Entries by bundlepr

Shop around to beat the banks’ ‘loyalty tax’

Your lender is relying on you feeling it’s too hard to move your mortgage. When you’re looking at more cost-effective options, look beyond the often-suggested packages to a more basic loan. ed up with paying the “loyalty tax” and watching new mortgage customers get a better rate? It’s time to shop around and make the […]

Eight ways to profit from a falling property market

Cashed-up property buyers with good credit histories are enjoying the best of all worlds as prices and interest rates fall, discounts increase and reduced competition means there is more time to shop around for the best deal. “It’s never been so good for buyers,” says Emma Bloom, a director of buyers’ agency Morrell and Koren. […]

The graph that puts falling home prices in perspective

In one of his last public appearances before he retired from a decade-long stint as governor of the Reserve Bank in September 2016 – what we now know to be approaching the peak of Australia’s property price boom – Glenn Stevens gave a prescient warning. “Prices can fall; they have fallen,” he warned. “I think, […]

NSW to make the biggest changes to stamp duty in 30 years

The Berejiklian government will make the biggest overhaul to stamp duty in 30 years delivering a tax break to future home buyers that will grow over time. Under the changes the seven price bands, or brackets, which determine how much stamp duty is paid by home purchasers will start to rise with inflation from the […]

NSW budget 2018: Winners and losers

NSW Treasurer Dominic Perrottet has delivered an election budget with many winners and almost no losers. Winners Motorists: Regular toll users will get free car registration, saving up to $700 per year. Illegal parkers: Fines cut by 25 per cent. Caravan owners: Registration savings of 40 per cent, or up to $471 per year. Parents: A $150 baby […]

The Sydney councils surging past housing targets

Some Sydney council areas are already pushing past targets for new housing development set only two years ago, prompting the state government to consider new measures to ensure local infrastructure keeps up. In a week in which the national population surged past 25 million, other figures released this week show Sydney is on track to […]

Why it’s worth cutting mortgage costs via cheaper loan

Amy Mylius has saved more than $1000 a month in loan costs on her two investment properties by switching to a new lender after her repayments crept up by more than 100 basis points in 12 months. Mylius, from the inner Melbourne suburb of Fitzroy, watched her rates slowing rising to more than 5 per […]