P & J Financial Solutions in Munster, Western Australia | Mortgage brokers

P & J Financial Solutions

Locality: Munster, Western Australia

Phone: +61 8 9437 3666

Address: Jakovich Centre; Unit 1 - 4 McGrath Road 6166 Munster, WA, Australia

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

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25.01.2022 The attached article covering some basic, but nevertheless important tips on how your Business can navigate difficult times is well worth reading; particularly with the conditions that we are all facing at present. We at P & J Financial Solutions always advise and recommend that you obtain your own independent advice.

24.01.2022 On behalf of Jason, Paul, and the team at P & J Financial Solutions we would like to wish all of our Clients, Colleagues, Business Partners, Family, and Friends a wonderful and joyful Christmas. Celebrate with your family and loved ones, create special memories, and stay safe over the Festive Season.

24.01.2022 There remains a lot of concerns and stigma regarding Reverse Mortgages, however used in the right way they can be a beneficial financing tool. Here are five ways that Reverse Mortgage customers can put their home equity to use. The product is not for everyone though and any potential borrowers should carefully consider the Reverse Mortgage product and obtain qualified, independent Financial Advice.

23.01.2022 The Reserve Bank of Australia (RBA) has just announced the December 2019 official Cash Rate decision being the last for this Year, acting in accordance with market expectations and holding at the current record low of 0.75% per annum. Analysts are expecting the RBA to save its ammunition, as it monitors the extent to which its reductions in June, July and October of this year have supported its objectives of sustainable growth in the Economy, full employment, and 2% 3% Infl...ation. A prominent Economist commented in respect of the RBA’s Interest Rate decision that Given the recent run of weak data on jobs, retail sales, car sales, housing construction, business investment and credit, the RBA’s own forecasts for barely any progress towards reaching its goals over the next two years, and that the RBA sees rate cuts as still working, it should be cutting rates [again] particularly [given] that the next board meeting is not till February. Drawing from remarks by RBA Governor Philip Lowe, we at P & J Financial Solutions believe they suggest little urgency and a preference to wait and assess given the long and variable lags of Monetary Policy. Some Economists believe that the RBA will make back-to-back Interest Rate cuts in February 2020 and March 2020, which would take the Cash Rate to 0.25%; and the then consider Quantitative Easing (QE) in the absence of Fiscal Policy stimulus in the Federal Government’s Budget in May 2020. It should be noted that that while a reversal in domestic Economic conditions is unlikely, additional cuts to the Cash Rate may have unintended consequences and further dampen sentiment; as in some ways, we should feel comfortable as we haven’t seen Interest Rates this low in history and watching them get lower might produce unintended Economic consequences that might be less preferable to the ones we face today. If the upcoming data releases this month don’t show GDP growth and Consumer Spending recovery, the pressure will fall on the RBA for another Interest Rate cut. Christmas spending will be the test; if we don’t see healthy Consumer spending this month, the push will be on for a February 2020 downward movement. As we enter the Festive Season, Borrowing appetite varies between all Lenders from a Personal and Business perspective and remains mixed particularly in view of individual circumstances. Interest Rate offers and fluctuations continue un abated with differing Lenders jockeying for a Borrower’s custom, Accordingly, it continues to be of critical importance for all Customers to obtain informed, experienced, and knowledgeable advice and guidance in relation to reviewing their current and future borrowing requirements and circumstances be they Business and / or Personal in nature - from P & J Financial Solutions. Do not hesitate, make contact with Paul and Jason today for such assistance.

