Update on Interest Rates – Why are they going up?

Ian MillerHelp, Home loan interest rates0 Comments

Interest Rates

So what’s been happening with interest rates? In the last year banks have moved towards two different standard variable rates which they base all of their consumer interest rates off (one for owner occupiers and a higher one for investors). This has been in response to pressures from APRA (banks’ regulator) to have the banks slow down investment lending (which … Read More

The case for renovating

Ian MillerInvestment property advice0 Comments

To renovate or buy: that is often the question; especially in competitive property markets like Sydney. It’s not uncommon for people to buy real estate knowing all along that it’s a bit of a “fixer-upper.” When you purchase a place that’s in need of some repairs, it usually means you’re getting a bargain, and you can always go back and invest more money later … Read More

RBA leaves rate at 1.5

Ian MillerHome loan interest rates, Investing in Property0 Comments

Today’s Reserve Bank of Australia Board meeting saw the cash rate remain at the historical low of 1.5%. With much conjecture about whether this is a good or bad thing for Australia’s economy and home ownership across the generations, and on the first day of a new financial year, it’s the perfect time to talk to your finance advisor about … Read More

Why self-managed super (SMSF) is about more than retirement

Ian MillerHelp0 Comments

Think of superannuation and most of us will either get glassy-eyed and drift off, or immediately perk up and perhaps drool a little at the thought of retirement… But your super should be much more than the money that follows your worklife around, creating a much-ignored paper trail. And self-managed superannuation funds are often the best ticket to future financial … Read More

RBA leaves rate unchanged

Ian MillerFirst home owners grant, Home loan interest rates0 Comments

Today’s Reserve Bank board meeting has left the cash rate unchanged at 1.5 per cent. While it’s news we have all grown used to, it’s worth noting that this month’s RBA decision comes just one week before the Federal Budget is announced, which is expected to be packed with initiatives to assist first home buyers secure their first home. So, … Read More

What low home loan interest rates mean for your future

Ian MillerHelp0 Comments

Regardless of what the RBA decides at its monthly meeting, what lenders do to home loan interest rates, and what the economy looks likely to do both domestically and globally, your own mortgage future largely depends on… well, you. Pundits will always weigh in on what’s going to happen next: House prices, housing affordability, cash rates, bank lending policies, the … Read More

Rates remain unchanged… (by the RBA)

Ian MillerHelp0 Comments

At today’s board meeting, the Reserve Bank of Australia left the cash rate unchanged at 1.5 per cent. The banks, however, are another matter. The RBA cash rate has been relatively steady at an historical low for quite some time now. But if you have a mortgage, chances are your lender has increased your interest rate despite the steadiness of the … Read More

How to save for future investment options

Ian MillerHandy Tools, Investment options0 Comments

Saving money and getting ahead financially aren’t hard things to do when you have a bit of sound advice up your sleeve. So don’t wait until you need a holiday or have a credit card debt to pay down to kickstart some good saving habits: Start now and reap the rewards with greater investment options, much sooner. Here are four … Read More

Everything you need to know about ‘rentvesting’

Ian MillerInvesting in Property0 Comments

property investment buyers

Are you looking to take your first step on the property ladder, but real estate prices are preventing you from buying a home in your dream location? You’re not the only one. The property market is booming in Australia, with data from January 2017 recording a 10.7 per cent year-on-year increase in home values across the country’s capital cities. This is great news for property … Read More