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25.01.2022 Some lenders lifted rates again this month, independent to the RBA. If you would like us to assess your current mortgage to see if we can save you money and give you peace of mind for the future, please contact us for a no-obligation appointment. Kind Regards Dale Lee... Business Development Manager - Townsville Mob: 0438 779 240 www.npafinancestrategies.com.au

25.01.2022 ANZ relief packages ANZ has announced an unprecedented support package for small business and home loan customers with the potential to inject $6 billion into the Australian economy and assist in the recovery from the current COVID-19 crisis. Customers can find more information, including dedicated contact telephone numbers available from Monday, to their dedicated site on anz.com.... For Home Loan Customers: Decrease variable interest home loan rates in Australia by 0.15% p.a. across all Variable rate indices, effective from 27th March 2020. Introduction of a two-year fixed rate of 2.19% p.a.4 for Owner Occupiers paying Principal & Interest; our lowest fixed-rate home loan on-record Request a deferral of home loan repayments for up to six-months, with a review at three-months, with interest capitalised. For Small & Medium Businesses: Decrease variable interest small business loan rates in Australia by 0.25% p.a., effective from 27th March 2020, resulting in a 0.50% p.a.1 reduction since last week. All impacted customers can request a six-month payment deferral on loan repayments for term loans, with interest capitalised2. Making available temporary increases in overdraft facilities for 12 months. A reduction by 0.80% p.a. to a new two and three-year fixed rate of 2.59% p.a. for secured small business loans up to $1 million3, effective 3rd April 2020. Action: ANZ customers can go to the dedicated site on anz.com for more information. Further information, including banker FAQs, will be provided shortly. More Information Media Release anz.com Note: 1ANZ announced it would decrease variable interest small business loan rates by 0.25% p.a., effective 13th March 2020. 2Interest Capitalisation is the addition of unpaid interest to the outstanding loan balance. The outstanding loan balance increases when payments are postponed during periods of deferment or forbearance and unpaid interest is capitalised. 3Applicants must have less than $1M total business lending with ANZ and must meet ANZ's security requirements. 4Available under ANZ Breakfree from 23rd March 2020 Please email me at [email protected] at any time regarding your personal situation.

25.01.2022 This is an interesting short read on negative interest rates, as a follow-up to my post yesterday. Negative interest rates are a drastic economic policy, with little evidence of any economic success. Whilst this monetary policy initiative could be an option into the future, it would be extremely unlikely. https://www.mortgagebusiness.com.au//14596-rba-maintains-s

24.01.2022 Westpac recently released it's lowest interest rate in 60 years at 3.59%. Many other lenders have followed suit with their fixed and variable rates sub 4%. If you are currently paying in the high 4%'s or more, refinancing could effectively be saving you enough for your annual family holiday! If you want to kick off your New Year by tidying up your finances, message or call us to make a time with one of our Brokers to see if you are in the position to make the change and start saving for that holiday!!

24.01.2022 Do you know your Credit Score? With legislative changes soon to be coming into effect, ensuring your maintain a good Credit Rating is becoming increasingly important. Lenders will use your Credit Score to decide if they will lend you money and what rate you will be offered - so the higher your score, the better the rate you will receive. Your credit score can increase or decrease over time depending on the information contained in your credit report. Your score can change e...ven if your financial habits haven't. Improving your credit rating starts with looking at your current financial situation and looking for ways to improve it. As your financial circumstances improve your credit rating will improve. Getting into a good credit position before you next apply for a loan can help increase the likelihood of you getting approved. If you would like us to help you do a financial health check for you, contact Craig Whaley on 0412 169 554 or [email protected] to make a time to discuss your situation.

