Unlocking Wealth: Borrowing for Your Self Managed Superannuation Fund (SMSF) with a Limited Recourse Borrowing Arrangement (LRBA)
This month, we are talking about a finance option that has gained popularity in recent years; that is the Limited Recourse Borrowing Arrangement (LRBA) for Self Managed Superannuation Funds (SMSFs). If you’re considering your retirement savings, or perhaps exploring new investment avenues, this article is for you. We’ll look at the benefits, risks, and the […]
How to Use Working Capital Loans for Business Success:
Continuing our theme of how to use Working Capital Loans for Business Success, we are pleased to provide the third in our series. If you missed the previous articles they are; “Understanding Business Working Capital, a Vital Element for Business Success” and “Driving Business Success: The Essentials of Working Capital Finance” This article goes one […]
Driving Business Success: The Essentials of Working Capital Finance.
In our last article “Understanding Business Working Capital. A Vital Element for Business Success”, we provided an introduction and overview of Business Working Capital. This article delves a little deeper into the reasons why successful businesses use working capital finance. In this article, we’ll delve into five compelling reasons why working capital finance can substantially […]
Understanding Business Working Capital: A Vital Element for Business Success.
In the dynamic world of business, one term that is often talked about, but is not clearly understood is “working capital.” It’s not just a buzzword but a critical factor that can determine the health and success of a business. In this article, we’ll explain the concept of business working capital, its significance and how […]
Why the Cheapest Interest Rate does not always equate to the Lowest Cost Loan:
You are applying for a new loan so you must find the loan with the cheapest interest rate. Why? The interest rate is the measure of the cheapest loan……..right? Yes and No….. The following is an adaptation of a real life example that we recently encountered. The example is real however the names have been […]
Understanding the Bank Loyalty Tax: Are Existing Borrowers Charged More Than New Borrowers?
In the world of banking, customers often expect loyalty to be rewarded. However, a phenomenon known as the “bank loyalty tax” has gained attention in recent years. The term refers to a situation where existing borrowers are charged more by financial institutions compared to new borrowers. In this article, we’ll explore the concept of the […]
Supercharge Your Business for the New Financial Year: 5 Key Strategies for Success
As the financial year comes to a close, it’s a good time to prepare your business for a successful year ahead. By implementing strategic measures and focusing on key areas, you can set the stage for growth, profitability, and efficiency. In this post, we’ll explore five strategies that will supercharge your business for the new […]
Interest Rates: Fixed vs Variable. What is the Difference?
We recently wrote about whether it is a good time to fix your rate. If you missed the article, a link is here. Assuming that you decide to fix your rate, what happens? Firstly, there are two ways to fix your rate: When you fix the full loan amount, your interest rate stays the same […]
Should I Fix My Home Loan Rate?
We recently looked at the effect of cumulative interest rate rises on the repayments for an ‘average’ home loan. The increased repayments were staggering. If you missed the article, a link to it is here: Not surprisingly, we often get asked whether to select a fixed rate, or a variable rate and whether now is […]
Home Loan Rate Rises – the Effect on Repayments
There was an ABC news article this week (link here) talking about the record number of Australians selling investment properties and refinancing mortgages, due to mortgage stress. We’ve looked at the effect of interest rate rises on home loan repayments and the reasons for stress are pretty clear. Since this time last year, the RBA […]
