How your small business can benefit this EOFY

With the end of financial year (EOFY) fast approaching, now is the perfect time to take stock, balance the books, and get ready for the new year ahead. Given that Australia’s economy is expanding fast and unemployment is at its lowest level since 1974, many savvy business owners will be...

Australia’s home loan wars heat up

Home loan interest rates are on the rise, thanks to back-to-back cash rate hikes from the Reserve Bank of Australia that have seen the country’s official interest rate jump to 0.85%. The RBA’s move comes off the back of the fastest acceleration of inflation in over two decades, representing a...

What does inflation mean for your small business?

It’s been a rough few years for many small business owners, particularly in Victoria. First, there were all the restrictions and stay-at-home orders that led to Melbourne spending more time under COVID-19 lockdowns than any other city in the world. These lockdowns hit revenue hard, especially for those in the...

4 simple ways to save for a home deposit

Given the median value of a home in Melbourne was over $800,000 in April, it’s no wonder that getting on the property ladder can seem tough. Your biggest challenge? Saving that all-important deposit – which can take years of scrimping and saving. But all is not lost. With a solid...

The ins and outs of financing a business purchase

If you're looking to purchase a business, it pays to work with a specialist financier who has expertise and experience in business finance. Nathan Coad, Director of NMC Finance, recently spoke with Ali Cain, host of the Buy That Business Podcast about what to look for when securing finance for...

Single parent home loan. Yes, it’s possible!

With more than 60% of marriages ending in divorce, it is no longer seen as out of the ordinary to be a single parent. In fact, single parents are creating a large market of their own within the property market. Traditionally, lenders have frequently struggled to work in this space...