You may have seen in the news this week that there are policy changes on the horizon with APRA, but what does it all mean?
TIP – if you don’t like numbers, or find this subject boring, skip to the bits in bold!
APRA, the body who regulates Authorised Deposit-taking Institutions (ADI’s) – i.e. banks

 
It’s easy to get bogged down in numbers when you’re looking at property and analyzing your buying power, but don’t forget the power of negotiation to help you get the best possible value for your investment.
The good news doesn’t stop there. In the right situation, you may be able to negotiate favourably with:

There may be no magic metrics to judge your finances to pull the trigger on a property purchase, there are a few questions you can ask yourself to see if you’re in a good place to start building a portfolio.
# 1: Do you have the cash flow to handle investment expenses if they go

It’s one thing to think about investing in property, that’s easy. But planning and taking the leap to becoming an actual investor is another story. Some people procrastinate, sometimes for years, waiting for the perfect investment conditions to knock on their door. Other people simply don’t know where or how to get started, or what

The Mortgage Broking Industry Group (MBIG) has launched The Value of Mortgage Broking, a report by Deloitte Access Economics.
This report demonstrates the value that the mortgage broking industry brings to customers, lenders and the Australian economy, mainly by driving competition and delivering greater choice and valuable services to all Australians.
You can click here to view

Australia has been split on their opinion on who should be in government, with some seats being so close they are yet to decide on which party will win. With that being said, Liberal is the only party with enough seats to form a government, and it is whether or not this is a minority

It can be a difficult experience to buy your first home. There’s so much to learn when it comes to buying your first property, and when you’ve never done it before there’s a long list of new terminology to learn, hidden costs you had no idea about, financial surprises, and even conflicting advice depending on

It used to be enough to give a rough estimate of the cost of living, the Royal Commission and the Australian Prudential Regulation Authority’s (APRA) has put the spotlight on your living expenses as part of a call to confirm sound lending practices. Now lenders are progressively asking for itemised and verified household expenses.
It

Some of you may have seen an article recently regarding predicted and planned changes to redraw with some lenders.
Commbank have recently brought in these changes to their loans, which has confirmed that the article recently written is correct, (please see https://www.commbank.com.au/banking/changes-to-loan-repayments-and-redraws.html) and it is important that if you have and require

Being self employed can sometimes make it difficult to apply for a loan. The banks in most cases will want to see a full two years of consistent income before they can approve your loan, but how about those who have had great performance within their companies and cannot wait to lodge their last financial