24.01.2022 Need more spending money for your next holiday? Then please check with us how you may be eligible for mortgage payment reductions, with 2 year fixed rate interest rates announced today now down to 3.39%. If you feel you are paying a high interest rate and giving your bank your spending money for your next holiday, please contact me in any of the following ways:... Messenger PM EMAIL: [email protected] Mobile: 0412 169 554 Yours in finance Craig Whaley Director

23.01.2022 As expected, Townsville has now been identified as a hotspot for national investors

23.01.2022 Finally, a proposed regulatory move is poised to enable borrowers more access to loans and higher amounts. APRA have announced a proposal to allow banks to set their own serviceability floors. What does that mean in plain English?... It effectively means that at present if you are applying for a loan at 4% interest, banks need to assess your capacity to repay based on it being a minimum of 7%.(effectively meaning that they need to be comfortable that you could afford the repayments at 7%) Banks at present actually use 7.25% to 8% in most cases. Which means less people are being successful gaining finance approvals or are not allowed to borrow as much as they wish to. The proposal is for banks to now set their own floors under the 7% mark, allowing credit pipe-lines to be enhanced. This change in regulation, could open up lending channels quite dramatically as a stimulus to economic and property revivals in towns and cities across the country. Towns such as Townsville, with a currently depressed property market and a percentage of home owners with negative equity, could prove beneficiaries to the relaxing of the current regulations. Buyers will be armed with higher lending capabilities, which could act as a stimulus to current low sale prices being seen in the market. Increased access to credit, offers financial and psychological benefits if used in the right way. As always prudent judgement is recommended, as to not over expose yourself to adverse implications of holding too much debt. For an analysis of your current lending capacity or how these new changes could affect your individual circumstances, please contact me at any time for a chat or to arrange a good time for us to catch up in person. Yours in finance. Craig Whaley Director NPA Finance Strategies

23.01.2022 Talking finance with Coffee at 10.

23.01.2022 Due to the rapid global spread of the coronavirus Covid-19, NPA Finance Strategies has acted in advance of expected TOWNSVILLE clusters. We have been monitoring the situation extremely closely, especially in light of current world events. As such, all staff will be officially working from their respective homes as of today. Please expect minimal disruptions to most normal business practices. Appointments from this time, will now be carried out electronically by Skype, wit...h all other communication channels to remain active. This decision has been made to fully protect our valuable clients, associates and staff from unnecessary exposure or risk as we enter this important phase in the spread of the virus. Financial markets have now entered a bear market for the first time since the GFC. We fully expect AUSTRALIA to now fall into recession as will other countries as this global pandemic starts to intensify. As such, demand for our services to help navigate clients through this extremely challenging climate has risen sharply to the point of saturation. For the short term we can not take on any new business and will notify everyone accordingly once this changes. We would like to take this opportunity to implore you all to be fully researched and informed of the status of Covid-19 with modelling forecasts for the next 7-10 days especially significant, due to the current R0 modelling (pronounced R naught). Whilst it is important not to panic, it is equally as important not to be apathetic to the situation we now face. As both panic and apathy are both equally as dangerous. Please be informed and stay safe. https://www.businessinsider.com.au/coronavirus-outbreak-cou https://news.sky.com//coronavirus-italian-doctor-says-figh https://www.marketwatch.com//world-health-organization-dec

22.01.2022 Life threw single parent Tom a curveball when he was diagnosed with kidney failure. Facing the prospect of early retirement, this brought upon further financial and emotional stress. Thankfully, with ALI Group’s Loan Protection Plan, Tom was able to provide for his daughter and get life back on track. Talk to Craig, Lee-Ann or Chelsea and find out how Loan Protection Plan might provide the protection you’re looking for.

22.01.2022 Happy New Year! From all the team at NPA Finance Strategies. We wish you all the best for the coming year ahead! #Townsville2018

22.01.2022 MELBOURNE Friends: Craig Whaley will be visiting Melbourne on 1st & 2nd April. If you or any of your friends would like to catch up with Craig while he is there and discuss all things finance, give him a call on 0412169554 or message us to make an appointment.

