What is the Australian Government 5% Deposit Scheme?
The Australian Government 5% Deposit Scheme (previously known as the Home Guarantee Scheme) is a federal initiative that enables eligible first home buyers to purchase a property with a minimum deposit of 5 %, by having the government act as guarantor for a portion...
Understanding Offset Accounts and Redraw Facilities for Investment Loans
As the Australian housing market continues to evolve, property investors are increasingly exploring strategic financial tools to optimise their investment returns and manage loan repayments. Two common features attached to home and investment loans in Australia—offset...
Changes to Deeming Rates: How Will This Affect Your Pension?
Five years after being cut to historic lows during the COVID-19 pandemic, deeming rates have now increased — impacting how the government calculates your income from financial assets. This change could affect how much age pension or other Centrelink income support you...
Recent Comments