RBA to Increase Interest Rate

A general consensus amongst economists says that they expect RBA to increase rates between 1-2% in the next 12-24 months. With this possibility, all lenders have factored in future increases. One example is a leading lender with the following rates for an owner-occupied loan. Variable Rate: 2.14% (Full Doc, P&I

Mobile service in Northern NSW and South East QLD

Scott Vallender has over 15 years banking and finance experience, and is committed to helping clients with their financing needs, from purchasing their first home, to buying their first investment property, sourcing funds for renovations, upgrading or downsizing, and even financing property through their self-managed super fund. Scott grew up

2019 Housing Market Update

CoreLogic has released their latest Housing Market Update. Sydney Dwelling Values are now -13.2% lower than their July 2017 peak.Brisbane Dwelling Values – a popular investment market for Sydney clients are now -1.0% lower than their April 2018 peak.The slowdown in credit growth is mostly due to a reduction in

DocuSign: Our Innovative Approach

In order to provide you the best service, we will be progressively emailing corporate secretarial documents, tax returns and financial statements via DocuSign starting 24 September 2018. This will not only gives you ease of access to our documents digitally, it would also provide a faster pace of processing them.

A Rising Star in the Industry

Everyone enjoyed the 3-day long escapade at the National Conference last 14-16 October which was held in the Sun City in South Africa. Yet, the biggest highlight of the event is the Vow Financial Altitude Awards gala dinner wherein top-performing brokers and brokerages were recognised and acclaimed by Vow Financial Group. Best Interest Brokers’

Vow Financial Altitude Awards Finalist

A good mortgage broker should exude high levels of professionalism and engagement to be on top of the game. Hence, being recognised as one of the top broker partners, not only in New South Wales, but in Australia is a signal that one is indeed at the right track. Best

Business Advice for Under 35’s

The Pittwater Council will have a seminar entitled Business Advice for Under 35’s that will focus on how to start a new business or how to grow a small business. This event will be held on Thursday, 17 September, 2015, from 6:00 PM – 8:00 PM at Pittwater RSL, 82 Mona Vale Road, Mona Vale, NSW 2103. Best Interest

Monetary Policy Decision

At its meeting on 7 July, Tuesday, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. Statement by Glenn Stevens, Governor: Monetary

Another Cash Rate Cut this May

Last February, the Reserve Bank of Australia had made a decision to lower the cash rate by 25 basis points to 2.25 per cent.  On Tuesday, 5, May, the RBA had announced that there will be another cash rate cut by 25 basis points to a record low of 2 per cent

Cash Rate Update as of 3 Mar 2015

After the Reserve Bank Board meeting last 3rd February that resulted in the decision of cutting the cash rate into a record low of 2.25 per cent, there is a clear bias to cut rates again. What does this mean? The Reserve Bank has made a strategic decision and is

Interest Rates Trimmed

It was a big surprise for everyone when the Reserve Bank of Australia made an announcement in its first meeting of 2015 that it is making a decisive cut of 25 basis points to the official cash rate. The official cash rate is one of the major factors that guide the interest

RBA Interest Rate Decisions – 2015

The Reserve Bank sets the target ‘cash rate’, which is the market interest rate on overnight funds. RBA uses this as the instrument for monetary policy and influences the cash rate through its financial market operations. Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in

Helping our Kids Build their Wealth

With over 30% “‘of adult children still living at home it’s no wonder parents may have to consider working until they are 70! The challenge of home ownership for young Australians is an enormous issue. However the consequences for parents are just as concerning. Studies show 46% of parents were