What is an employer’s superannuation contribution liability?

All employers are required by law to make certain contributions to their employees’ super funds. These contributions are a percentage of the worker’s wages.

Can I get a home loan with unpaid credit card debt?

Getting a mortgage with credit card debt can be difficult, as lenders may decide that you have low borrowing power. Check if you can cancel a credit card.

Can first-time homebuyers get a renovation loan?

Lenders may approve a renovation mortgage for first-time homebuyers if there’s an acceptable reason for the renovation. Lenders may not agree to let you borrow money for renovation unless you have a valid reason. Some of the reasons lenders may accept could be.

Can I cancel a home loan before settlement?

The settlement is the last step in the home buying process, when the lender provides the funds for you to purchase the property and register a mortgage against the title of your new home. 

Buying a second property with a second home loan

Once you purchase your first property, you think that buying the next one would be easy. However, the property market and the lending industry may have changed since the time you brought the first property. Let’s take a look at some factors you should consider while buying a second home.

What is an unconditional home loan approval & can you be denied after approval?

You can start house shopping with a conditional home loan, but you’ll only receive the funds after you get final unconditional home loan approval.

Can I get a home loan without my spouse?

If you’re part of a couple, it’s often easier to get a home loan with your partner because you can pool your incomes and assets. But if you’re partnered and wish to buy alone, applying for a loan without your spouse may still be possible. 

What you should know about the Productivity Commission’s superannuation inquiry

What you should know about the Productivity Commission’s superannuation inquiry

What is the bring-forward rule in superannuation?

You may consider boosting your superannuation account by maximising your contributions using the bring-forward rule. Learn more about how this rule works and who is eligible for it.

Will a personal loan affect my mortgage application?

Personal loans can affect your mortgage application, and it can be good or bad, depending on the situation. Learn more about how personal loans can impact your home loan eligibility.