FinAus Mortgage Broker in Sydney, Australia | Mortgage brokers

FinAus Mortgage Broker

Locality: Sydney, Australia

Phone: +61 432 086 457

Address: 139 Cadda Ridge Drive 2747 Sydney, NSW, Australia

Website: https://finaus.com.au

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24.01.2022 Australia under a debt of $395B. Every time we had these issue we brought special levy on ordinary workers. Our Corporate are contributing their fare share but it is ridiculous to see how Global Teach Firms ripping off us without any shame. * Tech giants Apple, Facebook and Google paid a record $216 million in company tax after raising more than $11 billion in revenue from their Australian customers, * The nation's largest taxpayer in 2018-19 was miner Rio Tinto. On $36.2 bil...lion of revenue it declared $15.1 billion in taxable income and paid $4.3 billion in tax. * The second largest taxpayer was BHP Billiton group, which had revenues of $43.1 billion and a taxable income of $16.3 billion. It paid $4.2 billion in company tax, a $700 million increase on the previous year. * The Commonwealth Bank, the largest taxpayer over recent years, paid $3.3 billion in tax on revenues of $43.3 billion, $1 billion less tax than the year before. * Next three big banks - Westpac ($3 billion in tax), NAB ($2.2 billion) and the ANZ ($1.6 billion) - were also among the 10 largest taxpayers. * Fortescue Metals Group ($1.7 billion) and Wesfarmers ($890 million) follow them. Nation can charge special Levy on Tech Giants on Income they take from here. Start Early to Fix the Potential Pain in Future. See more

23.01.2022 2020 Winners in property circle......

21.01.2022 More and more people I am coming across saying they won't invest in Sydney anymore. * How many people can afford $M dollar Property * NSW losing huge number of people due to inter-state migration and lot more reasons. Like every investment asset and Cycle, you can expect changes but still SYDNEY has lot more to offer. Jobs, Overseas Migration, Service Industry, Tourism etc.... Remember Sydney prices grew at an average annual rate of 5.4 per cent in the years between 1990 and 2020 and in next 10 years, this is what they are expecting from few of our best suburbs., Now I understand we can't go there but Domino affect will raise the value of everything else. That is one reason, Government does not seems to be worried about exorbitant price rises of Sydney. Rest no one know about future but opportunity still lies here for decent Growth. See more

20.01.2022 At least some one is putting sense in people's mind that own house is not everything. If you can't buy own place for living then nothing is wrong with that. Your circumstances should decide what you need to do. There are so many other options to invest and grow. Main concern should be financial growth not whining about rates, prices, affordability. IF IT IS OUT OF YOUR HANDS. IT DESERVES FREEDOM FROM YOUR MIND TOO. Under General Advice, Focus on other and alternative Investme...nts with through research and advice. * Take Shares * Take Rentvesting * Use Pooling to Invest * Invest in Gold * Extra Contribution to Super * Purchase under SMSF Million More Options. Buying own house is not something should be so proud of. Ditch the Renting Shame. I know plenty who are doing far better than Home Owners. Be one of them. https://lnkd.in/gqGD9nx See more

18.01.2022 Location Location Location! How many time we heard this in investment suggestion. on one side, we got investors sitting on properties where they can't find the tenants and other side, some one is offering 4 weeks rent free lease offer and then on the best side we see double digit growth in Price and Rental Income. Never forget time tested ABCD of property investment * Asset Selection * Borrowing Power * Cash Flow Management * Defensive... Mistake with one will affect other and will derail all plans and above all never go wrong with Location? look at result despite all the hell due to COVID. They know what they are doing. See more

17.01.2022 Got the interesting insight about wealth distribution of our country. Now choice is in our hand. We can whine about Capitalism and say things like "Lack of Money is root cause of all Evil" With opposite thought, I believe "The money you have gives you freedom, The money you pursue enslaves you" Then comes the investment advice... "Don't stay in Bed, Unless you can make money in Bed" One thing is sure from this picture that is after drugs, crime and other illegal stuff, maximum growth is in Real Estate so Follow the time tested strategies of property investment and diversify investments into Shares and Supers. No Personal Advice. Take Professionals on your side. Any suggestion on any kind of lending, I am here. Cheers. See more

13.01.2022 This is just a small request to all the SMSF advisors. Please write big warning on your advice for all these investors. I don't think they are doing right thing with their investment plans. This is my 3rd or 4th case of the month where people got property under SMSF and close to 100-250K in SMSF cash account with one of the BIG 4. Question ; How much they are earning on that investment?... Answer = .35% or less than .5% No personal advice but seems like 30% of the investment in their portfolio is DUD investment. intentionally or unintentionally they are losing huge. I received my statement and my super gave me double digit return in last 6 months. How much these people earned on 200K balance is less than $700 while my one got 11K. They got no idea about opportunity cost of this plan. Yes Property may be performing well but you can't ignore that much money under SMSF. Got another client sitting at $67k loss in his Share Portfolio. Working in Correction office and investing in Lithium Stocks. You are kidding me. Please give advice with WARNING. This is not SMSF advice for anyone. Remind them Bok's Law: If you think education is expensive try ignorance. https://www.moneymag.com.au/ask-paul-550k-smsf-making-23-a-

