Insignia Finance in Cottesloe, Western Australia, Australia | Financial service

Insignia Finance

Locality: Cottesloe, Western Australia, Australia

Phone: +61 438 637 783

Address: Suite 40, 460 Stirling Highway 6011 Cottesloe, WA, Australia

Website: http://www.insigniafinance.com.au

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25.01.2022 this election will cost me...Netflix & Apple TV bill soar with politics and master chef on TV

24.01.2022 3.37% fixed for three years!!!! Not a term deposit rate!!!

22.01.2022 I have seen it before but its worth another look. "How to Get to Mars. Very Cool ! https://www.youtube.com/embed/XRCIzZHpFtY?rel=0

22.01.2022 CBA first out of the blocks with a 0.13% reduction

21.01.2022 Just been reviewing some business forms & realised that it is five years since Insignia was formed on my dining room table. We now handle quite complex residential and commercial banking scenarios assisting a wide range of client so...I guess...happy birth/formation day to me :)

20.01.2022 Some points follow from the coal face. Initially finance brokers were paid only an upfront commission. This led to churning, so the change was made to an upfront (0.60% + GST) plus a trailing (0.15%+GST) commission with clawback arrangements on a reduced upfront commission. Very good move. There is little or no variation across all lenders, so it is hard to see any undue influence on recommendations. Good level playing field. The trailing commission enables brokers... to provide service with potentially no payment because an application may not be appropriate or successful. This is fine because the trailing commission means you can keep the doors open. Also, those with limited means have very good access to advice in an increasingly complex area. Very few other service providers offer free time with clients. If the trailing commission is not paid to brokers can the banks guarantee it is passed on to consumers? If ongoing trail is considered to be money for nothing will monthly bank account keeping fees by removed. A significant amount of credit today is provided by lenders other than the big 4 and their subsidiaries. Brokers provide distribution for the non-majors which significantly increases competition. Bank share prices have risen on the back of the RC recommendations for two reasons, o reduced competition and o the prospect of a new revenue stream from the proposed consumer pays loan application fee. If the consumer is to pay an application fee commensurate with the true cost of writing that loan this raises two questions; o will the interest rate be reduced accordingly as this is how that cost is currently recovered and o how do you explain the cash and cash-like incentives banks (mainly majors WBC $2,000, Bankwest $1,500) offer customers to apply with them or refinance existing loans to them? A quick search of the web indicates that Australia has been trying to reform the banking sector from as far back as the Joseph Lyons government. We appear to now have a structure which passes muster with ASIC, the Productivity Commission and, most importantly, the consumer. Which is not to say we need to constantly review and improve. Thanks for reading See more

20.01.2022 The RBA left the cash rate at 1.50% today which in and of itself is not at all surprising. What is a surprise is the number of forecasters expecting a rate cut. No one was calling for a lower rates six months ago so this is quite a change. If you cant sleep, call me on this, I can guarantee to put you to sleep :)

19.01.2022 Commonwealth Bank has today announced a package of support for all home loan customers. This package includes the option to defer Home Loan repayments for up to 6 months, with interest capitalised. In addition, for the customers you support theres a few options available. This includes accessing their redraw facility, considering a repayment holiday, reducing repayments to the minimum monthly repayment amount, or applying to change their repayments to interest only payments. Should customers wish to seek deferral of Home Loan repayments this can be sourced online at commbank.com.au/coronavirus.

18.01.2022 just back from the 2016 Variety WA 4WD trip through the Pilbara. Raised $180,000!!!! Congrats to all involved.

18.01.2022 2.84% fixed for three years....SHUT UP AND GIVE ME YOUR MONEY!!!!

18.01.2022 June 22nd...days start to get longer. Bring on summer

17.01.2022 The first column under the heading ‘8-Apr-20’ has market reference interest rates for terms out to 5 years not one is over 1%...extraordinary times indeed!

15.01.2022 Home loan interest rate 2.99%!!! Where to from here? Call me if of any interest.

12.01.2022 China reported no new cases of coronavirus due to local transmission for the first time since the crisis emerged.

11.01.2022 Nothing like a bit of skiting. There is really too little these days :) Customer satisfaction is strong: More than 96 per cent of mortgage broker customers are either satisfied or highly satisfied with their broker, according to Momentum Intelligence. Complaints are almost non-existent: Looking at five months of data from the Australian Financial Complaints Authority (AFCA), of the 29,873 complaints made to AFCA between 1 November 2018 and 31 March 2019, just 90 (0.3 per cent) related to mortgage brokers.