22.01.2022 Misconception: I’m a stay at home parent so I don’t need loan protection. If you were suddenly unable to look after your children due to serious illness or injury and the main income earner took on this responsibility, would your family suffer financially? An affordable Loan Protection Plan is there to provide you with the peace of mind. Ask NPA Finance Strategies about how Loan Protection Plan could help at a time when it matters the most.

21.01.2022 The Reserve Bank of Australia has just announced a rate cut of 0.15 per cent, with the new cash rate at an all time low of 0.10 per cent. This is an all time low for the cash rate in Australia. This is a clear signal of intent from the RBA to do all it can to help Australia’s economic recovery from the impacts of the pandemic.

21.01.2022 The official cash rate has just been dropped to a historical low of 1% by the RBA. More bank rate cuts are now widely tipped, although expect some lenders to baulk and play a cat and mouse game against competitors. Some lenders will cite decreasing margins, so the next week will be interesting. Inflation is still considered too low, so all efforts are concentrated on lifting consumer spending and driving up inflation through monetary policy, interest rate decreases. Should ...fixed rates or variable rates now be considered? How low can interest rates go and how well placed are you to achieve your debt reduction and cash-flow goals? Feel free to touch base at any time for a free review of your financial situation. Yours In Finance Craig Whaley Director

21.01.2022 While the race that stops a nation was running today the Reserve Bank of Australia also held their monthly meeting, and decided to keep the cash rate on hold at a record low of 1.5%. The interesting thing is that even know the cash rate remains steady, last month many lenders lifted their rates again, independently of the RBA. This trend has been going on for quite some time now and the general public may not be aware. If you haven't looked at how much you're paying in a whil...e then it's very likely that you're paying to much. If you'd like to see if we can free up some cashflow for you for Christmas, please contact us for a no obligation financial health check. Kind Regards Dale Lee NPA Finance Strategies 0438 779 240

20.01.2022 ANZ have just announced that qualifying Accountants, Lawyers, Barristers and Judges are now eligible to avoid ‘lenders mortgage insurance’ (LMI), on loans up to a 90% Loan to Value Ratio (LVR). As such, this group join qualifying Doctors, Dentists and professional sportspeople who have access to this benefit. The expectation will now be that other major banks and second tier lenders will be likely to follow suit. Previously as per the general population, the avoidance of a ...mortgage insurance payment was only applicable on loans up to an 80% LVR. As always, NPA Finance Strategies are available to assist you with your lending requirements at any time.

19.01.2022 A government economic policy initiative has been announced today to help stimulate the Australian economy after the Covid-19 induced slowdown. The homebuilder scheme $25,000 grant is available for both owner occupiers constructing a new dwelling and for renovators who are embarking upon an eligible renovation between $150,000 and $750,000.... Please find full details in the link below and contact us at NPA for any further information or to discuss your individual circumstances. https://www.savings.com.au//homebuyers-grant-full-details-

18.01.2022 Interesting figures just released from ANZ show a $10 billion drop in home loan volumes over the last 6 months. This is due to a large extent by tighter lending policy and a falling of real estate values across Australian markets. ANZ now intends to close more branches to reduce costs, on top of the 110 they have already closed in the last decade. Bank branches are now closing at a rate of 15 per month across all lenders. With lending criteria becoming a lot stricter over... the last few years, banks are having to reduce costs to maintain targeted profit margins. What does this all mean for us consumers? Essentially, the closing of branches and the increasing percentage of overall loans transacted through mortgage brokers is tremendous for competition. More loans are able to be transacted by the ‘non-big 4’ banks, which leads to competitive pricing through an increased choice of loan products in the market place. Whilst we wait for the election and the subsequent government policy initiatives, the current system is allowing smaller lenders to gain market share and keeping the ‘big 4’ from having an unfair competitive advantage. As always, please contact us for all your lending needs. From interest rate checks through to commercial lending, asset finance and car loans. Yours in finance. Craig Whaley Director

