In May, the Federal Government delivered the 2024-25 budget. It included several measures such as energy bill relief and rent assistance aimed at easing the cost-of-living pressures on Australians. For aspiring homebuyers, there are a few important announcements to be aware of that may help you get into the market sooner rather than later. Let’s take a look. Help to Buy Scheme funding The government allocated $5.5 billion towards its shared equity Help to Buy Scheme in 2024-25 for as...

Tax time may not be the most exciting time of year, but it can be rewarding with a potential tax refund. It's a great opportunity to assess your finances, especially for property investors, who should be aware of all available tax deductions. Here are some tips to help maximise your returns: 1) Understand which rental expenses you can claim As long as expenses are for the purpose of producing rental income and you have a record to prove it, you can generally claim them as a tax deducti...

There are many reasons to consider renovating, from making your property more liveable to driving up its market value and increasing the rental income if it’s an investment.   So, which renovations should you consider when looking to generate a return on investment? Here’s some inspiration: The Kitchen Update The kitchen is often the focal point of a property, and it gets a lot of use, so it’s little wonder kitchen updates often drive-up resale value. Consider ...

For actors and musicians, securing a home loan can present unique challenges. Ask questions and BOOK NOW to understand your options. Here's a closer look at the hurdles they often face and how we can help them navigate these challenges: Variable Income Streams: Actors and musicians often have fluctuating income streams, which can make traditional lenders wary. However, showcasing consistent income over time, even if it varies, and providing documentation such as contracts, ...

If you’re not considering refinancing your SMSF loan, you should be! To understand more about refinancing considerations click here. To understand more about SMSF structures watch this short video. At present most lenders have stepped out of the SMSF lending space and almost none of them touch refinances within SMSF’s. This disadvantages most clients as they are typically stuck with an SMSF loan that after a number of years has become non-competitive from a rate pers...