15 Dec 2017
Most modern home loans come with a redraw facility and/or a mortgage offset account so you might be wondering what the difference is and which is the most tax effective mortgage type.
With a redraw facility
you can make additional payments ...
12 Dec 2017
Tired of paying rent to a lazy landlord and watching your friends become homeowners, you crunch the numbers and figure out you can get a home loan at an interest rate of 3.7% per annum.
After sifting through the auction results ...
12 Nov 2017
If you are running a business, regardless of size, you should have structured and documented exit plans in place to ensure that the entity continues to exist and thrive beyond the time frame where the current management or owners are ...
10 Nov 2017
Any successful business that has been around for some time has, at its core, a framework of planning. Annual financial and business plans, long-term strategic plans, performance management plans and production plans all serve to place structure into daily operations. ...
11 Oct 2017
While it might be tempting to just give up when your business is teetering on the edge of collapse, putting in the effort to turn things around is not only financially rewarding but can also be personally satisfying. Of course, ...
10 Oct 2017
Recent research conducted by CBA
has found that almost half (47%) of Australian business owners and management spent either no time or less than 2 hours per week on planning for their business to ensure ongoing success. ...
20 Sep 2017
Technically speaking, if more than 30 percent of your pre-tax income goes towards paying your mortgage, you meet the common definition for being ‘mortgage-stressed’ – and it’s more common than you think! We take a look at how to avoid ...
15 Sep 2017
A fall in interest rates is usually greeted with delight by homebuyers. The lower the interest rate the less the mortgage repayments on a particular house, right? Well, maybe. However, lower interest rates also mean borrowers can service a bigger ...
05 Sep 2017
Small business owners have to wear many hats in order to run their enterprise, including that of marketer. However, because they aren’t necessarily trained in marketing, it’s easy for many people to be doing the wrong thing with their marketing ...
05 Sep 2017
Many small business owners would love to be better able to compete with their much bigger rivals but don’t know how or don’t have the funds to launch a massive marketing campaign. But you don’t always need to spend a ...