18.01.2022 Very important read on protecting your home. Unfortunately a large percentage of people with mortgages, don't adequately protect their largest asset in case of personal illness or realise how affordable it can be under a loan protection plan. Remember Loan Protection covers you the borrower not the bank. Not to be confused with Lenders Mortgage Insurance, which is a totally different insurance which covers the bank and not you.... The article below is well worth the read:

18.01.2022 For those with mortgages with non-major lenders. Please find updated relief measures as per below. https://www.theadviser.com.au//40158-non-majors-announce-l

18.01.2022 Great news for Townsville here. Massive injection of government and corporate infrastructure projects in the pipeline. http://www.townsvillebulletin.com.au//59b00f8cb8293716464d

18.01.2022 Unsurprisingly the RBA have left the cash rate on hold at 0.25%. In a week where some economists have speculated that negative interest rates may be viewed as a viable monetary policy initiative, I would view this as having absolutely no economic benefit for Australia and extremely unlikely to occur. Interest rates will be highly likely to stay low for quite some time, with fixed rates pricing continuing to be considerably below variable rates. As always, please contact us at NPA Finance Strategies for personalised advice.

18.01.2022 Check out this video of Craig Whaley, CEO of NPA Property Group. Craig is our special guest speaker on Tuesday night. The topic: How to avoid the two largest mistakes made by property investors. This is a short introduction to the event.

17.01.2022 With variable rates now increasing with some lenders, borrowers are looking for protection against what the future may hold. For an assessment of your current options please feel free to get in touch.

17.01.2022 An Economic Perspective of the Coronavirus impact. - Craig Whaley Interesting Economic times are ahead for Australia and the rest of the World. The Chinese stock market was predictably spooked and down by 9% in the first 2 hours of trading today. Global GDP is going to be extremely damaged, to what extent remains to be seen. ...Continue reading

16.01.2022 This is a really good article. "Investing in property is a business decision, not an emotional reaction" We can help guide you through this process for free, having the visibility across a spectrum of lenders, and get paid by the lenders at the end when you're happy. Contact us for a no obligation consultation to see how we can help. Kind Regards, Dale Lee... 0438 779 240 http://www.realestate.com.au//8-steps-to-getting-started-/ See more

15.01.2022 A wave of lower interest rates is now becoming the new reality. With interest rates now being aggressively reduced by lenders, the environment is conducive to ensuring you are taking advantage of your available options and lowering the interest you are paying. Whilst this is positive, for those that haven’t applied for finance or refinanced for a number of years it is important to understand that the lending environment has changed dramatically over recent years, most notably... over the last 12 months due to the banking sector Royal Commission. The old days of having a good job, supplying an old pay slip and a one page bank account statement are well and truly behind us. We are now engulfed by a global epidemic of identity theft, computer fraud, terrorism funding, easy to make false documents and money laundering. With this new environment comes increased scrutiny with lenders and tighter policy controls by industry regulators. As such, borrowers are now being queried on and asked to supply additional information, consistently with all lenders. It is important to be aware of this, as frequently borrowers are expecting loan processes to be as simple as they were years ago. Credit assessment by the lenders now consists of: * Matching budgets, with high tech spending software from all bank accounts, credit cards and cash spending. * The supplying of all bank accounts, with sophisticated cross-checking programs able to detect any irregular spending or non-disclosed debts. * Ensuring all credit cards, store cards and after-pays are disclosed. * Ensuring consumer debt payments and credit card payments are made on time and have not gone over limits or into DR on savings accounts. * Sophisticated checking of credit applications. This can include borrowers not realising they have applied for credit on a website, whilst researching personal loans. Whilst all this may induce a touch of anxiety, we are increasingly finding it important to check through everything in advance with our clients to help put everything in order. Whilst advising where necessary on waiting a few months before submission and to look at the merits of an individual situation before recommending the appropriate lender. As always please feel free to touch base at any time for assistance with your lending and debt reduction requirements. Our service is free to borrowers, as the mortgage broking industry is paid on transaction by the banks and not by consumers. Yours in finance. Craig Whaley Director

