Be Aware of Major Changes to How Living Expenses Impact Borrowing

Gino Farina Home Loans

In response to regulator intervention and the influence of the Royal Commission findings, the past few months have seen big changes when it comes to borrowing. The regulator now expects banks and other lending institutions to conduct a detailed assessment of the spending habits and living expenses for anyone looking to change their lending or enter a new borrowing arrangement. …

How to Improve the Performance of Your Superannuation

Gino Farina Money

Have you checked the performance of your super lately? Is all your super combined into the one fund? Do you even know where to start? In light of recent industry changes, now is a great time to look into your super and make sure it’s performing for you. Superannuation in the Current Climate In recent months, workers have reacted to …

New Year’s Financial Tips

Gino Farina Money

There are a few key ways you can take control of your finances to achieve your money goals in 2019. Tip 1: Set Your Money Goals for the Year What are your money goals for this year? You need to make them specific, achievable and give yourself a timeframe to achieve them. Once you have your goals, you need to …

7 Tips to a Healthy Credit Report

Gino Farina Money

A key step towards financial health is a healthy credit report. Whether you want to take out a loan to buy a home, a credit card to earn points or a new mobile phone on a post-paid contract, a credit provider will probably want to access your credit report to decide whether or not you’re creditworthy. Step 1: Know What’s …

Property Valuation vs Appraisal

Gino Farina General

If you’re looking to buy or sell a property, or you just want to know how much your place is worth, it is important that you understand the difference between a property valuation and a real estate agent’s appraisal. What is a Property Valuation? A property valuation is a detailed report of a property’s market value, defined by the International …