23.01.2022 As we count down to Christmas and the New Year, positivity beckons for our wonderful State.

22.01.2022 Following two Cash Rate reductions and the introduction of unconventional Monetary Policy last month, the Reserve Bank of Australia (RBA) has left Australia's official Cash Rate unchanged at its current record low of 0.25% per annum at it’s April 2020 Board Meeting today, as was largely expected. RBA Governor Philip Lowe recently stated that a Cash rate of 0.25% per annum is the effective lower bound, meaning further reductions would not have any added benefit for the Econ...omy. However the RBA has also signalled the Cash Rate will also not rise for some years. The RBA has stated they would not increase the Cash Rate until inflation is well within the 2% -3 % target range, and the Labour force is trending towards full employment, which has previously been referenced as an Unemployment Rate of 4.5%. Economists have noted that the Monetary and Fiscal Stimulus unrolled in response to COVID-19 thus far has seemingly been coordinated so as not to add excessive demand for Housing. As a part of additional, cheap funding for Commercial Banks, funding facilities will be extended for every dollar lent to businesses, but not to housing loans they have stated. From the viewpoint of P & J Financial Solutions, we note that most Lenders have only factored Interest Rate cuts into Fixed-rate Mortgage products, limiting flexibility for Consumers as Interest Rates hit record lows. While reductions indeed have been primarily reserved for Fixed Interest Rates, with just one of the big four lowering Variable Interest Rates following the emergency 25 basis point cut last month, some Lenders are subsequently tinkering with the Variable Interest Rates to suit their Borrower-risk appetites. The times that we continue to navigate and deal with at present remain something that almost none of us have experienced and therefore it essential that we obtain relevant, timely, and knowledgeable advice. We at P & J Financial Solutions remain open for business as usual and can work with all of our Clients remotely and via Digital means in need. Jason and Paul are willing and able to guide and advise you in respect of your present and future borrowing requirements and circumstances be they Business and / or Personal in nature. This remains imperative and essential at present to ensure that you are receiving a suitable and appropriate product, loan structure, and commensurate Interest Rate, or Lending / Borrowing Hardship advice. Accordingly, do not hesitate, reach out and Jason and Paul today for assistance.

22.01.2022 With the Reserve Bank of Australia (RBA) today announcing that the official Cash Rate has been held at its current record low of 0.25% per annum, it underscores the importance of additional Stimulus Packages from the Federal Government in helping the Economy rebound from its current slump. The holding of the Cash Rate comes amidst reports that the latest Stimulus Package being prepared by Federal Treasurer Josh Frydenberg includes increased grants for new Home buyers and re...novations for established homes. We believe that the significant increase to the First Home Buyers’ Grant was key in buoying the sluggish Housing sector during the Global Financial Crisis in 2008 when in October of that year, the Grant was temporarily doubled from $7,000.00 to $14,000.00 for established homes and brought up to $21,000 for new properties. Effective stimulus is what will enable the RBA to stand firm against moving Interest Rates into negative territory while still giving Banks / Lenders the room to lower their individual Lending Interest Rates according to many industry experts. Government stimulus is the main weapon to combat the impact of the Coronavirus and the more than $200bn committed so far has been crucial in helping the hundreds of thousands who have lost jobs and businesses, and maintain some economic activity one industry expert commented. We at P & J Financial Solutions are also aware of other stimulus measures that are currently circulating including Stamp Duty Reform and abolishing Payroll Tax to help drive employment and help ease the nation’s debt burden. For now, even with the official Cash Rate on hold, there remains room for certain Lenders to drop Interest Rates further as they look to win over new business. Notably, customers have been increasingly gravitating towards Fixed Rates over the last few months, with the Commonwealth Bank Of Australia recently reporting fixing has more than doubled since the start of March this year for both new and existing customers. The unprecedented and constantly evolving times in which we all presently live are likely to continue for the foreseeable future and as such, experienced and knowledgeable advice in respect of finances and borrowing / lending requirements remain critical and essential to Personal and Business customers alike. With all Lenders altering Interest Rates and Credit Approval criteria on a regular basis, now is the time to seek such advice. Accordingly, do not hesitate to contact Jason and Paul at P & J Financial Solutions for guidance, advice, and assistance through these confusing and difficult times.

21.01.2022 The Reserve Bank of Australia (RBA) today announced it’s official Cash Rate decision for October 2019, confirming a reduction to a new record low of 0.75% per annum; being the third cut since June of this year. The decision followed muted Economic performance across key metrics, including employment, inflation and wage growth. The RBA has maintained that the Monetary Policy stimulus is aimed at supporting jobs growth and ensuring that an Inflation Rate closer to their medium-...Continue reading

21.01.2022 A useful little eBook about managing an Investment Property. Whilst the eBook contains valuable information and guidelines, remember to seek out independent and qualified advice in relation to and Property Investment that you may consider.

