After years of repayments and rising property values across much of the country, many accountants are sitting on more equity in their home than they realise, and that equity can fund the deposit on an investment property without saving a fresh sum from scratch. With variable rates around the 6% mark and lenders assessing every […]

Borrowing conditions have tightened in ways that catch even strong applicants, with lenders required to assess every loan at the borrower’s actual rate plus 3 percentage points under Australian Prudential Regulation Authority (APRA) rules, and variable rates sitting around the 6% mark. For accountants there is an added irony: a profession that understands money better

With variable rates sitting around the 6% mark and lenders still assessing borrowers at their actual rate plus 3 percentage points under Australian Prudential Regulation Authority (APRA) rules, where you hold your spare cash against a mortgage has become a real financial decision rather than an afterthought. Two features dominate that decision: the offset account

Saving a deposit and protecting borrowing power have rarely been harder, with lenders still required to assess every application at the borrower’s actual rate plus 3 percentage points under rules set by the Australian Prudential Regulation Authority (APRA). Against that backdrop, one question comes up often among accounting professionals: do chartered accountants actually get special

Borrowing power in Australia has been reshaped over the past few years, and the rules have not loosened the way many borrowers expected. Even though interest rates have eased from their peak, lenders still have to assess every home loan at the borrower’s actual rate plus an extra 3 percentage points, a requirement set by