15.01.2022 Hi All, I have summarised as best I can regarding the recent announcement regarding the freezing of mortgage repayments or referred to as a repayment holiday. Should you take this option?...Continue reading

15.01.2022 Interesting times ahead for Townsville. http://www.townsvillebulletin.com.au//f3d05af64a2c6011a7d3

14.01.2022 We would like to take this opportunity to wish everyone a very Merry Christmas, New Year and festive season with your families and loved ones. Thank you for all the support we have received this past year and for the opportunity to guide you with your financial goals, wealth creation, loan acquisition and debt reduction strategies. NPA will be closed for the festive period and reopening on the 13th of January. We will still be navigating current loans and mortgages in the sy...stem throughout this period. A reminder also that as of the 1st of January, the new First Home Loan Deposition Scheme is operational, with the Government backing the first 10,000 first home loan guarantees each financial year. In simple terms, lenders are allowing eligible borrowers to purchase an owner occupier property up to 95% Loan to Value Ratio with zero mortgage insurance payable. This is a massive cash benefit and opportunity for those that are able to take advantage of this. With NPA available to assist with the loan process from the 13th of January onwards. Merry Christmas to you all.

14.01.2022 With 1 out of every 14 mortgages having deferred payments for up to 6 months, there is now approximately $153.5 Billion worth of mortgages in flux. It is critical that anyone who has deferred payments has a plan in place for when the time comes to exit this arrangement. There are no guarantees that this period can be extended and even if it were possible, the accumulative compounded debt-effect on a total mortgage owing could be problematic for equity equations. Property v...aluers are starting to factor in projected market declines, so equity is being reduced from two directions, as values go down and the total mortgage owing increases. Whilst this has been a necessity for many, I am concerned with the potential for mass properties coming onto the market for sale at the same time, causing unprecedented adverse supply and demand pressures. Individual property markets would become saturated. A plan to simply defer payments for 6 months, then sell could create a large wave of individual economic losses. As a major buyer’s market will force sales prices down and in some cases create negative equity, which would force the seller into not only selling their asset but having a residual loan in place to pay off, or in some cases risk being sued. It is important to be aware of options and proactively plan a strategy in advance rather than reactively risking additional financial problems. https://www.9news.com.au//530a7910-7bce-45c4-a890-0aa10cab

14.01.2022 With EOFY almost upon us, have you considered what your lending requirements may be for next year? Is there anything you could do now that may affect your lending capacity in the new financial year? Feel free to contact us to arrange a quick chat with one of our Finance Strategists to discuss your plans before June 30. Best regards Dale Lee 0438 779 240

13.01.2022 Just a reminder that more loan product options are now being introduced by lenders to help with cash-flow planning. Interest only loans as one such option for those that may require this, are now becoming more readily available in a reversal of policy of the last few years. Other options may also be able to improve your individual situation. Keep in mind that even for refinances some lenders are now also rebating between $2,000 and $4,000. So the market is becoming ultra c...ompetitive with many great options. Please touch base at anytime for assistance with your lending options or a general chat about your plans. https://www.smh.com.au//cba-allows-interest-only-switch-as

13.01.2022 More good news for Townsville. Unemployment down to 8.8% Townsville Target Unemployment range 6 to 6.3% Townsville City Unemployment lower than regional Unemployment DS Economics estimates Townsville City Unemployment rate at 7.1% - DS Economics Some Townsville Suburbs have full employment... DS Economics Projects and Jobs list reinforces a positive outlook for Townsville. Townsville’s Net migration set to improve as projects start See more

11.01.2022 A couple of recent health scares to people I know who are not covered by Loan Protection, has reaffirmed my belief that everyone at least should know what Loan Protection is. (This covers the borrower not the bank). For a relatively small premium in a lot of cases, this can save future stress, financial problems and the risk of losing an asset, even your own family home. I would encourage everyone to take two minutes to view. Please also touch base at any time and we'll be ...glad to provide a quote for your consideration. Yours in Property and Finance. Craig Whaley Director