20.01.2022 Some important points to consider regarding Rental / Investment Properties in the lead up to June 30. Above all, remember to seek out independent and qualified Accountancy advice in relation to Depreciation and Tax Planning, no matter what time of the year.

20.01.2022 As we move into Summer and many people think about selling property, it’s often the little things that attract people to a property, enabling it to sell faster and at a better price. With minimal effort and a few handy tips from the attached Guide, you can make your property a most attractive proposition for buyers. As always, remember to seek out professional and qualified assistance from any provider that you choose to use.

19.01.2022 The trend of positivity continues for the Perth Property Market. Baby steps only ..... but nevertheless steps in the right direction.

19.01.2022 On the day that a Horse Race stops a Nation, the Reserve Bank of Australia (RBA) announced its official Cash Rate decision for November 2019, holding the Cash Rate at 0.75% per annum in line with market expectations. Analysts are expecting the RBA to hold off on further Interest Rate cuts in the near term, as it monitors the impact of its reductions in June, July and October of this year; particularly amid positive Inflation and Labour Market indicators. Industry Stakeholders... and Economists however still hold widespread expectations for a further Interest Rate cut in February 2020. International Economic Policy, particularly recent cuts to the US Federal Reserve, threaten to undermine the work of the RBA towards full employment, suggesting that further cuts to the Official Cash Rate are looming. This view is also quantified by recent Interest Rate cuts by the RBA’s foreign counterparts. From the viewpoint of P & J Financial Solutions, the RBA’s decision was solidly based on Australian Bureau of Statistics’ (ABS) latest Labour Force data, revealing that the Unemployment Rate fell to 5.2% in September, despite expected inertia and reported headline Inflation of 0.5% over the September quarter in line with expectations. Added to these factors, an indication of a rebound in the Housing Market also reduced the need for further stimulus this month with a rebound in Housing values and a rise in buyer activity hopefully beginning to flow through to a gradual improvement in Household wealth and spending. The Lending, Financial, and Economic environment remains very much in a state of flux and we feel it prudent for the RBA to wait until they get a better view of the Economy into the first quarter of next year prior to making a further Cash Rate cut. Consumer spending over the Festive Season, Lenders appetite for providing Credit to Small Businesses, and the trend in Home and Property values and as to whether the recent value rebound is a one-off will also contribute to determining the timing of the RBA’s next move. Borrowing appetite varies between all Lenders for both Business and Personal borrowing and Interest Rate offers and fluctuations remain ripe. As such, it continues to be crucial for all Customers to avail themselves of knowledgeable, experienced and informed guidance and advice in respect to reviewing their current and future borrowing circumstances and requirements be they Personal and / or Business related - from P & J Financial Solutions. Do not wait, contact Jason and Paul today for such assistance. PS: We hope that you backed a winner !!!

19.01.2022 At its last Board Meeting for the year and until next February, the Reserve Bank Of Australia (RBA) kept the Official Cash Rate at a record low 0.1% per annum today. The RBA has decided to maintain the current Policy settings, including the targets of 10 basis points for the Cash Rate, at the present time as it waits to see what transpires over the Festive Season and with the relaxation of State Border closures within Australia. Globally, the news has been mixed recently. On ...Continue reading

18.01.2022 There have been important changes to Credit Reporting in Australia over recent times. These changes could impact your ability to obtain a Home Loan, Business Loan, Personal Loan or any type of finance for that matter; so it’s important to be aware of them. Remember that knowledge is wealth and we at P & J Financial Solutions are here to assist and guide you.

18.01.2022 Nearly all Businesses want to grow, expand, and position themselves to wider audience; but too many make mistakes that cripple their growth. Even worse, they keep repeating them. An interesting article on how to avoid basic Business blunders; and as always, seek professional and qualified guidance.

18.01.2022 An important consideration for Small Business which is often overlooked. Something to think about for a Monday morning.

