Oops we did it again…Commercial Finance Awards

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It felt a little deja vu at last week’s Westpac Annual Introducer Awards ceremony as Green Finance Group Director, Daniel Green, collected the individual trophy for Australia’s Number One Commercial Finance Introducer for the third consecutive year. Additionally we dominated the Queensland awards with both Daniel and Healthcare Finance Specialist Jamie Giles, ranked in the…


Interest rates freeze but loan savings are hot

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The Reserve Bank of Australia has held the official cash rate at the record-low 2 per cent at yesterday’s board meeting in line with predictions. The rationale did not differ too much from September’s statement with Reserve Bank governor Glenn Stevens indicating the economy continues to grow “below longer-term averages” meaning “monetary policy needs to be…


GFG Finance Consultants Announced Top 10 Aussie Commercial Brokers 2015

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I’m pleased to confirm that Jamie Giles, Green Finance Group’s Medical and Healthcare Finance Specialist and myself have both been awarded coveted Top 10 Commercial Finance Broker berths in the Mortgage Professional Australia (MPA) Magazine’s annual poll (issue 15.09). This is the fourth year in a row that Green Finance Group has been featured in…


Investors Hit with Increased Interest Rates

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Whilst the cash rate remained on hold at 2.00% for the third consecutive month in August, some banks have started to lift interest rates on investment loans. So why target investors and what does it actually mean if you are considering investing in property? Here’s the 30-second lowdown: Why is this happening? Housing ‘bubble’ talk…


The Greeks say NO and the RBA says HOLD

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The Reserve Bank of Australia held the cash rate unchanged at 2.0 per cent at its meeting today citing low commodity prices, a weakening dollar and a fairly stable unemployment rate at the crux of its decision. National figures indicate borrowing for business and housing remains strong, as does the housing market, and the team…


No cuts from RBA but Budget Makes a Dent (Budget Summary)

The Reserve Bank of Australia has left interest rates on hold this month, meaning the official cash rate will remain at a historic low of 2.00%. Last month’s downward move by 0.25 points caused a stir with many of the big banks dragging their feet to pass on the cut and few actually passing on…


Rates Cut BUT will Banks Follow?

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The Reserve Bank has followed through on the predictions of many forecasters dropping the cash rate by 25 basis points to a record low of 2 per cent. The cut is good news for Aussie businesses, particularly those in the export market and impacted by the flux of the Aussie dollar. Funds are at their…


RBA Holds Interest Rates at 2.25%

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The Reserve Bank‘s April announcement to leave the cash rate unchanged at 2.25% for the second consecutive month left the majority of speculators with ‘raised eyebrow’ syndrome. Most economists were predicting a cut and whilst many are still wagering a 0.25-point drop to come through in May, there’s definite uncertainty in the air. The weaker Aussie…


First Homebuyers to Dip into Superannuation

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Soon, it may be possible for first homebuyers to tap into their superannuation to help fund the deposit for their very first home. The concept is currently being ‘considered’ by the Government, and is loosely based on a Canadian scheme called Home Buyer’s Plan that allows first homebuyers to access up to $25,000 from their…


RBA Holds Rates – What next?

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The Reserve Bank has today left the cash rate unchanged at 2.25% amid furious pre-announcement speculation of another cut. Whilst most borrowers are jumping for joy, the impact on the housing market is yet to be qualified as we head into unknown territory – record low rates, strong property prices and low supply – and there is…