Can mortgage brokers get you a bigger mortgage?

Mortgage brokers can provide valuable support on your home loan journey. By looking closely at your financial situation, a broker may be able to recommend home loan offers that closely suit your needs and goals, which could help increase your borrowing capacity and buying power.

Can you claim insurance for car dents?

Car insurance covers you for some of the costs of repairing damage to your car. But is it worth claiming car insurance for a dent?

What is build to rent?

Build to rent is a type of commercial property development that can add additional housing to an area. These projects involve building a housing complex - often an apartment tower - whose developer retains ownership, rather than selling off individual units to owner occupiers and investors. The developer then rents out the units to tenants.

Some of the best home loans in January 2023

What can you expect from home loans in 2023? While the Reserve Bank of Australia (RBA) doesn’t meet in January, at least one more rate hike is being forecast for later this year by Australia’s biggest banks. Whether you’re buying your first home or managing the repayments on your current mortgage, it’s important to get a good idea of which home loans may offer the most value for money in 2023.

What is the average length of a home loan?

Many Australians start out with a 30-year mortgage, though shorter and longer home loan terms are also available from some lenders. The length of your home loan can affect the cost of your repayments, as well as how much interest you’ll pay.

Can I choose a superannuation fund or does my employer choose one for me?

Most Australians can choose their own superannuation fund, though a small number may have limited super options available to them. If you don’t choose a superannuation fund, your employer will choose one for you.

Can you claim home insurance on taxes?

In most instances, you cannot claim home insurance as an expense on your taxes, because homes are used for personal purposes. However, according to the Australian Taxation Office (ATO), you may claim some portion of the home insurance expense if you use your residence to run your home-based business.

Some of the best home loans for investors and refinancers in December 2022

As 2022 comes to a close, what can Australia look forward to in 2023? More rate rises may be on the cards, making it important for investors and refinancers to carefully compare mortgage offers before making any decisions.

Who is still offering low-rate home loans after the December 2022 rate hike?

As Australia’s banks and mortgage lenders gradually pass the latest cash rate hike from the Reserve Bank of Australia (RBA) on to their customers, a few lenders are still offering relatively low home loan rates or have even cut rates for new customers.

How do you pay superannuation?

Superannuation is paid by employers to employees, in both small and large businesses. Employees can also choose to make their own additional super contributions to help fund their retirement lifestyle.