Breakfree News
More people are able to get a mortgage
Australian banking regulator (APRA) announced plans this week to relax the assessment rate for home loans, effectively meaning home buyers could access and/or borrow more money. Industry figures described it as the most significant development for the property market...
Lending – the 3 changes you need to know
The 3 changes you need to know – which will affect your ability to get a mortgage and even a credit card. Australia is looking at a once in a generation chance to reshape how the lending assessment works. The three biggest drivers of this will be the changes to: How...
You have found your dream home… But now what?
Over half of first-time buyers admit that they were never clear on the various lending options available to them. Nor what kind of information he or she is supposed to provide at various stages of their loan application. They also don’t know what questions they should ask their mortgage broker.
Federal Budget 2018 – What it means for SMSFs
Contrary to expectations, the 2018 budget did contain a few surprises for the SMSF sector. While the Government kept its pre-election promise not to increase superannuation taxes, it did announce changes designed to improve the integrity of the super system, and to provide greater flexibility to contribute.