11.01.2022 One less glass of champagne or wine per week diverted to your super could mean you have an extra $18996 to spend in Paris on your retirement. Check out superboosterday.com.au and pay yourself forward

11.01.2022 Looking for a new home loan? Make sure you get it right the first time.

11.01.2022 The most common of all questions regarding finance relates to whether to lock in a fixed rate or play the variable card. This is a decision that has no clear right or wrong unless given context against someone's unique financial position. It is however drawing ever nearer to the end of one of the lowest cash rates in Australian history. A measure that is utilised to define consumer lending rates.... With a 1.5% cash rate, Australian households have enjoyed a long period now of low interest rates. It is widely tipped that the cash rate will start moving towards an equilibrium point of around 3.5% and thus lifting consumer interest rates as lenders lift rates. This week former Reserve Bank board member John Edwards indicated that he believed 8 interest rate rises over the next two years are extremely likely. Economic forecasting varies but the state of the Sydney and Melbourne property markets in particular is seen as a justification for these rises to keep property prices in check. A question to ponder when deciding upon fixed versus variable is not one of beating the banks, but one of budgeting, affordability and peace of mind. If interest rate rises over 2 years could potentially add up to $500 to your mortgage payment or could affect you in any of the above ways then seeking fixed rate options is recommended. At NPA Finance Strategies we can offer assistance with the options and choices available. From 2 year investment fixed rates at 3.88% p.a, there are a multitude of products and solutions to fit your circumstances. For all your finance needs, solutions, strategies and options please contact us at NPA Finance Strategies for guidance.

11.01.2022 With so many loan types and products available now, it can get very confusing for the average person. We can help work through the pros and cons of these loans and discuss the loan product which is right for your situation. To find the right loan fit for you, make a time with Craig Whaley on 0412169554.

10.01.2022 Overcapitalising can create many issues, especially in a stagnant growth market. It is good to be aware of the implications if you are looking at selling in the immediate future or looking at utilising equity.

10.01.2022 RBA Leaves it's rates on hold for another month, marking the longest ever run of interest rate stability in Australia. https://www.theadviser.com.au/breaking-news/38210-rba

10.01.2022 NPA’s Finance Tip of the day If you are currently paying your mortgage payments monthly, consider changing your payments to a fortnightly basis. 26 fortnights in a year, essentially means you are making 13 monthly payments over 12 months. The extra payment directly pays off the principal component of your loan, ensuring the start of a snow ball effect of debt reduction.... Invariably, a 25 year loan can be reduced by close to 4 years with this simplistic strategy. Thus a substantial reduction in interest will be evident across the term of your loan saving you thousands of dollars.

10.01.2022 Some excellent tips here. Here at NPA Finance Strategies we guide the whole spectrum of clients through this process, in order to get the best possible outcome for their individual situation.

10.01.2022 We are seeing an interesting dynamic across the lending market at present. There's a systematic shift in progress as some lenders look to reduce the amount of Interest Only loans on their books. Then there's also a price war on between lenders with their Principle & Interest product. Because of this what we're finding is that sometimes a client’s preferred option of paying interest only for tax and cash-flow purposes, ends up being counter intuitive because some P&I loan repa...yments are now actually less than some interest only products. Very interesting time indeed. If you or someone you know would like to see if they would qualify for something like this, please be in contact. Kind Regards Dale Lee 0438 779 240 [email protected]

09.01.2022 The RBA have just announced the cash rate will remain on hold at 1%. The impact of recent cuts on the economy is still being assessed, with monetary policy being utilised to push the inflation rate back into the target band of between 2 and 3 percent. Currently with inflation at 1.3%, further cuts are still considered likely.

