Murray Jackson in Perth, Western Australia | Financial consultant

Murray Jackson

Locality: Perth, Western Australia

Phone: +61 400 592 770

Address: Level 2, 116 Roe Street 6003 Perth, WA, Australia

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

Likes: 92

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• Property
• Loan service
• Mortgage brokers
• Financial consultant

25.01.2022 It's a No Surprise Tuesday. The Reserve Bank has left the official cash rate at 0.25%. In other news, an additional 10,000 placements in the First Home Loan Deposit Scheme was announced over the weekend so its a great time as a first home buyer to stop renting and dip the toe in the mortgage pool. For more guidance, you know what to do. Dial 0400 592 770 and speak directly with me.

24.01.2022 Hi folks, As you can imagine I've had numerous enquiries related to what people have seen announced by banks last few days and also with respect to people's personal circumstances. Here's a couple of matters that are recurring themes from the enquiries I've had which I thought we'd share some info on;... A lot of people are contacting me to see if they can switch out of their current fixed rate contract into the lower rates announced by banks recently. At this time, Banks are not deferring their right to charge prepayment cost where anyone breaks their fixed rate prior to the date of its maturity. I am happy to do a cost/benefit analysis for anyone seeking to exit their fixed rate contract early however it is likely that the cost to exit will exceed the benefit you'd receive by breaking that rate in the majority of cases. Anyone seeking to get an indicative break cost figure should contact their bank and request same and feed that back to me and I can do the math to outline whether it would be worth your while or not. Please consider carefully whether you need to access hardship provisioning before seeking same and accepting terms in that regard. Remember, interest WILL still accrue on your loan - this is a repayment arrangement for a specific term, not a wholesale deferment of your obligations under your loan contract. Listen to what the bank advises as regards their expectations for catching up those repayments in due course - they may want you to increase repayments at the end of the hardship term so make sure you understand what it is you are agreeing to. They may grant an extension of loan term but even that could have ramifications for you as regards retirement planning. By all means, gather that information and feel free to discuss with me before committing. I will be happy to provide general advice. If you are able to continue meeting your repayments meantime from savings or from income, it may well be in your best interests to do that rather than entering into a hardship agreement with your lender. That's it. Best of health everyone

24.01.2022 Is it frivolous to say this is one of my favourite days of the year?

23.01.2022 What's close to your heart? (other than your ribcage). What charities do you support, or volunteer work do you do? Mel and I feel blessed to have a good life and pretty good health. We want for very little, and we are acutely aware that others are not so privileged. So when the good folks from Guide Dogs Australia came knocking, it was a no-brainer. We have been sponsors now for over two years and love to think our donation goes toward improving the lives of others.....plus ...we get adorable puppy pics every now and then in the maiI. It takes so little to make a difference and whilst we can't take on board any more furry friends in our household, we can add some to others. https://guidedogsaustralia.com/

22.01.2022 Some of you will be aware that away from work I do some acting - nothing too serious. The year before last I did a series of Radio plays called Atlantis - a futuristic under the sea science fiction series directed and written by my good friend Stephen Platt and with a talented cast of performers and crew. Stephen has banged together a topical Coronavirus related episode and we all recorded our bits via Zoom which Stephen has edited together. Given its as much a public health ...announcement as well as being a bit of entertainment, I thought I'd share it with you all. Here is Atlantis - the COVID19 edition https://www.atlantisradioplay.com/listen-online See more

21.01.2022 "I suggest a new strategy Artoo. Let the wookie win!"

21.01.2022 Home builder Stimulus Package - whats that all about then? Heres the skinny. Since filming this, Ive had some indication that the income limits are based on taxable income and not gross income

21.01.2022 Good morning all, it's been too quiet in this page but that is simply due to having been smashed with enquiry this past few weeks and a fair bit of it around the state and federal government's home builder incentive schemes. By now, most of you will be attuned to the fact that, subject to certain conditions, there is the capacity to tap into $45,000.00 worth of grants for non First Home Buyers and an additional $10,000.00 for First Home Buyers under the existing First Home Ow...ner Grant Scheme. What many of you may NOT understand is that the Home Builder grants ($25,000.00 federal, $20,000.00 state) are not something that can be considered as part of any potential deposit/equity stake in a project. That means that without you having equity in an existing property or the availability of a family guarantor, you still need a deposit of your own. Why can't the grants be considered as funds to go into the project? Quite simply, two reasons; 1) The grants aren't payable until construction has commenced and on any project, whether it be building or renovation, your money must go in first. Clearly this can't happen when the grants don't come through until after construction commences. 2) More importantly, and to the point, the grant is applied for by the homeowner, not the bank, and is paid directly to the homeowner, and not the bank. So, the bank has no control over where you put those monies. You could well buy a car or a Harley or a new spa, and there is nothing the bank could do. Without control over the application of those monies, they can not be taken into account when looking at the finance side of things. So, the blanket rule at this time is "the grants are lovely, but they do not come into consideration when we're putting the finance together". As to how much deposit of your own you'd need, that can differ from client to client depending on what funders we can access for each so best to talk to your local broker (that's me), and we can set you straight. Here's a handy state government website link that talks about the state grant but also provides a link to information on the federal grant as well. I have no doubt this is a topic we'll return to. Have a great week all https://www.wa.gov.au/g/announcements/building-bonus-grants

