Mortgage System Won’t Change: Govt

By | 2019-03-28T09:18:36+00:00 March 25th, 2019|News|

With an election just weeks away, the Federal Government has backed away from the banking royal commission's recommendation that all commissions in the mortgage broking industry be abolished and consumer groups warn it will leave borrowers worse off. Key points: When Kenneth Hayne's final report was released, the Government pledged to ban trailing commissions from

Bank Aims To Destroy Brokers: Claim

By | 2019-02-27T10:07:02+00:00 February 27th, 2019|News|

One of the largest mortgage broking groups says Commonwealth Bank has a concerted strategy "to destroy" the broking industry. Finsure, which has a network of 1,500 loan writers, is among mortgage brokers who oppose the Hayne Royal Commission’s call for commission payments to be scrapped. Finsure managing director John Kolenda claims CBA and its chief

Results of property investor survey

By | 2019-02-27T10:23:10+00:00 February 26th, 2019|News|

Momentum Wealth’s annual Property Investor Survey gives unique insights into the minds of Australian property investors, uncovering the latest trends and preferences amongst those in the market. The results presented in this report are based on the responses of 483 participants who have a variety of experience in property investing, from complete novices to experienced, multi-million-dollar portfolio owners.

Property in 2019: Experts reveal what to expect for the Qld market

By | 2019-01-24T16:08:39+00:00 January 24th, 2019|News|

 It will be remembered as the year Brisbane outshone the nation’s two biggest housing markets and defied a property downturn gripping other states. Home values in 2018 in the Queensland capital rose a steady 0.3 per cent at a time when they fell 5.8 per cent in Melbourne and 8.1 per cent in Sydney —

Bank reveals top reasons property investors avoid loan applications

By | 2018-11-23T09:54:17+00:00 November 23rd, 2018|News|

The results of a survey from a bank have found that almost 50% of investors avoid applying for home loans because they are too difficult – some would prefer to sit in peak-hour traffic or visit the dentist. Conducted by St.George Bank, the 2018 St.George Home Buying Survey determined that, rather apply for a home loan, 17%

Have your say on the future of renting in Qld

By | 2018-11-22T16:26:51+00:00 November 22nd, 2018|News|

Have you had your say on the future of renting in Queensland? Remember, the closing date for feedback is 30 November 2018. Property owners and renters are being invited to have their say as the State Government plans to overhaul 40-year-old renting laws. The review is looking at how to make it easier for renters

How to teach your kids to be smart investors

By | 2018-10-29T11:09:25+00:00 October 29th, 2018|News|

Many Aussies want to buy their own home to raise a family and set themselves up for the future. Owning a property is also one way to look at securing your children’s future. If you’re a parent, you might have wondered at some point, ‘how can I help my kids develop good habits with money

Australia Leads World on Wealth

By | 2018-10-29T10:58:47+00:00 October 29th, 2018|News|

The typical Australian is richer than the typical person in any other country in the world, according to a new survey. Australia has seized from Switzerland the global title of having the highest "median wealth per adult", in Credit Suisse’s 2018 Global Wealth Report. Not only are Australians rich by global standards, our wealth is