I’ve had a good number of clients asking about Self-Managed Super Funds (SMSFs).
With the recent increase in interest rates, it’s made it more challenging for lending serviceability. This has ruled out purchasing an investment property for many.
However, some of our clients looking to build wealth in a tax-effective manner have been looking to

Happy New Year!
I hope you were able to get a break to spend some quality time with your loved ones.
We’re very much back in the swing of things here at Peasy, and it’s certainly been a busy start so far. It looks like the initial shock of the rate

When we hear the quarterly profit results from the major banks, we can’t help but think “I must be getting ripped off!”. If you’re one of these people, then you’re probably right, and the banks do make a significant amount of their profit from “lazy loans”.
Our first urge is to call the bank and

 
First-home buyers will now be able to choose between paying stamp duty upfront, or via an ongoing land tax, commencing January 16th of next year.
How does it work?
Currently, first-home buyers in NSW are able to purchase a property for up to $650k without being required to pay stamp duty, with a stamp

You’ve probably heard rumblings in the media that Queensland passed a new tax law (which takes effect from June 2023) that allows the government to use the total value of the investor’s land holdings, including interstate, in calculating land tax on the Queensland component of the investor’s portfolio.
These new land taxes are in addition

 
It was certainly a relief to see the RBA keep rates on hold last Tuesday, and whilst a 0.25% rate increase is widely expected in May, the pause in April did give us the first positive sign that we are close to the peak.
What’s even better, is that there are likely going to

 
Most of us have thought about it… Relocating to the sunny state of Queensland to enjoy better weather all year round, or moving to Adelaide to get away from the hustle and bustle of a big city. Some of us have even thought about moving to chase a new job opportunity or career change.

As you can imagine, we get this question a lot, and with good reason! With fixed rates the lowest we’ve ever seen, most of our clients chose a fixed rate, and are now facing much higher rates when the term expires.
At Peasy, it’s part of our process to try and

As rates rise, many homeowners are facing the prospect of paying more than 2.5% higher on their mortgage than what might have been only a matter of 6 months ago.
In terms of how this translates to mortgage repayments, it’s a nearly $1k per month increase on an $800k loan over a 30-year loan term.

We’ve just witnessed the Reserve Bank of Australia deliver an unprecedented fourth double interest rate increase in a row, and the uncertainty around how much higher rates have yet to go, is driving greater caution and uncertainty.
With consumer sentiment and confidence waning, we are seeing a direct impact on the property market with buyers