Case Study – ATO debt; banks say “no way”

Man signing a home sales contract

The Client Jarred is self-employed. He runs a Computer repair and sales company. He had a tax debt of $120K that he defaulted on. However the ATO never forgets. He had a payment plan of $5,500 per month.  He was planning to sell his house and downsize to attempt to clear the debt.  The problem […]

CASE STUDY – Vacant land purchase

Case Study Vacant Land 1

Vacant Land Purchase – the clients: Mr A and Mrs A (not their real names!) run their own individually successful businesses. They also own a house each. Each house is valued at approx. $1.2m, and each mortgage is approx. $500K. They are looking to buy a vacant block of land to develop into their own […]

Thinking of fixing your home loan rate? Look before you leap.

fixed rate mortgage

Thinking of fixing your home loan rate – beware – look before you leap. Anyone with a memory longer than 4 years will recall that home loan interest rates during Covid were ridiculously low. It also showed how little predictive power people who set these rates actually have. The common thinking in 2021 and into […]

FINANCES ON YOUR MIND? DO YOURSELF A FAVOUR, SPEAK TO A BROKER

If you are finding it tough to meet your current financial obligations or you are just interested in reviewing your current home loan, then you are not alone. Mortgage brokers stand ready and able to assist with your options during this difficult time. Turbulent does not even begin to describe 2020 so far. As a […]

RISING INTEREST RATES: THE FAT MAN’S DIET

There are two things you rarely see together – diets and economics. Diets are needed but rarely work long term by themselves. Economics always seems to have the answers works, but never before the fact. Economics is that most wondrous of lifetime pursuits that lends itself to an unending search for rational explanations of social phenomena. […]