09.01.2022 First Home Buyers Information Evening. How to buy your first home with NO DEPOSIT. Learn the steps to enter the property market. Information on the Townsville property market.... Structuring and Home Loan options to put you in control of your financial future. Learn how to be pre-approved for finance and ready for your first home purchase, as well as other important tips. Join us for this education packed one hour event.

09.01.2022 If you have a few moments to read the following and can see the logic in saving the Mortgage Broking Industry, could I kindly request you press yes to signing this petition. After being a mortgage broker for 26 years, this is something close to my heart as I passionately believe that there will be major adverse implications for the general public otherwise.

08.01.2022 Big news out of APRA recently https://www.domain.com.au//served-its-purpose-apra-scraps/

07.01.2022 Talking Economics and the Townsville Property Market.

05.01.2022 We would like to take this opportunity to thank all well-wishers for your kindness and support through this difficult time in the Townsville community, with what has now been evaluated as a 1 in 500 year flood. We would like to inform everyone that we are now back open for business. Our hearts go out to all those adversely affected by the floods and associated displacements, loss of property and belongings, as well as business loss and financial hardships.... To all our current clients, please contact us regarding any assistance you may require with your current situation or to discuss banks hardship programs that may allow you some financial relief during these hard times. We are also now focusing on ensuring that all clients and new clients are able to take advantage of the best possible interest rates and product features available to them. Townsville is now experiencing a major take up of vacant rental properties, with vacant properties bordering on 1900 prior to the floods and is now expected to reach full take-up. With reports of up to 30 applications for some properties at the moment. This will create an increase in rents, with less supply available and a large demand. In turn house/unit sales numbers will increase as a result, as a viable alternative to renting. Increases to sales prices are already starting to appear in the Townsville market. Please feel free to contact us at any time to discuss your personal situation and how we can be of assistance.

04.01.2022 Credit where credit’s due. The government have moved decisively with a $130 Billion dollar stimulus package, which has massive ramifications. This gives hope to many, businesses and employees. It gives a sense of belonging to employees to still be associated with their employment, if not physically in all cases, at least psychologically. This saves a lot of heartache and has great ramifications for our collective mental health.... Most importantly, this allows a ‘degree’ of relaxation and certainty to many and allows a vast amount of people to change focus from a negative context to a more positive context and focus on other important issues instead. It will also hopefully impact on reductions in potential domestic violence cases as self-worth is maintained in many. As an economics nerd, I’ll get my charts and diagrams out on this one, but I am once again thankful for the great country we live in. Other countries will not be so fortunate, with some facing full economic collapse. https://treasury.gov.au//Fact_sheet_supporting_businesses_

03.01.2022 When was the last time you revised your home insurance? If you are like most people, once you set up your insurance, you tend to just pay your annual renewal without question. Did you know that by revising your insurance coverage annually can help you save money? A call to your insurer on receipt of your annual renewal to review your policy and what is covered can save you big dollars. Even spending a few minutes obtaining quotes from other insurers can be well worth the eff...ort. When you book in for a Finance Health Check we can assist you with comparative insurance quotes to make sure you are getting the best deal for your insurance.

03.01.2022 Investing in Property is one of the biggest decisions of your life - and one of the most daunting. Making sure it isn't the biggest mistake of your life is important to us. Craig Whaley is an expert in his field and can ensure your finances are correctly structured to make the most out of your investment. Before you buy, or if you are looking to refinance your current Investment Property, give Craig a call and together you can ensure your financial future is on the right t...rack. Contact Craig Whaley on 0412169554 or email [email protected] http://yourloanhub.com.au//10-tips-for-choosing-an-invest/

03.01.2022 As of the 1st of July 2017, those with overdue tax debts, will be disclosed to credit reporting agencies. The impact this could have is not only that obtaining finance in the future could be challenging, but that existing finance and supplier arrangements could be withdrawn. Alas, Tax Debts can be refinanced!... For peace of mind please call us for a chat if you feel you could be adversely affected by this credit reporting decision with your tax debts. You'll be pleased to know there are loan products specifically designed to help in these circumstances. Please don't hesitate to contact us should you require further information.

