An open letter to Banks on behalf of my clients.

An open letter to Banks on behalf of my clients.

I am always open to opportunities with new lenders for my new to bank clients. Under BID (Best Interest Duty) my obligations are clear – and they are obligations on me personally. Banks have absolutely no obligations under BID. This means that in the...
How best to Plan Ahead…

How best to Plan Ahead…

With the Reserve Bank likely lifting rates later today – how best to plan ahead. I asked two clients recently if they were interested in hearing why rates are being lifted – and their answer could not have been clearer … “no – we read your emails because you tell us...
The “Why” about Rates

The “Why” about Rates

Covid came along and no government in the world quite knew how to respond… they planned for the worst. We were all locked up. While they developed a vaccine. Which meant businesses and people lives were about to be financially destroyed. Government: Created Job Keeper...
Waiting For The Crash…

Waiting For The Crash…

I cannot count the number of times in my 25 years of mortgage broking I have heard the “I’m waiting for the crash” reason for delaying a buying decision. First – EVERY buyer (me included) hopes for property to be “down” 5 minutes before they buy and then “up” 5...
Fortnightly…To Be or Not to Be….

Fortnightly…To Be or Not to Be….

Fortnightly …. To Be or Not to Be …. I can tell from the questions I am being asked that rates are starting to have an effect and people are being not only more careful with their money but also trying to create additional value. Tell me who “hasn’t” heard that paying...