17.01.2022 Paul, Jason, and the Team at P & J Financial Solutions would like to wish all of our Clients, Colleagues, Business Partners, Family, and Friends a happy and safe Easter break. This year will be different for us all as we celebrate the Easter period whilst isolating and physically distancing ourselves from others. We must remember that we are not alone and can reach out to each other by phone, video, or Social media means. Stay safe and take care everyone; and enjoy those Easter Eggs and whatever the Easter Bunny brings you.

17.01.2022 Happy Monday Everyone. An interesting little statistic to commence the working week Of the 7,740 complaints regarding lending products accelerated by AFCA, mortgage brokers were the channel used in just 33, or 0.4 per cent of cases. A wonderful endorsement for the integrity of the Mortgage Broking industry especially when almost 60% of new Residential Lending is originate via Finance Brokers .... Bank or Broker ..... the choice is easy.

17.01.2022 After months of a seemingly market-wide understanding that the Reserve Bank of Australia (RBA) would not consider cutting the Official Cash Rate from the record low of 0.25% per annum where it has sat at since mid-March, Financial and Economic Market expectations have dramatically shifted in recent weeks. However, even with a significant proportion of Economic and Financial Analysts predicting a reduction to be announced at today’s meeting, the RBA has again kept the Official...Continue reading

17.01.2022 Some mid-week positivity for early Spring.

17.01.2022 As we are all gearing up for Christmas and the New Year, a lot of Small Businesses will only have a limited amount of time off over the Festive Season; and some won’t have any at all. The attached Article provides some timely tips for all Small Business owners, particularly those who are seemingly working around the clock.

17.01.2022 The article is from late July of this year but reflects more positive horizons for a struggling Western Australian economy.

16.01.2022 Following the Reserve Bank of Australia’s (RBA) September 2020 meeting held earlier today, the RBA have maintained a hold strategy with the Official Cash Rate keeping it steady at 0.25% per annum for another month as was widely expected. The RBA did however expand the Term Funding Facility to keep funding costs low and assist with the supply of credit to Lenders, with Banks being able to draw up the scheme until the end of June 2021. Policymakers reiterated that a recovery ...from the COVID-19 crisis is now underway in most of Australia. This recovery is, however, likely to be both uneven and bumpy, with the severe second-wave outbreak in Victoria having a major effect on the Australian Economy. The RBA commented that it is committed to do what it can to support jobs, incomes, and businesses; and they will maintain highly accommodative settings and continue to consider how further Monetary Policy measures could be implemented to support the economic recovery. From the perspective of P & J Financial Solutions, we remain of the view that the RBA will not increase the Official Cash Rate until progress is being made towards full employment and the RBA are confident that Inflation will be sustainably within the 2.00 3.00% per annum target band. Essentially little has changed in the last month with the impact of the Coronavirus pandemic altering each week, and not necessarily for the better. The difficult and challenging times that we all face will continue to dominate Australia and the rest of the World for a considerable time to come. As such, it remains critical to avail yourself of knowledgeable and experienced guidance in respect of finances and borrowing / lending requirements be they Personal in nature and / or Business related. Reassessing existing Borrowing and Loan structures is seen as vital. Accordingly, do not hesitate to contact Jason and Paul at P & J Financial Solutions for such guidance, advice, and assistance through these constantly changing and difficult times.

16.01.2022 Following its July meeting held this afternoon, the Reserve Bank of Australia (RBA) has kept the official Cash Rate on hold at 0.25% per annum as was widely expected. However, despite this being the fourth consecutive month the Cash Rate has remained unchanged, Lenders of all sizes have been cutting both their Fixed and Variable Interest Rate offerings in a bid to draw in new Home Loan customers. A caveat in this regard though has been a tightening of Lending / Credit Policy ...Continue reading

16.01.2022 Important news for an overcast Sunday.

15.01.2022 As we embrace Summer, many people will take the opportunity to look at / for new homes; not the least being First Home Buyers. The attached article and guide is quite a useful tool for people entering the Real Estate market for the first time and provides a good reference and starting point. Remember though to seek qualified and professional advice at all times.

