest improvement occurred only this year, when investment firm Investec bought … Continued

Let’s face it, getting a loan from a financier is not fun.  No-one goes out of their way just to get a loan.  Instead, we would all much rather focus on our dreams and our goals. Finance is just the means to achieve our dreams and goals. Plus, getting a loan is time consuming and … Continued

Robert Full’s TED video shows amazing close-ups of nature’s feet – that in itself is pretty inspiring for you to take a creative look at your business and your business strategies. But this video really shines when you look closely: you will see that what you see is not all that is there. In fact, … Continued

Did you know….. Over 55% of home and investment property loans are completed using a broker (Dec 2019 Qtr per The Advisor) rather than the customer negotiating directly with a financier?  But….. This percentage slips to around 25% of businesses who use a broker for arranging their business finance (and anecdotally, a lot of this … Continued

We all know assets are good and liabilities are bad, right? So when it comes to assets, the more the merrier would seem to be a logical conclusion to reach. Think bigger better car, a bigger better office, a bigger better inventory racking system. Well, like most things which are good for us, too much … Continued

Importance and ranking of Price, Quality and Service As with most things we purchase, we are governed by the three aspects of Price, Quality and Service – or the PQS Matrix as we have called it. As with most things we purchase, when you talk to people about borrowing money, their top of mind consideration … Continued

Where we are now Over 6 in 10 home loan borrowers now use a broker (but only 2 out of 10 businesses – and this will change rapidly now that businesses are getting access to a lot of borrowing options which were not previously available to them). And, a recent survey showed that 1 in … Continued

Reprint of an article in www.smartcompany.com.au  July 2010 by Patrick Stafford Whilst not a recent article, it nicely explains a lot of the issues expanding business face. Background James Spenceley co-founded wholesale telecommunications provider Vocus in 2007, and since then the  company has exceeded his expectations, turning over profit every year, with 2008-09 revenue of … Continued

In other articles, we have shown that brokers now process more loans than the Big 4 Banks – about 6 out of 10 borrowers now use a broker and 1 in 4 borrowers who are with a Big 4 Bank are looking to change. When shopping for a loan, here are 6 common issues borrowers … Continued

Are you a winner in this year’s budget? The 2021-22 budget has now been released. There’s a lot of talk and I want to help break down the key initiatives targeting home ownership which could help you get into the property market sooner.   Family Home Guarantee  This is a newly created government scheme that … Continued