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Loans and Mortgages
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21.01.2022 St George Bank has slashed its lenders mortgage insurance (LMI) charges to just $1 for qualified first home buyers borrowing up to 85 per cent of the property value - on principal and interest repayments - with a maximum loan size of $850,000 on a $1 million property.... *p.s this does not mean servicing criteria changes for the better * there may be other T&Cs speak to people in finance
10.01.2022 Government will extend JobKeeper by 6 months to 28 March 2021. KEY POINTS: JobKeeper will continue to be available to eligible businesses (including eligible business participants) and not-for-profits until 28 March 2021.... The fortnightly rate will be reduced from $1,500 to: $1,200 from 28 Sep 2020 to 31 Dec 2020 $1,000 from 4 Jan 2021 to 28 March 2021. Lower rates will apply to employees and eligible business participants who work fewer than 20 hours per week: $750 from 28 Sep 2020 to 31 Dec 2020 $650 from 4 Jan 2021 to 28 March 2021. Eligible businesses will have to suffer the requisite decline (no change to percentages) based on actual GST turnover (rather than projected GST turnover) to remain eligible: From 28 Sep 2020 to 3 Jan 2021, based on actual GST turnover in both the June and Sep quarters 2020. From 4 Jan 2021 to 28 March 2021, based on actual GST turnover in each of the June, Sep and Dec quarters 2020.
04.01.2022 We wish you all a happy, healthy & prosperous Diwali.
01.01.2022 https://www.smh.com.au//stamp-duty-paused-for-nsw-first-ho
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