Mortgage traps to avoid – Part 3

The honeymoon trap One of the most common mortgage traps, the honeymoon loan, often seems like a wonderful offer on the surface: “Low introductory rate for the first 12 months”. If you’re buying your first home, you might imagine this to be a great way to ease into home ownership… Read more

ATO hit list: rental property income and capital gains

Property investors beware: the Australian Taxation Office (ATO) has revealed the four key areas it will be targeting this tax year, and rental property income/deductions and capital gains are high on the hit list.

Ready for lift-off: how to prepare a buffer for more rate rises

Rate rises are a bit like taking off in a plane. Sure, it’s a bit nervy, but so long as you’ve run through your pre-flight check, have a well-serviced aircraft, built-in some contingencies (a buffer!), and have a handy co-pilot (us!), you should reach your destination no worries.

Mortgage traps to avoid – Part 2

The ‘where is the branch?’ trap Does it really matter if your lender doesn’t have branches for you to walk into? The reality is that if they have a physical branch you are very likely paying more for the privilege. In an age where everything you need to do with… Read more