INSIGHTS, CASE STUDIES & MUCH MORE!

Our latest finance news, tips and insights
to keep you in the know.

 

Is getting a home loan more difficult when you are a self-employed borrower?

There is a common misconception that if you are self-employed obtaining a home or investment loan is difficult. It can be harder, but it isn’t always. In today’s modern workplace the fact is more people than ever before are self-employed and most lenders have adjusted their policy to suit demand...

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Why many parts of Australia are a landlord’s market right now

The Green Team are seeing a consistent stream of finance enquiries on behalf of investors, new and experienced, looking to take advantage of current favourable market conditions to grow or start their residential investment property portfolios. The latest RBA cash rate increase in May and ongoing speculation as to the...

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Home Loan repricing versus refinancing: How to save money in a rising rate environment

In May 2023 the Reserve Bank of Australia (RBA) announced a further hike to the cash rate from 3.60% to 3.85%. This was the 11th increase to the cash rate in approximately 12 months and a total of 3.75 percentage points up from a record-low of 0.1% back in May...

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The benefits of home loan pre-approval for a first home buyer

Securing a home loan pre-approval allows you to buy property or bid at auction with confidence. You can secure a commitment from the bank or lender of your choice for how much you can borrow before you buy, with a formal, written home loan pre-approval. An official conditional pre-approval isn’t just an ‘indication’...

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How do increasing interest rates impact borrowing capacity?

The cash rate has been steadily increasing and at the time of writing was sitting at 3.85%, just shy of the 4% predicted by economists at the big four banks earlier in the year.  The cash rate impacts the interest rate lenders offer on variable-rate home loans, which in turn...

Tips to manage energy price increases

Following is a summary of tips on ways small businesses can save money by minimising the impact of energy price increases:   Snapshot: After an uncertain few years, rising energy prices have put salt into the wound for small businesses looking to stay afloat. Sharon Musker of WiseUp Energy says...

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Pros vs Cons: Using a Self-Managed Super Fund (SMSF) to purchase commercial property

According to everyone’s favourite government institution, The Australian Tax Office, as of 30 June 2022, Australian self-managed superannuation funds (SMSFs) held over $869 billion in assets, up 15% from the previous year and 25% over five years.  An SMSF is a private superannuation fund where the members are also the...

Property Development Finance: Busting the top 5 myths on Residual Stock Loans

In the world of property development, financing is the lifeblood that fuels growth and underpins success. (That sounded more grandiose than I intended, but you know what I mean.) Of course, finance needs to flow but correct structure should never be underestimated. Residual stock loans are often referred to as...

Top 3 Tips for Buying a Rent Roll

ONE: Get an experienced business finance broker on your side – EARLY! Find a finance professional who works with rent roll businesses regularly and understands how banks will assess your business opportunity. An experienced business finance broker will be able to help you define your business strategy and clearly communicate...

How do banks assess a business loan application?

Whether you are buying or expanding a new business or are looking to save money or negotiate better terms and conditions on your current business finance arrangements, the key to getting a better deal is as simple as, thinking like a bank!  Banks lend money on a very basic premise...

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