20.01.2022 Today is National Kale Day (honestly, who comes up with this stuff?), but this is far more palatable

20.01.2022 Good afternoon all, I had a really good article on household expenditure and how this can affect borrowing potential to share with you all but Facebook's content bot found something offensive in it - what exactly?, i don't know, very good question. It was an article on household expenditure and not an essay on the life of Lucrezia Borgia after all, but there you go. So, here we are, here's a meme to get you thinking about using a broker instead. Facebook has no problem with memes.....just useful information.

19.01.2022 Times are tough at the moment and it would be easy to lose focus. Here is the Monty Python team reminding us all to stay positive as we head into the weekend. Sing along https://www.youtube.com/watch?v=JrdEMERq8MA

19.01.2022 This month's Haven online magazine is out and about. https://send.afgonline.com.au/preview.html

19.01.2022 Did someone say its National Wine Day?

18.01.2022 We're building something amazing here at Finext. A great result in a tough year but also, in a way, unsurprising as I work with a team of superstars. Congrats to Josh and Cheryl for making the Top 20 and I know the rest of us kicked some great goals this past year as well so big congrats to all the other brokers and support team. Thanks also to Alex and Ash for their awesome work in our marketing.

18.01.2022 Big news for those building. In addition to the Home Stimulus package announced by the federal government last week, we now have another $20,000.00 grant, non means tested, announced by the state government today. https://www.watoday.com.au//helping-hand-for-new-home-buil

18.01.2022 No makeup selfie in the home office. Brutal morning workout with Nicci Carmody - fitness coordinator guru - highly recommended folks. Now its first coffee time and into the guts of the day after a shower. My assistant is still in bed as you can see

17.01.2022 It's good news week....

16.01.2022 The Finext team celebrates end of financial year. Fantastic to welcome Jeremy Wealleans on board. The team definitely needed more kiwis and someone for me to talk about Gods Game (rugby union) with. Jeremy comes to us with a wealth of experience from his time in management at Australian Financial Group. With his skill and experience in cementing business relationships I think we're going to be very, very busy If we look relaxed and happy its because we kicked huge goals thi...s year in a very difficult environment. Besides, as a wise man once said, meetings are for losers, parties are for winners! Bring on the 2021 financial year - were ready! See more

15.01.2022 We're all about positive feedback

14.01.2022 It's a "I wowed-em Wednesday"

14.01.2022 Wishing everyone a happy and safe Easter.

14.01.2022 It's just hit the 25th anniversary, in the last two weeks, of the release of one of my true "guilty pleasure films" - Clerks. This was the go-to flick in the mid-nineties, full of savage one-liners, witty dialogue, engaging characters, and the cool vibe of the slacker generation. Now it gives me an excuse to use it as a an opportunity to assure you "we're open". You may not be buying a house right now but your finance could probably do with a tune-up. Let me give it the once over, iron out the kinks, and get it snazzy again

12.01.2022 Good evening all. Couple of things to share. Firstly, the Reserve Bank met today and kept the official cash rate at 0.25% for a further month. Does that mean we're in for a period of consolidation when it comes to interest rates? Good question - let's keep watching. Secondly, I've had a fair amount of inquiry lately from people looking to use funds they've accessed from their superannuation as deposit funds toward purchase of a property. Let's talk about that. The governmen...t provided people who had suffered a downturn in employment/income with access to $10,000.00 in the 2020 and 2021 financial years to assist with meeting living costs so it could minimise the impact of any hardship they were under as result of COVID19 impact. That was the idea anyway. In general, financiers are frowning on the use of super funds as forming part of any deposit for a home purchase. Here's some general advice; 1) Under no circumstances will those monies be considered as part of meeting minimum deposit requirement or what is known as 5% genuine savings. Generally speaking most banks require you to present evidence you have accumulated from your incomes the equivalent of 5% of purchase price over a period of no less than 3 months. There are some variances to this rule (e.g. satisfactory rental history can suffice in lieu of savings through income and the minimum 5% can come from other sources such as gifts, sale of assets, tax refunds, etc) however, the hard and fast rule is drawing on super will not be considered. 2) Some banks will not even allow super funds to be used in support of that minimum 5% requirement even if only to reduce the amount borrowed. 3) Some will allow it to be used to reduce the amount borrowed but only in support of demonstrated evidence of having met the 5% genuine savings requirement In summary, the banks are taking a jaundiced approach where there is a hint of super forming part of the deposit. For the final word on what can and can't be done (because in finance there are no generics) please do call or email us and we can determine where you stand. In the meantime, if you've pegged all your plans on purchasing a property with that early redeemed super, it may be good to start thinking of another plan. Have a great week all.