15.01.2022 On the day that a race stops a nation, albeit in unusual circumstances this year, the Reserve Bank Of Australia (RBA) have made a move that would have seemed impossible just months ago, by cutting the Official Cash Rate from 0.25% per annum to a to a new record low of 0.10% per annum. From the viewpoint of P & J Financial Solutions, today’s Interest Rate cut will only have a material impact on Australia's Finance Market if Lenders opt to pass the savings through to their cu...stomers. A lowering of Fixed Interest Rate mortgages could provide a charge to the Australia’s economic recovery; although we believe that the RBA is now out of ammunition in terms of using the Cash Rate as a weapon in its COVID-19 recovery arsenal, and that any further support the Australian economy requires will have to come from Fiscal Policy and Quantitative Easing. There remains some skepticism from Economic Analysts around the effectiveness of this Monetary stimulus measures, however the strength of the Australian Dollar and a lagging Victorian economy have supported the case for further easing at this time. It remains to be seen as to how much of the Interest Rate cut Lenders will pass on to borrowers, however we are of the opinion that some Lenders will focus their efforts on becoming "ultra-competitive" with Interest Rates in a bid to win new Borrowers to their Financial Institutions. The rapidly evolving, changing, and somewhat troublesome times that we face in Australia and across the world currently are set to continue for the foreseeable future and we all must remain vigilant with our lives and our finances. As such, it is imperative that people access knowledgeable and credible advice in regard to borrowing / lending needs and finances be they Business and / or Personal in nature. Reviewing of all current facilities is now more than imperative than ever. Accordingly, please do not hesitate to contact Jason and Paul at P & J Financial Solutions for advice, assistance, and guidance as we all continue to traverse an uncertain landscape. PS: We hope that you backed a winner in the Cup.

15.01.2022 As a new working year has commenced, we look back to August 2019 when P & J Financial Solutions were grateful and honoured to again be named as one of three finalists in the Residential Lending Category for Finance Brokerage firms with less than five Brokers at the Finance and Systems Technology Systems Pty Ltd 2019 Business Excellence Conference. For our Firm, the driver to what we achieve is looking after our Clients to the utmost of our ability and offering quality service..., advice, and guidance to you all. Moving forward throughout 2020, we will to continue to build on all of our relationships with our Clients, Alliance Partners, and Referral sources as without your backing and support we could not achieve what we have done so thus far. THANK YOU ALL SO VERY MUCH. It is wholly and genuinely appreciated and here’s to a brilliant and prosperous 2020 year ahead !!!

14.01.2022 The Reserve Bank Of Australia (RBA) has pulled its emergency lever, pre-emptively cutting the official Cash Rate to a historic low of 0.25% per annum in response to the economic fallout from the coronavirus pandemic and commence Quantitative Easing (QE). The announcement has been made two weeks ahead of the RBA’s monthly Board Meeting next scheduled for 7 April 2020 to counter the growing economic risks associated with the coronavirus (COVID-19) outbreak. The RBA said it ...Continue reading

13.01.2022 Some relatively plain English from a Politician - a little long, but worth a listen. We at P & J Financial Solutions suggest that you always obtain professional Accountancy and / or Financial Advice prior to making any decisions to ensure that you fully understand the terms and obligations of what you are seeking. Have a great weekend everyone and stay safe.

12.01.2022 Are you considering a request to be a Co-borrower or guarantee a loan? Whilst these are not uncommon arrangements, they can be easily misunderstood leaving many people to underestimate the risk that can potentially be attached to being a Co-borrower or guaranteeing a loan. Helpfully, the Australian Securities and Investments Commission (ASIC) has published a guide, which clearly explains what these terms mean while providing some handy Q&As for Clients.... Remember that Jason and Paul at P & J Financial Solutions are always available to assist and guide you. Don't hesitate to contact us today.

12.01.2022 An interesting viewpoint for a Monday evening ahead of tomorrow's Reserve Bank Of Australia monthly Board Meeting.

11.01.2022 As we awake to enjoy Grand Final Day and a Long Weekend in our home State, some positive news is forecast for the Western Australian Economy.

11.01.2022 Wise words without sensationalism. After revising his forecasts for the Australian Economy in the wake of the Coronavirus spread, renowned Westpac Banking Corporation Chief Economist Bill Evans explains why Australia is heading for a technical Recession, followed by a solid rebound in the second half of the year.

