What will the rates be in 12months does anyone think they will be lower again?  I am now waiting to refinance in late 09.  So it will be interesting times.

All okay after 3rd yr no % exit fee just normal discharge fees phew…….!!!! good to see Rates coming down now and RHG and RAMS will be losing a lot of customers after they exit out especially me ….

Hi has anyone studied the Diploma of Lending?  Is it worth studying to understand finance structures better, what did you learn from it?Any thoughts would be great as I am considering studying it for my own personal needs so i can understand more about finance and structures etc.Can anyone here help me learn more about it? 

Bacon as far as i am aware you don't earn interest because if you do, you will be paying tax as it is earned income from the bank.  The interest earned will actually lower what interest you pay on the monthly balance of your Loan. 

Has anyone dealt with Mal Emery business coaching. I did and was sorely ripped off though got a refund! Advice i could have got it from a book! What a joke!

So what everyone is saying is that you  must pay for the offset account with a fee?  I thought it was a free account?can someone explain why.  Also  Terry if you have a debt on your PPOR and you were going to live there for a few years, are you saying that not paying that off would be a good idea?  If you don't pay down the loan you will pay high…[Read more]

yes currently ppor and 1 IP, want to purchase another IP or new PPOR and turn old ppor into IP.

Sorry to be a pain again, Thanks Richard for the advice.  I spoke to one Broker who said it is costly to maintain the Trust with Corporate Trustee etc.  Advised me to buy a few IP's in my own name then later on buy in Trust Structure.  what I am ultimately trying to do is purchase another PPOR with as little as non-deductible debt on it as po…[Read more]

Is it true that the finance is higher if you borrow through a trust though? 

ahahhaaha bought a leased car from work, back '99 it is a Daewoo breakdown Nubira! But i just replaced the head and had it serviced it has done about 253,000km's so if i can get another 3 years out of it i would be quite happy.  Then look at something again maybe 2 or 3yrs old.

try Ross Salvage in Maylands they have some cheap kitchens look good and not to expensive or IKEA have flat pack kitchens

How do you set up a 100% offset account if you have your loan with one Bank and your savings with another Bank.  eg. Loan with CBA but savings account with ANZ. Can you please explain how to set up.thanks

So does this mean a family could effectively rent somewhere else while considering if they want to sell their PPOR into a Trust and then purchase a new PPOR thus turning their PPOR into investment property!

I found out that the yearly rent if rented would only be at the maximum $16200 then you have rates etc on top of that.  the asking price is about $330,00 but i don't think the business is worth much. It is a small retail shop 90m2.  What would be  a fair price to offer?  Not sure how commercial properties work with regard to residential.any advice!

Thanks Scott how do i value the purchase price for the freehold!  is there a forumla?

Good news everyone i have just got a new job offer which may help me with my short term cashflow problem.  So i might not have to sell my IP.Thanks for the help and advice!

having problem accessing the template!

well affordability would be nearer if these people stopped wasting money on brand new cars, plasmas, and all the like.  I still have my TV which is close to 18yrs old a card which is 9 years old. i go without because my investments are more like my health insurance when i get old!  alot of people forget we only need food, shelter and clothes e…[Read more]

get help from your accountant because penalties apply if you get it wrong come lodging your tax return.

yes this is a great forum for asking those hard questions! everyone here is really great and friendly no mucking around here people tell it how it is!