Stuart Wemyss 
One of our clients had 5 investment loan accounts with a Big 4 bank which totalled just over $1.2 million. Due to the rate hikes which I have previously written about, the weighted average variable interest rate the bank was charging this client was 4.75% (as all loans were structured as interest only). Our solution …
Over the past few months, the major banks have made some significant changes to interest rates (some of which take affect this week). The government has directed the banks to dramatically reduce the volume of existing and new interest only home loans and investment loans (see here for more on this). What the banks have …
What opportunities could you miss out on this financial year? Many people spend time in June each year rushing around trying to get their end-of-financial-year strategies implemented. It can be a stressful time. Worse still, sometimes people miss out on opportunities to build wealth or save tax (usually both) in a particular financial year because …
A few clients this week have asked me if it’s a good idea to invest a large sum in the share market at the moment (for a variety of reasons e.g. as super contributions, a gearing strategy and so on). I told these clients that I have some real concerns with it – not because …
Are your mortgages liabilities? That is, do you view them as negative things that you would like to eliminate if you had the money? If so, I challenge you to think of mortgages as an asset. In fact, doing so could dramatically improve your financial success. In the olden days… Decades ago, the clear majority …
All the fuss of the 2017-18 Federal Budget was targeted around the big banks, their large profits and the levies which the government intends to impose on them – which we all know will be passed onto the consumer. However, the Budget also included some proposed changes that might impact you personally. This blog provides …
Over two years ago I wrote this blog which espoused the benefits of passive investing. According to Morningstar, in the 2016 calendar year, $340 billion flowed out (net) of active funds management in the US. By comparison, over the same period, $500 billion flowed into passive funds (net). This overwhelmingly demonstrates that investors are voting …
This short 5 minute video explains how to maximise your borrowable equity and why it’s important to do so. I explain what is borrowable equity, how it’s determined, 3 reasons why it’s important to proactively maximise it and how to maximise it. This is an important action in all environments. However, I suspect that it …
If there’s one thing that never changes, it is the fact that the government continues to tinker with the super rules throughout federal budgets and election campaigns. Changing the super rules is an easy way to raise tax revenue as any changes do not tend to cost votes. The reason for this is that for …
In November 2016, several superannuation changes were legislated that confused even their own policy writers! These changes were designed to improve the sustainability, flexibility and integrity of Australia’s super system (which is government talk for: reduce the tax benefits that superannuation offers higher income earners). There are some important changes that could have an impact …
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