08.01.2022 Following it’s August 2020 meeting held this afternoon, the Reserve Bank of Australia (RBA) has kept the Official Cash Rate on hold at 0.25% per annum for another month as most pundits generally expected. The decision comes as no surprise to the vast majority of Economists who correctly predicted ahead of the RBA Meeting that the Cash Rate would remain unchanged. The Australian Economy is going through a very difficult period and is experiencing the biggest contraction since...Continue reading

07.01.2022 As we enter the final day of the year that was 2019, Paul, Jason, and the Team at P & J Financial Solutions would like to thank all of our Clients, Colleagues, Business Partners, Families, and Friends for their support throughout the 2019 Year. Looking back it has been a challenging but ultimately rewarding twelve months for our Industry, however the backing and patronage that we have received from you all have made it a satisfying and pleasing one at the end of the day. We are now focused on 2020 being a terrific year and trust that it will be enjoyable, successful, and tremendous for you all. Again; thank you for your ongoing support and happy New Year.

07.01.2022 There is a new Email Scam doing the rounds where an Email purports to be from Latitude Financial Services (Latitude) however it is bogus. I received two Emails yesterday attempting to scam me. The Emails look reasonably legitimate however the language isn't correct and the Email address is incorrect - and in my case I have never, ever had an account with Latitude. As usual, NEVER click on a button in an Email sent to you by an organisation, even if you have business of an acc...ount with them. If you need to check, manually log into your Account in the usual manner and change your Password; or alternatively ring the organisation via the telephone number shown on your Bills, Statements, Invoices, or displayed on their official Website. Reported to Scamwatch: https://www.scamwatch.gov.au/report-a-scam.

07.01.2022 Late last month, P & J Financial Solutions were again fortunate and privileged by being named as one of three finalists in the Residential Lending Category for Finance Brokerage firms with less than five Brokers at the Finance and Systems Technology Systems Pty Ltd 2019 Business Excellence Conference. We have now achieved the distinction of being Finalists in four out of the last five years in this Lending category, and Jason and Paul are gratified and humbled at being recognised for, and are proud of, our efforts which we share with all of our Clients, Alliance Partners, and Referral sources as without your patronage and support we could not have achieved such acknowledgement. THANK YOU ALL SO MUCH. It is greatly and sincerely appreciated !!!

06.01.2022 The Reserve Bank of Australia (RBA) has just announced the September 2019 official Cash Rate decision, following last month’s decision to hold at 1.00% per annum in order to allow time to observe Economic trends before resorting to further possible Interest Rate reductions. As such, the RBA has again maintained the 1.00% per annum official Cash Rate. Most Financial Analysts expected today’s decision and believed that the RBA will abstain from further Interest Rate cuts until ...the end of the year, as it monitors the impact of its back-to-back reductions in June and July of this year. The sharp increase in Sydney and Melbourne Housing values was likely a key topic of conversation at today’s meeting according to an Industry expert. Clearly Housing Market conditions are responding to lower Interest Rates as well as the recent loosening of Loan serviceability rules from the Australian Prudential Regulation Authority and the positive influence of the stable Federal Election outcome, he stated. From the viewpoint of P & J Financial Solutions, while recent Housing Data has been predominantly positive, we warn against premature relief. The recovery trend is still very early and there is the potential for the pace of growth to substantially slow as advertised stock levels rise in line with Spring, so no doubt the RBA will be keeping a close eye on Housing Market conditions. Similarly, the fragile Housing Market recovery has not been uniform across all Australian states, particularly in our own home state of Western Australia. In the RBA’s recently released Corporate Plan for 2019 / 2020, they reiterated their duty to carry out Monetary and Banking Policy in such a way as to best contribute to the stability of the Australian currency, the maintenance of full employment, and the economic prosperity and welfare of Australians. Further, the RBA confirmed its commitment to achieving an Inflation Rate of between 2.00% to 3.00%; whilst Australia’s Inflation rate remains well below this official target, with the Australian dollar continuing to weaken. The Unemployment rate equals 5.20% for the fourth month in a row, and real Wage growth remains low at 0.7%. Accordingly, many feel it is inevitable that additional Interest Rate cuts will come in the near future; with the Commonwealth Bank Group predicting two further Interest rate reductions in November 2019 and February 2020. As such, it remains of vital importance to have access to experienced and knowledgeable guidance and advice concerning present and planned borrowing circumstances and requirements be they Business and / or Personal in nature - from P & J Financial Solutions. Do not wait contact Jason and Paul for such assistance today.

