The Own Money blog
Articles from our team on home loans, property, money coaching and planning for the years ahead.
61 articles · page 1 of 6
A Q&A with Angelo Sirianni (Colledges) and Rory Sercombe (Own Home Loans)
If you’re looking to finance a property – whether personal or business-related – having the right team in your corner can make a significant difference. Working with a mortgage…
Understanding SMSF Lending & Investing: A Comprehensive Guide
Self-Managed Superannuation Funds (SMSFs) have gained immense popularity as a powerful vehicle for managing retirement savings in Australia. With the ability to make investment…
Loyalty Tax
What is loyalty tax? Loyalty tax is the premium rate that you pay for sticking for one lender when the same lender is offering cheaper rates to its new customers. Lenders do…
First Home Buyers Grants/Initiatives
Buying your first home is one of the biggest financial commitments you will make. So, there are countless government programs throughout Australia to make this process a whole…
The parent trap: should you loan to your kids to help them buy?
The average age of first home buyers keeps increasing, with more young people turning to their parents for financial help. But is lending your children money from the “bank of…
Around the Grounds: How COVID-19 has impacted on Australia’s property market
The RBA’s September announcement that the interest rate remains unchanged comes as no surprise. Low rates have long-term implications, but in the meantime, let’s go ‘around the…
Get Out Of Town: Are rural areas the new Australian property hotspots?
2020 has seen a serious slowdown in city property markets, but some rural real estate agents say they’re busier than ever. So, is this simply a result of the pandemic? Or a…
The promise of open banking is big
The promise of open banking is big; a new, simpler way to share your personal financial data between banks, lenders and financial companies. It started on July 1. Here’s how it…
With record low interest rates, a flattening housing market and repeated assertions from RBA governor Philip Lowe that a rates rise is not on the horizon, this may be the right time for first home buyers to strike.
First home buyers looking at the current low interest rates as well as government stimulus incentives, and a property market whose rise has been curtailed by COVID-19, may well…
Remember the Banking Royal Commission? Here’s what the changes mean for brokers and for you.
In May, Treasurer Josh Frydenberg made an important announcement to the country as we began to seriously batten down the hatches in the face of the growing COVID-19 pandemic.…
Making the most of your investment property at tax time
Come July 1 the annual tax window opens again. Property investors may have access to a wide range of tax benefits, but tax is a complicated matter. It pays to be across the…
To fix or not to fix your mortgage interest rate?
Australia’s cash rate is now the lowest it has been in 23 years. As the uncharted negative interest rate zone looms, is it worth fixing your rate? Here’s what to weigh up when…