11.01.2022 NOT EVERY STORY got HAPPY ENDING. Wish Customer are more protected but that is not the case. 1. Client request = Refinance residential loan and release equity as Business Loan for new shop. 2. Broker’s Action = Did not write the loan but just referred the deal to Business Banker in the BANK and walk away with referral’s commission. 3. Business Banker of the BANK = Refinanced everything under commercial loan term. Refinance residential loan into commercial loan. 4. AFCA Respon...se = Client signed the contract so they cannot do anything. Decision in favour of the Bank. HOW can you blame client when bank staff did not do right thing? Spent an hour to make them understand what is wrong with Bank's action but I Failed. 5. Result = Client supposed to pay less than 2% for residential loan end up now paying 3.55% . Residential loan with Major is close to 1.79%. This client will pay almost double the rate if they do not fix this issue. 400K residential loan, this will cost now $7040 per year extra Interest which he is already paying from last 4 years. Some time, Everyone will fail you in their line of duty and you will suffer forever. BEWARE not everyone know what they are doing or in your favour. Hate these stories but they are FACTS for me. #mortgagebrokers #Banks #businesscapital See more

08.01.2022 Loyal client of a Bank is counting his losses with my review under BID. * Option 1= Residential fixed rate 1.99% 3 years with option of redraw. Investment rate 2.24% 3 years fixed Interest only, Loan 1 1M 30K = rate saving is 1.9% so saving on interest will be $19570 per year Loan 2 260K = Rate saving 1.64% so saving on interest will be $4264 per year Loan 3 850K = Rate difference is close to 1.62% depending on split so saving will be $13812 so total per annum Saving will be ...$37646.00 per year * Option 2. Bank = Residential 2.05% with 100% offset account and investment 2.55%. 100% offset on fixed rate. unique in the market. You can contribute as much as you want in offset account 1M 30K = 1.84% saving so $18952.00 260K = 1.34% so saving close to 3484 850K = 1.34% so saving 11390 Total Saving = $33826 * Option 3. With Cash Back = $6000 cash back 1.94% 4 years fixed rate and 2.04% 2-3 years fixed rate with Variable 2.54% and investment rate fixed rate 2.69% IO. 1M30K = 1.85% saving = 19055.00 260K = 1.2% saving 3120.00 850K = 1.2% saving so 10200.00 saving Total saving = $38375 including cash back for first year and $32375 from second year. ASIC wants Brokers to Do this but Banks got no obligation. What more you want to prove that you will be looked after by your Broker? See more

06.01.2022 Insights from research is something I encourage to every borrower. I know past performance is not a guarantee for future performance but it can give you some idea about the reason and factors driving the prices. For Successful portfolio, you need both Capital Growth and Cash Flow. Although I am a big fan of multiple dwelling on one title but sometime it is hard to find. Sharing best performer of the decade for all to Research now. one thing you can see for sure is that not all investments should be in same state. Also no point in investment 1M in one property when you can potentially get 2-3 in different better performing suburbs. rest that is my opinion and no personal advice. Below Link got information about all the states in case you prefer to invest in your state only. https://lnkd.in/gAV7r9c

05.01.2022 I am big supporter of Diversification and totally against invest and forget approach. Just come across an example which show what savvy investors were doing while other were worrying about pandemic, social media, politics and religions. Look at the return of top performers on ASX in last 6 months. Open your mind to new investment options. Please don't just buy speculative stocks without proper due diligence. Also we can't be perfect in every investment option so take honest and experiences professional on your side. Also remember the old adage; "Show me your Friends and I will show you your Future". Choose your network wisely.

03.01.2022 Chief Economist of Realesate has summarised the whole industry in a very precise way. Learn from past and plan for future. Read where Money is flowing now for Property. NSW: Working on Stamp Duty Waiver or pay in instalment. VIC: Home buyers will save 50% in stamp duty worth up to $27,500 (on a $1 million property) for new builds and 25% worth up to $13,750 when purchasing established residential properties. $5.3B for 12000 new homes. 50% land tax discount for build t...o rent developments. WA: 20K grant for new homes and 75% off the plan stamp duty rebate scheme along with 25K home builder rebate from Federal Government. I never saw someone getting $45000 for free. Best Part with WA policy, There is no Mean testing and NO CAP on property value. ACT: The ACT is already phasing out stamp duty and replacing it with a broad-based land tax, over a 20-year transition that began in 2012-13. SA: Four-year infrastructure spending program, included a $782 million investment in residential housing NT: The homeowner discount provides up to $18,601 off stamp duty for eligible people buying a house valued up to $650,000, while there is a $10,000 concession for concession cardholders when buying a principal place of residence for up to $750,000. https://www.realestate.com.au//the-winners-and-losers-of/|slot_4 See more