Finance News

Paying Rent? Here Are Suburbs Where A Mortgage Is Cheaper!

Posted on Saturday, September 24, 2016
New REIV data shows that tenants can repay the mortgage on a $215,000 one-bedroom property for just $226 a week - $149 less than the suburb’s median weekly rent of $375. 

With a median apartment price of $328,000, one-bedroom apartments in Melbourne are also more affordable to buy than rent with weekly mortgage repayments of $345 - $50 less than the weekly median rent of $395. Read the rest of entry »

Budget Backflips - 500k Lifetime Cap Gone

Posted on Thursday, September 15, 2016

Today the Government announced significant changes to the proposed superannuation reforms, providing clarity and certainty for financial planners and clients around Superannuation. 

The news that the retrospective $500,000 lifetime non-concessional cap has been removed is something the we as advisers have been actively advocating for on behalf of members since the Federal Budget.

Below are the key proposals:

Read the rest of entry »

Got A Business Idea? The Weekly Review Want To Hear About It.

Posted on Sunday, August 28, 2016

Do you need a little help getting a brilliant business or product idea off the ground? Calling all budding entrepreneurs and small business owners, The Weekly Review is looking across Victoria for their Startup Star of 2016.

Pitch your business plan for the chance to win the following:

• $10,000 prize package
• Consultation with The Finance Guru
• Use of Domain Group's office facility
• The 8 Percent Festival tickets

Nominations close at 11:59 pm on Sunday, September 4.

  • Images: see some options attached
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Read the rest of entry »

Financial Advice Flag Bearer, US Hit Record Highs

Posted on Monday, August 15, 2016
I think we all forget how good the Olympics are and now with multiple free to air channels and the app, they are making the broadcast and coverage better than ever.  And no despite the cartoon above I am not in Rio but thanks to adviserratings.com.au for the above picture.  Earlier in the year I  won the most influential person in financial services earlier which allowed me the flag bearer honor and am continuing to be an ambassador of financial advice. Read the rest of entry »

So Much Negativity - It Is Time For Some Positive News

Posted on Monday, July 18, 2016
With so much negativity in the world, the the Australian equity market had a positive last week hitting fresh highs for 2016.  Earnings season began last week in the U.S. with results looking better than expected helping their market to fresh highs Read the rest of entry »

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