What Are Buyer’s Agents and How Can They Help You?

Gino Farina Services

What is a Buyer’s Agent? A buyer’s agent is a licenced real estate professional that specialises in searching, locating, evaluating and negotiating the purchase of a property on behalf of a prospective home buyer. In a real estate transaction, a real estate agent works for the vendor and a buyer’s agent represents the interests of the buyer. Benefits of Engaging …

My Financial Health

Gino Farina Money

This month, I have launched the first element of the My Financial Health Program, a secure online portal where you can store all of your personal finances and manage them either at home or on the go. The Wealth Portal uses the latest technology and bank level security to provide a platform where you can organise and analyse your finances, …

Buy Your First Home with the First Home Super Saver Scheme

Gino Farina First Home Buyers

The First Home Super Saver Scheme First homebuyers across Australia have a new way to get into the property market with the First Home Super Saver (FHSS) Scheme. Introduced on July 1 2017, the First Home Super Saver (FHSS) Scheme lets homebuyers access money from their superannuation fund to help them secure their first home. How it works is that …

Be Aware of Changes to Self-Managed Super Fund Loans

Gino Farina SMSF Lending

What is a Self-Managed Super Fund? A Self-Managed Super Fund (SMSF) is a private superannuation fund, regulated by the Australian Taxation Office (ATO) that you manage yourself. Set up costs and annual running expenses can be high, so it’s most cost-effective if you have a larger superannuation balance. A common reason for starting a SMSF is greater access to a …

Current Interest Rate Moves and How They Affect You

Gino Farina Interest rates

Banks Increase Rates, RBA Keeps Cash Rate at 1.5 Percent At it’s October meeting, the Reserve Bank of Australia (RBA) kept the cash rate at a record low of 1.5 percent, extending its record period of policy inaction beyond two years. Even though the RBA is not expected to raise official interest rates in the near future, both smaller and …