Finance and Mortgage Blogs

What makes your debt tax deductible?

What makes your debt tax deductible?

There are two kinds of debt in this world: the kind that is tax deductible and the kind that isn’t. Knowing the difference, and planning your purchases accordingly, can significantly improve your cashflow, opportunities and overall financial position. So what makes...

How to perform a credit health check

How to perform a credit health check

Significant changes have been made to Australia’s credit reporting rules after a new Comprehensive Credit Reporting regime (CCR) came into effect in the new financial year. This means now is as good a time as ever to perform a credit check. The new legislation forces...

Proving genuine savings for your home loan deposit

Proving genuine savings for your home loan deposit

Saving a home loan deposit can be challenging enough. Then, lenders often will put another hurdle in your way by asking for proof of ‘genuine savings’. Here’s all you need to know about clearing that obstacle. Lenders use the term ‘genuine savings’ to describe any...

What value can a financial adviser add?

What value can a financial adviser add?

Just as a personal trainer can help you reach your fitness goals, a financial adviser can keep you on track with your personal wealth journey. If you’ve ever had a gym buddy, hired a personal trainer or been tortured at boot camp, then you understand the power of...

900000 interest only loans

/900,000 HOME LOANS COME OUT OF INTEREST ONLY// Did you know that the Principle repayment of your investment property is NOT tax deductible❓❓ Did you know that a lot of investment properties are sitting at around $1-3,000 positive cash flow when paying interest only?...

Why would you have more than one bank? Or Lender?

//SHOULD YOU HAVE MORE THAN ONE BANK❓????// Why would you need more than one bank????????? The answer is fairly straight forward. Even though there is a lot os similarities in the financial markets there is some differences with a couple of aspects. ➡️ Policy ➡️...