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20.01.2022 There is much optimism for the 2020 year mostly spurred by the pickup in the Brisbane property market in the later part of last year and continuing good activity in the Sydney and Melbourne markets. This activity has been supported by a decreasing interest rate environment being enjoyed by all mortgage holders particularly those on variable rates. Comprehensive Credit Reporting is now established with any lenders participating. The CCR as it is called can work for those th...at always meet their financial commitments on tie and work against those that are a little sluggish in meeting payment due dates on any regular debt. A borrowers level of debt to income ratio is being applied when assessing finance applications and this ratio varies between lenders. The Government launched the First Home Loan Deposit Scheme on 1 Jan 2020. Contact me if wanting further detail on eligibility criteria. See more

20.01.2022 The Great Reset = The Great Coercion It was Capitalism & Democracy that lifted more people out of poverty into wealthy middle class than any other system. Anyone with an ounce of financial intelligence can see that Klaus Schwab's opinions of a new economic system will not be a fair system for all. For example, if as he suggests, you'll own nothing but rent everything. Who are you renting from? - those at the top that will own everything. And who is you? - it is not Klaus Schwab, not government officials & not big business. You is the masses & that is Pure Communism with an elite ruling class that overseas all things.

19.01.2022 Wikipedia has been a great useful tool providing solid knowledge. Donate if you can as they are a voluntary organisation providing a free service, thank you

17.01.2022 IF YOU ARE TIRED OF THE CORRUPTION AND INJUSTICE THEN ATTEND THE ZOOM MEETING BELOW TOMORROW FRI 20TH 7 PM SHARP. YOU CAN MAKE A DIFFERENCE BY BEING A PART OF T...HE SOLUTION. FRIDAY 20/11/2020 Topic: Australia One - A1 Supporters, NSW, ACT, Tasmania with Riccardo Bosi Time: Nov 20, 2020 07:00 PM SYD, HOB, ACT Join Zoom Meeting https://zoom.us/j/94517087810 Or if the above link is not working: Meeting ID: 945 1708 7810 Passcode: 439620

16.01.2022 Banks responded quickly to Covid measures put in place by government by allowing borrowers with home loans to defer payments on their mortgages for up to 6 months. This allowed many property owners the breathing space to sell their properties under non stressful situations. Property values held in Qld with valuations coming in as expected on the sale of established properties as well as construction lending. Such a different situation from the post Global Financial Crisis ...where all valuations came in much lower than expected causing many applications for finance to fall over. We saw many restrictions placed on lending policy and many of these are still in place. I am happy to see some of those starting to lift therefore soon I will be able to help borrowers I have had waiting on the side lines to purchase their home. Now more than ever a broker is needed to assess your borrowing capacity before even thinking of acquiring a mortgage. Interest rates are still low at the 2 3 percent mark and this will remain as is for quite some time as the road to recovery will be long. Many people are still existing on reduced or nil incomes and my heart goes out to all. See more

15.01.2022 An update on the situation in finance land as lenders are on the move with lowering interest rates by .25% across most variable rate products and some fixed products in not only an effort to win business but also to help stimulate the economy by putting more money in your pocket to spend. It has been a particularly trying year with the flow on effects from the bushfires but also the threat of the coronavirus slowing world economies. Australia will feel the effect as our ann...ual trade exports to China reached 149.61 billion and they are our largest source of tourists. Josh Frydenburg will need to come up with some good financial stimulus packages to keep our growth where it was before these environmental disasters took hold. Most countries will overcompensate with stimulus packages to ensure a good comeback after the Coronavirus threat has been maintained. In the meantime expect variable rates to stay low and property prices to improve. Contact me for a free assessment on your current lending, new lending or motor vehicle finance See more

06.01.2022 Discipline is an essential tool to paying down extra debt

02.01.2022 SpeakUp4Water Convoy a Success. Farmers to get water allocation for Next Years Crop. Keep up the pressure Aussies to keep our Home Grown Food.

02.01.2022 IT'S PEOPLE LIKE THIS THAT DOES OUR INDUSTRY HARM

02.01.2022 Can the Plan rally LIVE!

01.01.2022 Below I have pasted guideline from the Australian Prudential Regulation Authority (APRA). Under normal circumstances should a mortgage holder request a repayment pause for their mortgage repayments this refers to the principal part of the repayment as the interest charge is capitalised on to the loan amount (the amount owing will increase due to accumulating interest) this was then noted as being in arrears on your mortgage which presented problems when wanting to refina...nce. As stated below APRA will be instructing lenders to not note this as being in arrears when under the COVID-19 support package. Most lenders have come forward offering COVID-19 support package for mortgage holders should their income decrease, tenants stop paying rent, business downturn etc brought about by COVID-19. Other measures in the support package include changing to interest only repayments. If the need arises phone your lender to discuss what options are available to you. "APRA has clarified its regulatory approach to the COVID-19 support packages being offered to both small business and home loan borrowers which allow for repayments to be deferred for up to six months. For borrowers who choose to take up the offer, but have otherwise been meeting their repayment obligations until recently, lenders do not need to treat the period of the repayment holiday as a period of arrears. Further, loans that have been granted a repayment deferral as part of a COVID-19 support package need not be regarded as restructured. All authorised deposit-taking institutions (ADIs) will be receiving direct correspondence from APRA advising them of the specific reporting treatment for relevant loans. The ADIs will be required to report to the regulator and make public the nature and terms of all repayment deferrals and the volume of loans to which they are applied Acknowledgement Madison Utley24 Mar 2020 See more