Is our household debt really that much of a problem for us? Which banks are offering the cheapest home loan rates? Why is the industry receiving such alarming publicity? These are the areas of focus in this months snack-sized update – Enjoy!

We’ve got something big today for you while you’re in recovery mode after your Lunar New Year celebrations. We see how our first home buyers are raking it in and then dive into one of the most talked about topics, rates. Are they going up this year or next?

Episode two with Peter Vassilis and Shane Pestonji from Shape Financial explaining to us the four main types of cover in simple language

Numbers are hard enough as it is, you throw insurance or super into the mix and then we've got ourselves a headache. Our very short double-episode series, with Shane from Shape Financial starts today to translate these matters into a language you speak. Episode 1 here, shows how experienced financial planners can find you a simple solution to reduce your superannuation fees, find and invest your funds in an easy way to build that long-term wealth. Enjoy!

Hey Black and Whiter's, as a property owner or as someone looking to get into the market, here’s what you should know in January 2018. Are rates set to rise? How will this rise impact affordability? What are the cheapest rates going around? Where should we invest next? We visit these questions and more in this month’s update. Enjoy!

See what the Black and White Finance team have prepared for you in 2018!

Thanks for being part of the Black & White Finance team in 2017. We’re incredibly proud of this year's achievements. If you’re planning to hit the beach, jump on a boat, drive to the coast or simply enjoy the quieter period around the home, we hope you find the time to at least think about what your new financial goals are in 2018. It doesn’t need to be a perfect plan, at least something that can be executed. Excessive planning can take way too long and sometimes blind us to the situation at hand, causing us to miss really important opportunities. 


 

Where to invest or develop? Isn’t it overpriced? Which banks are offering cheapest home loans or business loans? Welcome to the Black and White Finance update for November 2017. We’ve summarised for you the trending finance and property related topics of the month with a focus on these three common questions.

Welcome to the Black and White Finance update for October 2017. We’ve summarised for you what rates to expect, the market outlook as predicted by the experts, and recent trends in the finance and property market. We look at the main question being asked, are we really heading for a crash?

Industry experts believe Sydney is at it’s peak, with house prices in certain areas plateauing and units potentially being impacted more severely. Some believe that a downturn is on the rise and they may be right for some locations but one thing is for sure, it won’t last forever.

There is plenty of opportunities still.  From our perspective, it is a long-term play and history has shown many plateaus and even downturns. In 1973 we had the Oil Crisis, 1989 the Savings and Loans Crisis, 2008 the GFC, so when is the next major downturn or major upturn? 

Over the past 5 years, those lucky enough to have purchased real estate in Australia have seen their wealth improve considerably. According to the Australian Bureau of Statistics, house prices have skyrocketed by 44 percent across our capital cities since 2012. Leading economists now believe this could all change. 

According to data gathered at the beginning of the year by Credit Suisse, Chinese buyers accounted for 80 percent of the property bought by foreign investors. This week, Chinese regulators formalised restrictions on outbound investments, including the purchasing of overseas real estate, which has been placed on the ‘restricted’ list.

Hope you’ve had a top week, welcoming winter and enjoying the fresh cool air on your face each day. As you know, there have been a few changes in the last few months, not just the weather!

If you’ve missed the changes, we’ve summarised them below for you to keep you up to speed. So, pour yourself another tea or coffee, or save the article for tomorrow morning as we want you to really enjoy the Black and White Finance update. We cover property and finance news/updates/events you absolutely should know about going into June 2017.

We hope you enjoy our 90 second Black and White Finance summary of Scott Morrisson’s Budget announcement. This summary is from a property and finance perspective.

A relative, child, friend or colleague that believes they will never get into the property market because of high prices should have this blog shared with them. This is an educational blog, with a story, on how buying property with low savings and short employment history works using the guarantor technique.

Jason finished studying 12 months before approaching Black and White Finance. He had a full-time job, a few liabilities and $19,000 saved to purchase his first property.

Monique had been working full-time as an executive assistant for a few different employers over the years and similarly, had $21,000 saved. Monique was referred to Black and White Finance by an existing client to purchase her first property.

Both Jason and Monique have now bought a unit each.

To borrow a line from Game of Thrones, 'Winter is coming'! So we've prepared you for the coming months with a market update. Special thanks to accountant Daniel Chiha from Kelly Partners who shares his view from a tax perspective in this short clip. This clip supplements our blog labelled, Black and White Finance update - April 2017.

To keep our family, friends and clients ahead of what is happening in the market see here. Changes to be aware of are...

Using a Black and White palette, see our guide to buying property for value, renovating and the potential tax consequences. 

If you’re a medical practitioner looking to get into the property market, you’re luckier than most really. How you may ask? Well because eligible medical practitioners can obtain loans up to 90% of the property value without mortgage insurance* (hyperlink to Blog What first home buyers need to know), subject to certain criteria.

Buying your first property is an emotional investment, it can be daunting. What is the difference between fixed and variable, what is mortgage insurance, is it better to choose principal and interest or go with interest only? Which lender is tightening up, who is super conservative? 

Whether it be for a home loan to buy your first property, refinancing your existing home loan, the need to fund your construction, a loan for your car or your commercial property, a mortgage broker will provide significant benefits. Why you may ask?