Thinking about applying for a business loan? It’s a big step, but don’t worry—you don’t have to figure it all out on your own. Timing is everything, and knowing when to take the plunge can set you up for success. Whether you’re looking to grow, upgrade your equipment, or manage...
Your Guide To Borrowing Power
Buying your first home is an exciting milestone, but let’s be real—it can also feel a little overwhelming. With so much information out there, it’s easy to get lost in the jargon. One of the most important things to understand before diving into the property market is your borrowing power—a...
Security Swapping When Buying a New Home
If you’re happy with your current home loan and want to avoid the hassle of applying for a new one, a security swap could be just the solution you’re looking for. Also known as a substitution of security or loan portability, security swapping lets you hold onto your original mortgage...
Refinancing Can Help You Manage the Cost of Living
As many Australians grapple with the rising cost of living, the pressure to manage household expenses has never been more intense. With inflation affecting everything from groceries to utilities, finding ways to reduce monthly outgoings is crucial. One option that can provide financial relief is refinancing your home loan. By...
How to get ahead in a hot property market
The Australian property market is undeniably hot, with housing values increasing by another 1.5% in September, according to CoreLogic. That rise means national values have grown by 17.6% over 2021 alone. And when compared to the same time last year, prices are up by a stunning 20.3% – the fastest annual...
What are the three most important strategies for a financially comfortable retirement?
Nathan Coad, Director of NMC Finance recently wrote an article for Silver Magazine outlining the strategies you should be considered to maximise financial freedom in retirement. The answer is simple: Good advice A clear strategy Start now! Achieving financial security beyond your working years is something we should all be...
NAB Commercial Property Survey
There’s a mix of both bad and good news in the latest NAB Commercial Property Survey.On the downside, Victoria’s office vacancy rate has more than doubled to 10.9% in Q2 from the 4% recorded at the end of March last year. The vacancy rate is excepted to ease somewhat over...
Home Price Growth & Forecasts
Ratings agency Fitch has bumped up its property price growth forecast for Australia, and is now expecting prices to soar by as much as 16% this year. That’s significantly higher than the agency’s previous estimate released in December 2020 – which forecast growth of between 3-5%. It also places Australia...
Popular commercial property assets
Ever wondered what sort of commercial property assets people buy when they take out commercial loans? The most popular type of purchase is offices, followed by retail and industrial, according to data from APRA, Australia’s banking regulator. * Offices = 31% of commercial property loans by value * Retail =...