Can Refinancing Investment Property Save You Money? Refinancing investment property portfolios can be a very worthwhile choice, providing you with savings and the opportunity to own your properties sooner. Our clients had a portfolio of three separate properties – two were investment loans and one was their own family home. Their portfolio had them locked into…
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In this article we provide a snapshot of Australian superannuation changes which come into effect on 1 July 2021 and their implications. Below we cover: Super guarantee rate changes New stapled superannuation employer obligations for new staff Superannuation contributions caps Transfer balance cap Minimum superannuation drawdown If you have any questions about superannuation implications for…
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Do you own a small or medium sized business? Our latest article might be for you! In this blog we look at Single Touch Payroll Reporting, and some previous exemptions that are changing on 1 July 2021. What Is STP Reporting? With Single Touch Payroll, businesses report employee’s payroll information, including salaries and wages, superannuation…
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Those who have been affected financially due to Covid-19 can have early access to superannuation. Those who elect to withdraw moneys out of their super will not be taxed and do not include it in their tax return. Is this too good to be true? Could it damage your chances of getting a home loan?…
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A $25k HomeBuilder construction grant has just been announced by the Federal Government to give eligible Australians a helping hand and to boost the construction industry. This is good news for those planning on building their dream home or carrying out major construction work on their existing owner occupied house. The aim of the scheme…
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Have you thought about refinancing to save money? Everyone is always looking for new ways to save some extra cash, especially in these uncertain times. With the lowest ever interest rates there has never been a better time to consider refinancing. Chances are if you’ve been with the same lender for a number of years…
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Here is an outline of the Coronavirus stimulus package proposals made by Scott Morrison this week to help Australians weather the economic impacts of Coronavirus. Importantly this package is a proposed package and the changes are not yet in effect until passed into Legislation. Instant Asset Write Off Currently the instant asset write off is $30,000 for small…
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Does the thought of saving money sound appealing to you? We recently helped a client with his home loan refinance Eatons Hill to save 0.96% on his interest rate as well as providing cash-out for renovations. If you’re looking for a fresh approach and expert advice, speak to Dream Financing. Here at Dream Financing, our…
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