03.01.2022 It is interesting to note that at a time where the RBA are holding the cash-rate at a constantly low rate, lenders are acting against this by lifting their variable rates.

03.01.2022 Hi All, Further to my last ‘mortgage repayment holiday’ information, I would also like you to consider the following: Please excuse the ‘if’s’, in the context of this information....Continue reading

03.01.2022 Due to the current flood crisis we are facing in Townsville at the moment, NPA Finance will be closed until at least Wednesday. We currently have no power and phone service is limited. Please be patient with us during this very trying time for us and our community.

02.01.2022 A Message from Craig Whaley: During these unprecedented times, I want to let you know that I am here to help and I am committed servicing your financial needs, as usual, to deliver the best outcomes for you.... As the COVID-19 (coronavirus) situation evolves, we are ensuring the safety, health and welfare of our team, our clients and others with whom we interact, by following official Australian Government advice. With the vast array of information available about COVID-19, I encourage you to view the Australian Government Health Department website for the latest and most accurate information. Is this the time to review your finances? Many of us are working from home and spending more of our free time at home too, take advantage of this time to sit down and examine your finances. What are your goals? Are you on track to reach them? What do these economic changes mean for you? Some people will be looking into financial uncertainty. I am available to assist you in managing this. I want to ensure you understand your redraw facilities, offset accounts, your rights in regard to mortgage 'repayment holidays', applying for financial hardship with your bank, and how you might take advantage of the RBA rate cut. Reach out and book a video or phone call with me when you are ready. Appointments can be done digitally. I understand many people in the community are self-isolating, quarantined or practicing social distancing. I’d like to reassure you that you do not need to leave your home to seek advice or even apply for finance. Please reach out to me and we can find a solution that works for you, whether that be via a video or phone call. My business has technology platforms to enable us to do business efficiently without the need for face to face interaction. I can help you navigate lenders fast-moving policy changes Banks and lenders are quickly making changes to their requirements to adapt to these unique times we find ourselves in. I am in regular communication with banks and lenders so that I can be across these changes and help you navigate them. I’m online and available. So please feel free to call me or send me an email. Most importantly, take care of yourself and your family. Best wishes, Craig Whaley Ph: 0412169554 E: [email protected]

02.01.2022 IMPORTANT- FIRST HOME LENDERS DEPOSIT SCHEME (FHLDS) Please be aware that the next allocation of 10,000 loans under the FHLDS will be available from 1 July 2020. Where eligible first home owners can obtain a loan up to 95% of the purchase price of a property without the need to pay any Lenders Mortgage Insurance (LMI). Just as with the initial allocation, demand will be great to access this opportunity.... Many people aren’t aware that an important pre-requisite for eligibility is having FY 19/20 personal tax returns completed. Please ensure that you are prepared, book in with your accountant or tax agent ASAP and ensure tha5 your tax return is completed and submitted as quickly as possible if you are looking to take up this lending opportunity. Please contact us at NPA Financial Services at any time for any individual assistance or guidance in relation the FHLDS scheme or any other lending requirements you may have. https://www.nhfic.gov.au/what-we-do/fhlds/

01.01.2022 The Reserve Bank of Australia (RBA) has just cut the official cash rate for the first time since August 2016, to a historically low 1.25%. Further mortgage rate cuts will be expected to follow, although expect some lenders to hold back in anticipation of their competitors decisions. The RBA will be concerned with low inflation and wage growth in Australia at present and will be utilizing this cut as a monetary policy initiative to stimulate the economy.... A cross-section of lenders moved ahead of this announcement last week, with rates as low as 3.39% now being offered to the market. For all your lending, debt-reduction and planning requirements please touch base at any time. Yours in finance. Craig Whaley Director