by Nick Rainsford | 11 Jan 2016 | Business, General, Home loans, Investments, SMSF, Uncategorized
To quote Polonius more completely than the title suggests: Neither a borrower nor a lender be For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. William Shakespeare, ca. 1598, Hamlet Act 1, Scene 3 When Hamlet was first performed in...
by Nick Rainsford | 28 Dec 2015 | General, Home loans, Investments, SMSF
This time of year can be pretty slow work wise and most companies are running on skeleton staff. From a personal point of view it’s a great time to stop putting off having a look at your largest expense and cleanup your mortgage. In the past few months our own...
by Nick Rainsford | 14 Dec 2015 | Business, General, Home loans, Investments, SMSF, Uncategorized
“Labour cost pressures remain weak (Graph 5.7). The wage price index (WPI) increased by 0.6 per cent in the June quarter and by 2.3 per cent over the year – the lowest annual outcome since the index was first published in the late 1990s.” This is a direct quote from...
by Nick Rainsford | 7 Dec 2015 | Business, General, Home loans, Investments, SMSF
We are always asked our opinion as to which way lending rates will be moving next. Our standard response is to point towards the RBA statements and recent economists but politely dodge the question. As part of our credit licence we cannot give specific advice. The...
by Nick Rainsford | 22 Nov 2015 | Business, General, Home loans, Leasing
When we first purchase a home we breathe a sigh of relief. After a while though (and perhaps a pay rise or two later) we start thinking about our second largest asset. Ours car. Before I get onto cars, let’s briefly delve into a few facts that may or may not apply to...
by Nick Rainsford | 1 Nov 2015 | Business, General, Home loans, Investments, SMSF, Uncategorized
By the end of last week all four of Australia’s major banks had raised or were going to raise rates on housing finance. They were joined by – what was once – Australia’s largest investment bank. The rate rises are as follows: BankRate Increase ANZ0.18% CBA0.15%...
