Protecting your inheritance from the lender

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The growth in use of reverse mortgages by asset rich, cash poor seniors is increasing rapidly. As is the awareness by their children that this new debt facility will decrease

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Are you young? Start planning your financial future now

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Are you young? Finally settled into the start of your career. Enjoying seeing your salary increase? Have you just bought your first unit to live in? If you said yes

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How to own your home faster – Home ownership acceleration guide

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Offset An offset account is a bank account just like your transaction account and savings account, however, you do not earn interest. Rather, it offsets the interest you pay on

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If you can’t answer these questions, you don’t have a financial plan!

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Apparently eight out 10 Australians don’t get any formal financial advice. Earlier this year ASIC found that while 44 per cent of Australians said they have a short-term financial plan

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New financial year wealth tips

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Steven Korner a financial planner with Omniwealth details how you can get off to a good start for the 2018-19 financial year. Eliminate personal debt Australia has some of the

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Buy property through SMSF in your 30s

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Omniwealth thinks that investors in their 30s are the perfect age to purchase property within an SMSF. Leaving such a major investment decision until your mid to late 40s may

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Proposed increase in SMSF members from 4 to 6

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In the 2018 Federal Budget the Government proposed increasing the limit on the maximum allowable number of members in an SMSF (and a Small Apra Fund or SAF) from four

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Need to measure household expenditure accurately for lending purposes

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In light of the Royal Commission there has been much scrutiny towards the banks and by mortgage brokers. One of the key findings within the Royal Commission is the lack

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Getting your SMSF compliance right

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Self-managed superannuation funds (SMSFs) now account for the management of almost one-third of all superannuation in Australia. They have become popular with many Australians over the last decade as an

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Expat borrowing for Australian property

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Many expats first contact their bank directly, only to be told it can’t be done. Often this creates an assumption that if their bank does not lend to expats, then

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