by Nick Rainsford | 15 Aug 2016 | Business, General, Home loans, Investments, Leasing, SMSF
As a former banker, I have a soft spot for Australian banks. I have worked for a couple of them. What I have always failed to understand is why people continue to use these banks despite their strong personal feelings opposing them. Let me explain. Many of us have a...
by Nick Rainsford | 8 Aug 2016 | Business, General, Home loans, Investments, SMSF, Uncategorized
Like most people, I thought that the 0.25% interest rate cut announced by the RBA at 2:30pm last Tuesday was a good thing. Until I sat back and thought about it. You see, as a mortgage broker, anything that stimulates the property market or refinancing of existing...
by Nick Rainsford | 1 Aug 2016 | Business, General
Last week my son got his provisional drivers licence in the state of New South Wales. As a good citizen, I thought I would disclose to my insurer that a young driver with a provisional licence was now driving one or more of our cars. I dreaded doing this as I was time...
by Nick Rainsford | 25 Jul 2016 | General, Home loans, Investments, SMSF
Over the last few months I have begun to notice a despondency amongst some younger people about their lot in life. Specifically, how out of reach home ownership is for them. However, there’s no need to panic. It’s tempting to start an article like this with...
by Nick Rainsford | 18 Jul 2016 | Business, General, Home loans, Investments, SMSF
There is an argument around today that given banks have been the cause of so much economic grief over the past decade, we should curb their ability to operate, nationalise them or, more dramatically, simply close them down – presumably in favour of something else....
by Nick Rainsford | 15 Jul 2016 | Business, General, Home loans, Investments, SMSF
Lately we’ve been playing catch up. Lenders adjust their rates so often that, at times, as soon as we’ve issued a price comparison to a client, it’s out of date – made redundant by the aforesaid changes that lenders put into affect. When the price changes are in...
