How many ways can you buy a car?

A new or used car is a fairly significant purchase. A 2016 Ford Falcon XR8 will cost you around $55k with a smaller 2014 Ford Focus Titanium worth around $32k. The older the car, the cheaper it will be, but even so, most people can’t afford to pay cash for a new vehicle. There were…

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11 Reasons You Need a Mortgage Broker

For many Australians, buying a home is a priority, yet housing affordability is a pressing concern. Generation Y, in particular, is faced with high further education fees and a lack of suitable employment. In some areas, most notably Sydney, property prices far outstrip median income. Government advice to “just get a good job” is not…

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7 Common Sense Financial Tips for Young Adults

Most schools don’t teach kids how to manage their money. This is a real shame, as it is a lesson that you really need to learn. Unfortunately, as soon as a young person lands a well-paid job, they blow all their money on clothes, nights out, a car, tickets to festivals, and having fun. Before…

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The Pros and Cons of Refinancing your Home Loan

For many the buying of a home is the single biggest purchase they will make in their lifetime. Most will require finance in order to buy a home, but just because you already have finance and are busy paying off your home, your options don’t end there. Home loans can be refinanced and in this article we…

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Kids and Money Management

We understand that kids are the future of our country, so investing for their future is extremely important. Kids need to understand concepts such as budgets and money management skills that parents instill from a very young age. As soon as a child is able to count, they need to be taught the difference between…

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Think Like The Rich.

Think Like The Rich.   So it has been a few months now, and you have scrimped and saved every last penny of your pay cheque to pay off some debt here and some debt there. You managed to successfully stick with the budget you set out with and each week you successfully put a…

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What does the FSI mean for mortgages?

Let me preface this by saying that the FSI is an acronym for Financial System Inquiry. For further information click FSI    Governments FSI response: what it means for mortgages. It’s been 10 months since the FSI published its final report. Now the government has made its decision on recommendations that will reshape the Australian…

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How do I renovate?

Plan for a Successful Renovation. There is certainly no denying that when it comes to renovations it can be an incredibly exciting, and exhilarating time, but with a strong desire and temptation to just dive straight into a renovation project important aspects of the project can sometimes be missed, thus causing unnecessary finances later down…

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How Investment Lending changes will affect you!

How Investment Lending changes will affect you! Some of you may or may not be aware of the recent big changes in regards to investment lending that occurred over the past few weeks. The official Australian Prudential Regulation Authority (also abbreviated to APRA) has been consistently pressuring banks into significantly limiting their investment lending growth…

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