Regional Loan Security Reform

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Recently we have become very aware of the lack of competition in regional Australia for loans. (Disclosure: we own property in regional Australia.) If one looks at a regional town like Burra, a charming town of about 1,000 north of Adelaide, many lenders will not grant any security values to properties there. So, in a town like Burra, most of …

Money Magazine Feb 2020 Ask the Expert

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Recently Steve was asked to contribute to the next issue of Money Magazine. The final article will appear in next weeks February 2020 issue of Money Magazine. In the meantime, we thought we would share with you the case study and our response to it. NAME: Kelly and Dean STATUS: Home owners who have just bought an investment property. QUESTIONS: …

Pressure Cooker Savings

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Well it is definitely winter now, and so one’s thoughts turn to your slow cooker, right? If they do I would like to recommend to you the Pressure Cooker. I bought mine some time ago (I got this bad boy from K Mart. The current version has different options but can be picked up for just $59 at the moment). …

Glenys Cook: Putting Clients in the Sweet Spot

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Glenys Cook knows firsthand the importance of a good insurance policy. A few weeks before she was diagnosed with breast cancer, she cancelled her critical illness insurance on a whim. “I thought, ‘Oh, I don’t need that,’ ” Cook says. “I still kick myself for cancelling it.” Cook’s was a particularly aggressive form of cancer, and her medication, which wasn’t …

A Changing Mortgage Market

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We are experiencing a changing mortgage market. The other day I was speaking to a retail banker who said to me that there had been more changes in the Australian mortgage market in the last 12 months than in the last 25 years of his working life. I agree with him! Things are gettting tougher for borrowers. What’s Driving The …

A Good Ethical Investment with Great Returns

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The idea of ethical investment sounds good, but until recently we have had difficulty finding a fund that we could confidently recommend to clients. We believe we have found an ethical fund that has great merit (more on that later). But first a few points on why ethical has been hard to deliver: 1) Lack of Clarity One of the …