06.01.2022 Some interesting and pertinent points made. Food for thought for a middle of the week Wednesday.

06.01.2022 We are all amidst of troubling, concerning, and strange times therefore we want to let everyone know that P & J Financial Solutions is still open and operating as normal apart from increased hygiene protocols, no handshakes, and switching to phone interviews if required. We are ready and to switch to remote Office mode if needed as we have been using secure Cloud based software for many years. As such, if you are worried about your Finances and Borrowings and not sure how to reach out, please remember that you can Email, Private Message, Telephone, Skype, or Facetime us if needed. At least then you can have your questions answered, so there's one less thing to think and worry about. Please take care everyone and remember that Jason and Paul at P & J Financial Solutions are here for you.

06.01.2022 An interesting article about Afterpay, a form of financing which is becoming rapidly prevalent in today’s consumer purchasing landscape. The article is well worth a read as it highlights some valid opinions from Financial Advisers. It is important to realise that properly budgeting your Finances can assist you in paving the way for a successful future. Jason and Paul of P & J Financial Solutions are lateral thinkers; and we are happy to sit down with you and review your current situation and suggest options moving forward, in a way that suits you best. Don’t hesitate, contact Jason and Paul today for knowledgeable, experienced, and friendly advice.

06.01.2022 Mid-week positive news in the lead up to the Festive Season regarding the Perth Property Market which was released recently. There has been a lot of uncertainty surrounding the Property Market throughout 2019, and while we are not seeing the big shifts in levels that were experienced during peak times, it is a positive sign to see an increase in Sales and Rental activity. Feeling optimistic about the times ahead.

05.01.2022 The Reserve Bank of Australia (RBA) has today announced its first Cash Rate decision of the 2020 Calendar Year, with the Interest Rate being kept on hold at its current record low of 0.75% per annum. Following the release of the most recent data which showed a lowered Unemployment Rate and an uptick in the Inflation Rate, the outcome of today’s RBA Meeting was generally expected. The impact of the latest Inflation figures and growing uncertainty in the Domestic and Internat...ional economies adds to the volatility of the Financial landscape, and the full impact of Australia’s unprecedented Bushfire Season over the summer on the Domestic Economy is still yet to be seen, In addition to the effect of the outbreak of the coronavirus in International markets coupled with the aforementioned factors will effect when the RBA determines the next Cash Rate move. In the opinion of P & J Financial Solutions, we believe that a Rate cut is still on the radar for later this year as while the lower Interest rate environment has failed to lead to a material improvement in Economic conditions thus far, it has stimulated the home sector. There remains doubts though around the carry-through impact of the RBA’s future decisions on the Housing market, as a Cash Rate cut at this point may not stimulate anything other than Sydney and Melbourne house prices, with Banks / Lenders unlikely to pass on Interest Rate cuts of more than 0.15% and Home buyers using this to pay off their home loan sooner rather than spending. The impact of the RBA's monthly Cash Rate decision on the average Australian will always be a two-sided coin, carrying a different meaning for Borrowers and Deposit Holders; and today's hold likely comes as a relief for the latter group. While the current low-rate environment is a negative for savers, Mortgage holders are well-positioned to leverage the situation - something that can only happen if they're aware of their options. As such, it is imperative that you speak to an informed, knowledgeable, and experienced person and that is where P & J Financial Solutions can assist. Given the rapidly altering Financial, Economic, and Lending panoramas everyone should consider reviewing their current and future borrowing requirements and circumstances be they Personal and / or Business in nature - from P & J Financial Solutions. Do not hesitate, make contact with Jason and Paul today for such assistance.

04.01.2022 Something a little different some Renovating tips. Always be mindful to seek suitably appropriate advice and use reputable and qualified Builders.