11.01.2022 On the road again for the kids. West Kimberly this year

11.01.2022 Dear All, heading off on the Variety trip on May 25th. Anyone with an interest in a tax deductible donation please let me know and I will send your the necessary. I always hate asking but Variety is nearly always a last resort for the kids we help so your support does make a difference...thanks for reading

10.01.2022 I have been asked for bank account details for the Variety donations...please PM me if you need it

09.01.2022 What is normal...definitely not my sense of humour! Had an interesting conversation with someone who had a loan for a residential property in London, they recently reset the fixed rate at 2.45%...this was up from 0.99%. So when pundits say rates are abnormally high, or abnormally low...I wonder?

06.01.2022 I dont have details. But this headline alone is amazing!!

06.01.2022 Im constantly amazed at the deals on offer from lenders these days. Competition among the banks is alive and well so make sure youre getting the best deal...

05.01.2022 RBA cuts by 0.25% to 0.50%. Westpac to pass on in full

05.01.2022 The first column under the heading 8-Apr-20 has market reference interest rates for terms out to 5 years not one is over 1%...extraordinary times indeed!

04.01.2022 3.30% for a home loan...I have to admit, I email to check, then I rang to double check...!!!!!

04.01.2022 the trickle of rate reductions continues...amazing to see interest rates roughly equal to the cash dividends paid by the banks...

03.01.2022 The Governments Stimulus Package announced on Thursday 12 March 2020 is targeted and temporary. Read the full Media Release here: https://www.pm.gov.au/media/economic-stimulus-package It is focused on keeping Australians in jobs and helping small and medium-sized businesses to stay in business.... I hope everyone is taking necessary precautions according to the health department and staying healthy during the outbreak, if you require assistance, or are financially stressed, I am only a phone call/email away!

03.01.2022 How will the ATO is assisting you through COVID-19 Outbreak? The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak. I recommend my clients run their business & personal budgets immediately to identify any cash deficiencies in the near future, and to work out a plan to reduce the cash deficiencies if possible. ... If the deficiency will cause financial distress, options available to assist businesses: - Deferring by up to four months the payment date of amounts due through the business activity statement (including PAYG instalments), income tax assessments, fringe benefits tax assessments and excise. - Allow businesses on a quarterly reporting cycle to opt into monthly GST reporting in order to get quicker access to GST refunds they may be entitled to. - Allowing businesses to vary Pay As You Go (PAYG) instalment amounts to zero for the March 2020 quarter. Businesses that vary their PAYG instalment to zero can also claim a refund for any instalments made for the September 2019 and December 2019 quarters. - Remitting any interest and penalties, incurred on or after 23 January 2020, that have been applied to tax liabilities. - Working with affected businesses to help them pay their existing and ongoing tax liabilities by allowing them to enter into low interest payment plans. Note: employers will still need to meet their ongoing super guarantee obligations for their employees.

03.01.2022 "Numpty" is a word I have recently embraced, mainly because it feels good when I say it and partly because it does not get the attention it deserves. Today I realised I am one! Just reviewed what I am paying for insurance on three cars and, as an after thought, checked to see if my broker services included general insurance. Result annual saving of ~ $1,000!!!... Its only taken me 2 years to twig to that:( I am able to arrange similar if of interest, give me a hoy.

03.01.2022 Our view of the economy is always in the rear view mirror...banks are now flat out processing loans with turn around times out several days before they look at an application...this may be a peak into the future after the recent election has sprinkled some positive dust on people

02.01.2022 I don’t have details. But this headline alone is amazing!!

02.01.2022 The Australian Banking Association (ABA) has made official its approach to credit reporting through the COVID-19 crisis, with the primary driver of its decision being alleviating stress for Australian customers. Borrowers who are granted a six-month deferral on loan repayments will not have their credit rating affected as a result of the holiday, so long as they were up to date with repayments prior to the economic impact of COVID-19. If a customer is granted a deferral on their mortgage and other credit products because of COVID-19, banks will report customers as not having missed a repayment, provided they were all up to date when granted relief, explained ABA CEO Anna Bligh.

02.01.2022 For young adults living with disability an opportunity exists to own a freehold home in historic housing project in Craigie with 24/7 on-site care. In conjunction with Landcorp, Liber Victus Pty Ltd is to deliver one of the first age appropriate residential facilities of its kind in Perth Copy the link below into your browser for a fly through experience.... https://drive.google.com/open

01.01.2022 The Government’s Stimulus Package announced on Thursday 12 March 2020 is targeted and temporary. Read the full Media Release here: https://www.pm.gov.au/media/economic-stimulus-package It is focused on keeping Australians in jobs and helping small and medium-sized businesses to stay in business.... I hope everyone is taking necessary precautions according to the health department and staying healthy during the outbreak, if you require assistance, or are financially stressed, I am only a phone call/email away!

01.01.2022 Just in on the news feeds....let the fun begin!! ANZ and Macquarie Bank have reduced their home loan rates by up to 60bps, with changes across both lenders effective from 10 May.