The Australian Federal Budget for 2020 was one of the most widely anticipated given these unprecedented times we’re all going through. All eyes were on where spending would be directed, how jobs growth would be
We often find there is a great deal of confusion when it comes to your credit score and what variables do impact it and what don’t. This week we thought we’d dispel some commonly held
For many Australian households these truly are unprecedented times and it’s perfectly understandable that many are feeling uncertain about what financial moves they should be making, particularly when it comes to property. There could be
The Federal Government in Australia has recently announced the $25,000 Homebuilder grant to be paid tax-free to those Australians who are looking to build or renovate their home. This has been announced by the Government
Have you ever wondered why some people seem to save a lot more money than you do even though they might earn less? Are you finding it difficult to achieve your savings goals to buy
Volatility creates opportunities, and many astute property investors and analysts are expecting that COVID-19 will lead to exactly that for the Australian property market. With many watching the market, and wanting to stay abreast of
Our vast land, open spaces and locking down the cities have allowed Australia to fare very well during COVID-19. As we start to re-open, lift some of the restrictive measures, and start occupying our cities
The Victorian Government has passed legislation to support both landlords and tenants during COVID-19 as well as providing some clarity for those investors with property in Victoria. The $500 million package announced by the Government
There is currently no clear answer as to how the Australian property market will react to the Coronavirus pandemic. The one thing that is currently clear is that the volume of transactions has decreased and
Australia’s residential landlords are in need of assistance from the Australian Government during this Covid-19 pandemic, to enable them to provide the relief that is expected of so many to their tenants. The Chairperson of
There is no doubt that a great deal has changed over the last 3 months with the spread of COVID-19 across the globe. We’ve seen the COVID-19 case numbers breakthrough 500,000 worldwide with the majority
The Dow Jones has dropped a whopping 25% since the announcement of the Coronavirus, and the All Ordinaries, representing the Australian stock market, has declined a little over 26% since the peak. With mass hoarding
A property valuation is a key step in your home or investment property purchase, as it will determine how much the lender is willing to provide you with in terms of finance. The valuation is
Rentvesting can be an invaluable and astute strategy when applied correctly, so this week we’re exploring what rentvesting is, when you might want to consider it and what the pros and cons of such a
A million dollar property in Australia used to be a big deal, and in some areas it still is, however if you’re looking to get onto the property ladder in the blue-chip suburbs of Sydney
The First Home Loan Deposit Scheme (FHLDS) has officially kicked off, with the start date being 1 January 2020 for the major lenders, which are National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA),
The new year is upon us, and as we now enter the third week of 2020, it’s now time for many of the New Year Resolutions to be forgotten just as quickly as they were
Following the 2017/18 Federal Budget, Australian expat property owners now have some clarity with the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 having been passed by both the House of Representatives
Making the decision to buy your own home be a very daunting decision, whether it be your first home that you’re going to live in or you’re adding to your investment portfolio. For many Australians,
What are the best house numbers to live in…? Can your house number impact the property’s resale value…? One aspect of purchasing your next home or investment property that may not have been at the
Two of the key questions that our clients ask us are “Should I use a buyer’s agent..?” and “Are they really worth the money..?” so this week we explore the positives and negatives of engaging
First home buyers are set to receive a helping hand thanks to the Australian Government passing new laws through Parliament to implement the First Home Loan Deposit Scheme. The scheme means that low and middle
The Reserve Bank of Australia (RBA) has warned that Australian property could see another price boom given the current increasing population in major capital cities and the ongoing slowdown in the construction sector. This could
They have been dubbed the “biggest reforms to renting in Victoria’s history” and have already passed Parliament, so it’s important that any Victorian property investors are aware of these changes. The proposed reforms to the
‘Buy now, pay later’ – sweeter sounding words have never been heard, until you miss a payment and it starts impacting your chances of getting a home loan or investment loan for your property. ZipPay
Of the approximately 2 million Australian property investors, it is estimated that 75% will work with a property manager to ensure that their investment goes smoothly. There is no ‘one-size-fits-all’ approach to deciding to use
Interest rates in Australia are current at record low levels, with the Reserve Bank of Australia (RBA) deciding to keep rates on hold this month at 1%. As global tensions rise, particularly between the US
Westpac announced in the first half of 2019 that they would be unwinding its mortgage portfolio, leaving hundreds of borrowers stranded with a need to refinance before the end of September 2019. With just two
When it comes to planning your property purchase, whether you’re looking to buy an investment property or your own home, it’s important to plan for more than just your standard 20% deposit. It’s also vital
Applying for a new home loan or investment property loan can be a daunting process, particularly if this is your first loan and you’re looking to purchase your first property. Our aim at Loansuite is
Property prices in most major capital cities in Australia have been on a steady decline since 2017, and as many Australian expats would have faced, it has been difficult to borrow enough capital to enter
In welcome news for Australian expats who either own or are looking to invest in property in Queensland, the Queensland State Government has announced in the most recent Budget that Australian citizens and permanent residents
The Reserve Bank of Australia (RBA) has cut the Australian cash rate to a new low in June, so it’s important to look at what this could mean for Australian expat property investors and those
Australian property remains an attractive investment for both foreign buyers and Australian expats, and this is unlikely to change any time soon. This week we explore the key Australian taxes that Australian expats need to
It was Bill Shorten’s and the Labor Party’s election to lose, and they’ve managed to achieve this with flying colours. Scott Morrison and the Coalition have managed to retain power and will lead Australia for
The Australian Federal Election has been scheduled for Saturday 18th May, 2019, which is just weeks away. For Australian expats living and working overseas, it’s important to recognise that you still have an obligation to
The 2019 Australian Federal Budget has just been released last week, and it has left Australian property investors with a range of items to be smiling about. With a Federal election, just around the corner
There are many occasions and reasons that you may decide to transfer the ownership of your property. It’s important to consider both the financial and legal obligations and implications in these cases, to avoid any
The last few years have been particularly difficult for Australian expats and residents alike in obtaining financing, particularly for Australian property investors. With many Australian expats in particular being declined by their bank, or finding
As Australian expats, many of us fall into a trap of becoming foreign exchange (FX) ‘traders’ and ‘experts’, creating multi-currency bank accounts and expecting that we’ll be able to generate outstanding returns by taking advantage
