Blog

Should I invest in a commercial property?

While most investors think residential when they consider property investment, there is a case for investing in the commercial property sector: offices, warehouses, factories, and retail spaces.   Often, the yields on commercial properties are higher. The average return on residential properties tends to sit currently at between 3-5%. For commercial properties it can be…

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Family disputes over ‘loans’ are becoming more common.

Last year I wrote about the fact that the ‘Bank of Mum and Dad’ has steadily risen to become Australia’s fifth biggest lender, with almost 30% of parents helping their children get into the property market. So in many respects it was sad to see an article last week in Domain which reports that family…

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Teaching kids about cash, in a cashless world.

I’ve written before about what I think is a massive problem for young Australians – their lack of knowledge about money and finance. And it’s something that personally, I’m passionate about.   And part of the reason that young people are ill-equipped, is that we’re ALL increasingly ‘disconnected’ from the cash we spend – we…

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Four ways to pay off your loan sooner!

Many people simply make their allocated mortgage payment each month, but with a little extra diligence, you can pay off your loan much more quickly. Even as little as $100 extra repayment per month can make a big difference in the long term.   Other tips include.   Repay your mortgage more often By making…

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Peer to Peer Lending What is it? How do you use it?

Peer-to-peer (P2P) lending is becoming more popular in Australia. It involves borrowing money from individual investors. By lending their money, the investors usually get a more attractive return than they do on a lot of other investments, and for borrowers there is the advantage of generally lower interest rates than those offered by traditional lenders.…

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Comprehensive credit reporting – what it means for borrowers.

This year, the Turnbull Government is forcing all of the big banks to join the ‘Comprehensive Reporting Regime’. Its impact will be both positive and negative.   Background The Comprehensive Credit Reporting Scheme was introduced in 2014. Before the scheme was introduced, credit reports featured only information such as missed payments of more than 60…

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Two great reasons to celebrate the end of 2017!  

Simplify Finance has been named the Best New Group as well as making it into the Top 40 AFG (Australian Finance Group) Mortgage Brokers NSW/ACT! Each year AFG honours the top brokers throughout Australia and this year Simplify Finance had a double win! I’m so proud of this team – this business is only just…

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