All posts by: Goober Admin

Now is the time to look at refinancing your mortgage

3 Reasons now is the time to refinance! 1. The Reserve Bank has implemented an emergency rate cut to 0.25% in an attempt to stifle COVID-19’s impact on the economy – a never before seen record low. This will have an immediate positive impact on your borrowing capacity. 2. Banks and lenders have changed verification […]

Bridging loan or deposit bond?

When selling one property and purchasing another, the funds from the sale may not be available in time to use for the purchase deposit. There are typically two options in this scenario: a bridging loan and a deposit bond. Bridging loan A bridging loan is a short term home loan designed to allow you to […]

Take advantage of the $150K asset write-off

UPDATE: The IAWO cut-off has been extended by six months to 31 December, 2020, by the Federal Government to help businesses and sole-traders help improve cash flow. If you’re self-employed, do not miss your opportunity while the IAWO threshold has been temporarily lifted to $150,000 (previously $30,000). Assets can be new or second-hand, and must […]