11.01.2022 BREAKING NEWS No change to the official cash rate which stays at 0.25% Sales activity in Perth has really ramped up in the last month or so since COVID19 restrictions were eased and we are seeing activity in all sectors - First Home Buyers, those who seek to build, Investors, and those looking to upgrade.... There are some jaw-dropping deals out there in the market right now so even if you're not looking to buy or build afresh, dust off that last bank statement and if that interest rate looks like it needs tweaking, touch base with me and let's tune it up.

10.01.2022 Today is International Nurses Day. I have many health service providers in my clientele and a ton of them are registered nurses. Having had to avail myself of their care in the past, I am in awe of their dedication, professionalism, selflessness, and sheer hard work. Can you imagine how scary it must have been these past couple of months for those in intensive care, going to work and knowing every day you put yourself at the risk of exposing yourself to the dreaded Covid19? Hats off to all you heroes whether you be registered nurses, nurse aides, psych nurses, midwifes, or anyone else in the nursing profession.

10.01.2022 Here;s my friend Jodie selflessly helping others as she does all the time. Join me in denoting to a worthy cause. For the finance message in this, your contribution is TAX DEDUCTIBLE!! Well done Jodie

09.01.2022 Helping a lot of people with tuning up there home finance. Perhaps it should be called Tune-Up Tuesday?

08.01.2022 Remember folks, I'm here for the journey. If your home loan is causing you angst, share that with me and we'll see what can be implemented.

07.01.2022 I've had two coffees, had a workout session with my fitness coordinator, and sat through a COVID19 update. Come at me with your home finance enquiries - I'm pumped!!

07.01.2022 I think this is appropriate for any of us who have become couch surfers.

06.01.2022 My fame has spread to the interweb https://www.ratemyagent.com.au//reviews/1-grant-st-duncrai

06.01.2022 The latest CoreLogic WA Housing Trends report is out. In summary, whilst the progress and upswing in the WA market stalled with COVID, it has bounced back strongly post lockdown. Investors are looking at good rental returns on their property portfolios and sales activity is strong. Please take any grim forecasts for the housing market that you may see in the general media with a pinch of salt - they are often eastern states-centric and usually contain next to no content pertinent to our local market, usually focusing on trends in Victoria and NSW. We are headed toward an extremely diverse National housing market where there is little congruity state to state.

05.01.2022 A big-up to all the mums out there. Have a great day and make sure you insist on being waited on hand and foot. You deserve it

04.01.2022 Good afternoon all, For those of you who are budding First Home buyers, were you aware that the federal government's First Home Loan Deposit Scheme can free you of the curse of Lender's Mortgage Insurance cost? You still need a 5% deposit and there are restrictions on purchase price ($400,000.00 in Perth metro area) but this scheme can save you thousands of dollars in loan associated cost. We have lenders with places available under the scheme and we're keen to fit people in... where they qualify. For more information, please see the following link or do contact me for more detail https://www.nhfic.gov.au/what-we-do/fhlds/ See more

04.01.2022 For "Diamond" service, you should be using this "gem" for your finance needs

04.01.2022 Testimonial Tuesday. Here's the latest endorsement ... #makeithappen #finext #perth #testimonial #tuesday #perthmortgagebroker #perthbroker #budget #planner #help #lovehelping #clientsarenumberonerealestate #realtor #refinance #mortgagelender #homeloans #mortgagerates #loanofficer #mortgages #firsttimehomebuyer #homeloan #realestateagent #home #finance #mortgagelife #mortgagetips #broker #mortgagespecialist #mortgageagent #mortgagebrokers

03.01.2022 Spent the first hour of my day pretending I can run. West Australian Marathon Club 10km event. This is me and my friend Michael with our we love running faces on

01.01.2022 Thought for the day

01.01.2022 I probably shouldn't limit myself but I plan on doing at least 3 amazing things today.

01.01.2022 Its retro-eighties day in the office. Im wearing my Empire Strikes Back t-shirt. Im rocking my 80s no frills hair, Im wearing glasses (although this set is brand new - thank you Knapp Optometrists), and my income may soon head back to those heady days of 1984 when yours truly started his first day at Westpac Banking Corporation on the magnificent remuneration of $7,000 per annum. Going to be watching some Cheers while I build an application and may listen to a little Talking Heads, Journey, and Def Leppard later on. This day is gonna be rad!

01.01.2022 This past week (27 May - 3 June) has been National Reconciliation Week. This is Ash, our business' amazing photographer/videographer and one half of Ur Media Agency. So blessed to be working with him and his partner Alexandra. This is Ash's story