We announced just recently that both the Australian Prudential Regulation Authority (APRA) and Australia’s Treasurer, Josh Frydenberg, had expressed their concerns about the high levels of household debt relative to income levels, and this is
“I’m a self-employed Australian expat living and working abroad, can I still get a home loan in Australia..?” The good news is that the answer to this question in most instances is yes. Of the
Is it about to get more difficult to get a home loan, investment loan, or refinance your existing mortgage in Australia..? Based on the commentary and data that is being released, this looks to be
Covid-19 has certainly seen a significant rise in the level of digital theft and online scams, so it’s important to understand the warning signs, and how you can ensure that you and your family are
Buying your first home will, for many, be one of the largest purchases you will make in your lifetime. Given the significance of the financial outlay, it is certainly worth taking the time to do
A common question that we’re asked by many of our Australian expat clients when they’re looking at buying their own home is – “My spouse / partner isn’t Australian, is there anything I need to
The past 18 months since early 2020 has caused many Australian expats to consider their plans to move back home to Australia. Whether it be concerns about job security, missing family back at home, or
Many Australian lenders will offer ‘cashback’ incentives for both purchases and refinances that are submitted by a particular date. Naturally, this is designed to attract new borrowers to them, however, it’s important to really do
Purchasing a property in Australia, whether it be for investment purposes or as your primary residence, can be a stressful experience for most. This can be even more the case for Australian expats living and
There have been a number of snap lockdowns across Australia recently due to Covid-19, particularly in the eastern capitals of Melbourne and Sydney. As a result of this, many are beginning to question whether these
Fixed interest rates for both owner-occupiers and property investors in Australia have rarely been more attractive than the past year, but could all of this be coming to an end. This week our team at
The Australian property market has been in strong demand across most major capital cities over the past 6 – 12 months, and this is showing little signs of slowing down in the short term. With
Are you thinking about renovating your home or investment property? Are you an Australian expat currently working abroad and starting to think about returning home, but before you do you want to renovate your existing
The Australian property market has certainly been ‘hot’ with properties being snapped up within hours and days on the market, and many people paying well over reserve prices at auctions. How can you put yourself
When applying for a home loan or mortgage for an investment property, you will need to show the bank that you have genuine savings. This means actual savings from your salary, or another form of
Navigating the mortgage and home loan space can be a daunting task. Not only is it important to consider which lender is going to be right for you and how much you should borrow, but
A key step when purchasing your own home or an investment property is to carry out an inspection of the building. Whether you’re buying your first home, or you’re an experienced investor, inspecting a house
If you’re looking to buy your own home, purchase a residential investment property, or even refinance your existing loans, a great place to start is to check your credit score and work out where you
A divorce can be an incredibly difficult and emotionally stressful process for anyone to go through. When you have to start to explore how you will unravel and separate your finances, this can be made
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
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
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
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
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
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 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
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
Let’s face it – financial literacy in our communities is appalling, and our education systems are not moving fast enough to drive meaningful change in this area. Our children are leaving school with valuable life
The Hayne report was handed down and released to the public on Monday afternoon of last week. Very few expected that brokers would bear the brunt of the sweeping recommendations made by Hayne, and that
We are often asked by Australian across the globe one very common question – “I’m an Australian expat, can I still get a home loan or investment property loan in Australia..? With all of the
There has been a great deal of media coverage about the alarming number of interest-only loans in the market place as well as the fear that many mortgage holders may face difficulty making repayments if
Whether you’re an Australian expat looking to purchase an investment property back home, or you’re an Australian resident looking to buy your first home, there is a lot you need to know about the features
It is likely that we will see a federal election called in Australia within the next 12 months, and the Australian Labor Party has proposed some significant changes to the current negative gearing rules. With
In a recent report, Australia has been found to be one of the least affordable countries for people to buy property across the globe. The Grattan Institute study also suggested that more homes be built
