Despite dire predictions, the Australian property market is booming. How did it happen and where to from here. Feeling richer? The average Australian homeowner has an extra $60,000 equity in their pockets, thanks to a real estate boom no one saw coming. Between March 2020 and March 2021, the average…
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A new way to quickly and securely share your banking data could help you take more control of your finances. With all the news about Covid last year and its financial impact - interest rates, loan repayment pauses, financial relief packages, government building incentives and so on - you may…
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Some tips and tricks to paying off your home loan sooner. Buying a home is likely the most significant financial transaction you'll ever make. So it stands to reason that your home loan will be your largest ongoing financial obligation. Imagine what life would be like without that monthly or…
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Mortgage approval rules are set to be relaxed to try to help the economy recover from COVID-19. But is this a good thing? To help counter the effects of COVID-19 on the economy, the Federal Government has announced plans to loosen the responsible lending laws governing the loan approval processes.…
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Helping your kids get a handle on money can set them up with good habits that last forever. It's no surprise to learn that the younger you start teaching kids about money - how it works and how to manage it - the better prepared they are for the rest…
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Australia has gone into recession for the first time in 28 years. What effect could it have on you? Australia has had a very good run when it comes to continued economic growth. Twenty-eight years without a recession is a record achievement, with the previous one in 1991. So what…
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If you are experiencing mortgage stress, now's the time to get on the front foot with your lender. As your mortgage broker, we can help you prepare and plan for the unknown. It's no surprise that the outbreak of COVID-19 has caused a huge increase in mortgage stress. According to…
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A combination of tighter home loan lending regulations and the uncertainty in our new COVID world have made looking after your living expenses an essential part of creating a more secure future for you and your family. Many people are finding out the hard way that it's not as easy…
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If you have been thinking about building a new home or carrying out an extension or renovation, now might be the time to meet with an AFG broker and work through your options. The Federal Government's new $680 million HomeBuilder program announced on 4 June 2020 makes available $25,000 grants…
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You've turned your home into a home office during COVID-19. So, what can you claim on your tax return and how do you claim it? Fortunately, the ATO has now made it easier than ever. If you are one of the hundreds of thousands of Australians now working from home…
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