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<$30,000 instant asset write off 

Here is a quick guide for the <$30,000 instant asset write off announced in the Budget. To be eligible: Check the following with your accountant. The Tax Deduction should be $29,999 Plus the interest costs. You can buy / Finance numerous $29,999 Assets + GST. Assets don’t have to be brand new. Assets must be […]

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Brokers record highest ever market share amidst tough credit conditions

The mortgage broker channel has recorded its highest ever residential home loan market share result with brokers settling 59.7 per cent of all residential home loans during the January – March 2019 quarter, according to the latest data released by research group comparator, a CoreLogic business, and commissioned by the MFAA. The March 2019 result is 4.4 […]

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Buying new Practice equipment without the headaches

The journey to purchase new equipment can be very daunting for many busy Doctors. It can be a huge challenge to care for and treat patients, manage staff and run a practice, be IN a family all whilst trying to decide which equipment to buy. Understandably many doctors are distracted by the Time spend and  […]

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Drive your dream car sooner

Drive your dream car sooner with our tailored finance packages. Whether you are looking for a luxury vehicle for your daily commute, a work vehicle for the business or a Top-down week-ender, we will tailor a loan that best suits your lifestyle, Tax-planning and cash-flow. There are literally thousands of different loan options available from […]

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Starting a new practice-Your Build Team is here.

Establishing a new practice or re-invigorating an existing one can be a daunting task.  Here are some useful perspectives. There are so many decisions to make, not only around equipment and the presentation of the practice, but also timescales to plan. Then there are all of the equipment suppliers and contractors and trades to instruct, […]

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3 Key considerations with 100% Practice Property loans*

OWNING your Practice Premises is a cornerstone of your professional and financial future. Not only is it a familiar place that all of your patients know, it also gives a certainty of tenure to you as well as an anchor to the community. Here are 3 insights you’ll find useful.   1. Setting the right […]

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Why savvy clients use a Broker… the same reason they don’t cut their own hair.

I was involved in an event called National Finance Brokers Day, which made me stop and think. In the midst of APRA regulation, historical low rates, more home loan products available than ever before and the real estate market a perpetual topic of conversation for all Australians, I thought I’d highlight the role of the […]

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NAB Rolls out Comprehensive Credit Reporting

NAB has become the first major bank to begin utilising comprehensive credit reporting (CCR), rolling out the new system for personal loans, credit cards and overdrafts. The draft legislation for mandatory comprehensive credit reporting — which aims to address the “information asymmetry” that currently gives consumers more access to their credit risk than the credit […]

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Banks increase Credit assessment scrutiny in the wake of Regulatory changes.

ANZ and Westpac Group are said to have introduced confidential changes to their assessment and approval of borrowers. The Australian Financial Review reported yesterday (15 February) that ANZ was clipping the discretion of its frontline mortgage assessors. A spokesman for ANZ said the bank recently added “a higher level of approval for some discretion” used […]

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82% of Aussies unaware of their mortgage rate

An overwhelming majority of borrowers do not know their home loan rate, with 86 per cent of Australians also unaware of their monthly expenses, a new study has revealed. The Know Your Number Index, commissioned by digital bank UBank, examined Australians’ knowledge of their household and entertainment expenses. The study was conducted on an online […]

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