Top Hacks That Can Shave Thousands of Your Mortgage

Gino Farina Home Loans

When you’re taking out a mortgage, you’re usually making the biggest financial commitment of your life. Here are a few hacks that could potentially save you thousands of dollars. Negotiate a Lower Interest Rate When it comes to getting the best interest rate, do your homework. You should always shop around with banks and non-bank lenders to make sure you’re …

Making the most of the instant asset write-off

Gino Farina Self Employed

Cash flow is like your daily hit of caffeine. You don’t really notice how important it is for your business until you’ve got to try and operate without it. Today we’ll look at how the recently expanded instant asset write-off initiative can help out in that area.

Review Your Energy Costs and Save up to 20%

Gino Farina Money

Compare, Switch and Save with this FREE Energy Comparison Service Have you reviewed your annual energy costs? Now, more than ever, it is easy to compare energy costs from a range of energy suppliers, and save up to 20% off your bill. While there are many energy compare and switch services available, I recently used the free service available for …

The Difference Between a Credit Score and Credit Report

Gino Farina General

If you’ve applied for or used credit, then you are likely to have a credit report and a credit score, referred to as your credit profile. It’s a way for Australian credit providers, such as banks and credit card companies, to help work out how likely it is you’ll be able to repay a loan. Your credit report and score …

5 Things to Know Before Buying Your First Home

Gino Farina First Home Buyers

Buying a house is one of the biggest achievements and scariest things you’ll ever do. It can also be a very exciting time, however there are a few things you need to consider before you take the homeowner plunge. 1. Buy a House You Can Afford Don’t fall into the trap of borrowing more than you can afford to buy …

Federal Budget Overview

Gino Farina Money

On 2 April 2019, the Government handed down the 2019-20 Federal Budget. The focus of the Budget is for a stronger economy and securing a better future. The changes proposed in this year’s Budget are minimal in number compared to prior years, and largely positive, which is no surprise in an election year. Changes include updates to personal taxation thresholds …

Buying or Selling? Review the March Property Clock

Gino Farina Real Estate Market

If you’re looking to buy or sell, the Herron Todd White (HTW) Residential Property Report is a great reference tool. Their property clock is a good visual representation of the state of the property market and its cycles. The March national property clocks for houses and units are included below, along with detail on how it works and to best …

Current Issues Faced by Small Business Accessing Finance

Gino Farina Self Employed

Many small businesses looking to grow find it hard to access finance. Lenders say that they are keen to lend to small businesses, but that unsecured finance involves more risk. This article outlines some initiatives that could help to improve access to finance for small businesses. Issues with Obtaining Finance as a Small Business The proportion of small businesses that …

Property Investors Hit Hard by Falling Prices and Tighter Credit

Gino Farina Property Investors

Investors are big players in Australia’s property market, representing about 42 per cent of total mortgage demand. In the days of the property boom, they reigned supreme with their superior purchasing power. They had willing banks and favourable tax laws working for them, increasing property prices and capital gains. However, the banks’ tighter lending policies in the wake of the …