Capital Gains Tax When Working From Home

Oct 20, 2021 11:26:07 AM

Whether you’re working from home out of necessity or using your home as your principal place of business, it’s important you’re clear on both the tax implications – Capital Gains Tax on the sale of your property - and tax deductions that could impact you. Here’s a guide to each of these scenarios.


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Topics: Mortgage Broker, COVID-19, Home Loans

How to Buy Property in Lockdown

Sep 23, 2021 2:17:48 PM

A combination of record low interest rates, Government incentives, and a general fear of missing out (FOMO) is driving continued interest in the Australian property market, this despite much of the country still being under lockdown restrictions. The real estate industry has been quick to adapt its processes in order to meet buyer demand during lockdown, with the overriding message being quite clear that it is still possible buy property at this time. Here’s more on this topic from two Harcourts’ real estate professionals, as well as input on financing in lockdown from two Mortgage Express brokers.


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Topics: Financial Health, Refinancing, COVID-19

Getting Finance or Refinancing in Lockdown

Sep 22, 2021 7:33:43 AM

One question many of our mortgage brokers report hearing from clients right now is: “Can I get a home loan or refinance my mortgage during lockdown?” The answer is yes! Although lockdown orders and social distancing measures have created a number of challenges for lenders and home loan customers alike, most are adapting processes to fit the new regime. Read on for more on this as well as tips from some of our mortgage brokers on how to improve your application.


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Topics: Financial Health, Refinancing, COVID-19

Hosting the 2032 Olympic Games a Boost for Brisbane

Aug 25, 2021 8:45:50 AM

If past Olympic Games are anything to go by, hosting the 2032 Olympic Games will stimulate the host city’s economic recovery and create thousands of jobs for locals. What’s more, off the back of major infrastructure being planned ahead of the games, economists are predicting a significant rise in house values across Queensland’s south-east corridor, with a number of property hot spots already being identified.


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Topics: Financial Health, Health and Wellbeing, COVID-19

3 Steps to Being Mortgage-Free

Aug 23, 2021 1:53:28 PM

For many Australians, the key to a comfortable retirement lies in being mortgage-free. Yet many homeowners struggle to pay back their mortgage ahead of retirement, while some even end up with a bigger loan than when they started. If you’re working towards being mortgage-free, there are a few strategies that can help you get there. In this guide, we outline 3 steps to being mortgage-free.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Tackling Mortgage Stress

Aug 23, 2021 1:52:27 PM

Mortgage stress. That’s the term used to describe the financial stress felt by those homeowners who devote more than 30 per cent of their income to paying a mortgage. Those dealing with mortgage stress may be struggling financially, finding it-increasingly harder to make ends meet, living from pay check to pay check. If you’re facing a similar situation, here’s a useful guide to recognizing mortgage stress, and some ways to help you tackle it.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Financial Support During Lockdown

Aug 11, 2021 12:29:24 PM

Tens of millions of Australians are currently affected by the extended lockdown restrictions in New South Wales and Victoria, many of whom will be unable to work or earn an income during lockdown. Along with a host of Government support packages targeting those businesses impacted by a loss of earnings, lenders are stepping up to assist their customers affected by tightened lockdown restrictions. Read on to find out what support may be available to you.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Supporting Individuals and Households During COVID-19 Crisis

Aug 10, 2021 5:04:20 PM

As Australia continues to deal with a resurgence of COVID-19 cases across the country, Government has announced an increase in the COVID-19 Disaster Payments for those affected by Commonwealth-declared COVID-19 hotspots. For those outside the declared hotspots, who may still be affected by lockdown restrictions, states and territories are also providing financial assistance. Here’s a brief synopsis of the support you may be entitled to.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Support for Businesses and Workers Impacted by COVID-19 Lockdowns

Aug 10, 2021 5:01:40 PM

On 28 July 2021, federal government, in conjunction with NSW and Victoria state governments, announced that it would be extending new support packages to businesses impacted by extended lockdowns. And more recently, South Australia and Queensland state governments have also offered support. If your business has been impacted by the COVID-19 outbreak, read on to find a brief snapshot of the financial assistance or other types of relief you may be eligible for.


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Topics: Financial Health, Health and Wellbeing, COVID-19

3 Financial Rules of Thumb Worth Following

Jul 2, 2021 8:41:40 AM

Personal finance is full of rules of thumb about saving, spending, paying off debt, and budgeting. These well-known financial guidelines help us apply proven methods for saving, investing, buying a home and even planning for retirement. They can be useful shortcuts for making quick calculations and decisions about finance. In this article, we’ll look at 3 financial rules of thumb that we believe are worth incorporating into personal finance decisions.


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Topics: Mortgage Broker, Financial Health, COVID-19