03.01.2022 An important read as we all review our Business Models in light of the Coronavirus pandemic. In actual fact, we should review our Business Models on a regular basis (not just now in light of the current circumstances which we all face) to ensure that we are suitably prepared for, and are able to react to, changes in general. As with everything, remember to seek out appropriately qualified and knowledgeable advice.

03.01.2022 The Reserve Bank of Australia (RBA) yesterday announced its official Cash Rate decision for the month of May, and in line with overwhelming expectations held the rate at the current record low of 0.25% per annum, following the twin 25 basis point reductions executed in March. According to present Economic analysis, the RBA indicates that it will keep the Cash Rate at its record low for the foreseeable future with no improvement in Inflation and Labour Market conditions in sig...ht. In a statement released following its decision, RBA Governor Philip Lowe reiterated that the Central Bank would not consider changes to the Cash Rate until its long-term targets of Unemployment and Inflation were met. The board will not increase the Cash Rate target until progress is being made towards full employment, and it is confident that Inflation will be sustainably within the 2% -3% per cent target band Lowe stated. The RBA is expecting Inflation to remain below 2% over the next few years and is expecting the Unemployment rate to hit 10% in the coming months before ending 2020 Calendar Year at 7%. Accordingly, many Economists believe that the Cash Rate will remain on hold for at least the next three years. We at P & J Financial Solutions are therefore of the opinion that for those focused on the RBA’s Cash Rate, the next few years are likely to be pretty boring. The Cash Rate is at the RBA’s long stated lower bound and there is no value in taking it negative, so it is highly unlikely to be cut any further. However, Governor Lowe said the RBA remains prepared to employ alternative monetary policy measures to support the economy. The Central Bank will maintain its efforts to keep funding costs low in Australia and credit available to households and businesses, he said. The Board is committed to do what it can to support jobs, incomes and businesses during this difficult period and to make sure that Australia is well placed for the expected recovery. We are all living in unprecedented times from a cultural, medical, economic, and financial perspective and will probably continue to do so for a period of time into the future. Knowledgeable and experienced advice is therefore of the utmost importance when it comes to borrowing / lending, be it of a personal or business-related nature. As such, do not hesitate to contact Paul and Jason at P & J Financial Solutions for advice, guidance, and assistance through these difficult and puzzling times.

03.01.2022 The Cash Rate has hit a new record low, with the Reserve Bank Of Australia (RBA) today loweing the official Cash Rate from 0.75% per annum to 0.50% per annum marking the fourth cut since June 2019 when the easing cycle commenced. This follows a sharp turnaround in sentiment ahead of the RBA’s Monetary Policy Board Meeting, with analysts initially expecting the RBA to keep rates on hold. In recent weeks, RBA Governor Philip Lowe adopted a more hawkish tone regarding the stat...Continue reading

01.01.2022 Some important news as we approach the end of the current Financial Year. Remember, at P & J Financial Solutions we can arrange finance through a variety of mediums for Asset purchases and Business needs. Do not hesitate, contact Paul and Jason today for knowledgeable, friendly, and specialised advice and guidance.

01.01.2022 Succession Planning is such an important part of Business Strategy, but it is also factor that is often overlooked. Plan for the future, strategize, and obtain relevant and well-informed advice.

01.01.2022 On Friday evening, P & J Financial Solutions were again humbled and privileged to be named as one of three finalists in the Residential Lending Category for Finance Brokerage firms with less than five Brokers at the Finance and Systems Technology Systems Pty Ltd 2020 Business Excellence Awards. To say 2020 has been a challenging year like no another has become a standard comment now, however our Firm remains committed to looking after our Clients to the absolute best of our a...bility and offering quality service, advice, and guidance to all. As 2021 rapidly beckons, we will maintain a focus on building on all of our relationships with our Clients, Alliance Partners, and Referral sources as without your backing and patronage we could not achieve what we have done so thus far. THANK YOU ALL SO VERY MUCH. It is sincerely and thoroughly appreciated and here’s to a wonderful and successful 2021 year ahead !!!

01.01.2022 Food for thought for a Wednesday amidst uncertain times.