Integrity Finance celebrates 15 years in business!

To catch up with this and more news from Integrity Finance Australia, take a look here

Everyday our brain makes multiple decisions. These decisions compound to make us who we are, determining our fitness level, our health and our wealth.

We all know that one day of good decision-making in diet and fitness will not affect our overall health and well-being. It takes time, and commitment. The compound effect of good decisions made day after day is undeniable.

So it is with your financial decisions, which will determine your long term wealth.

Buying property? Make sure you consider theses 7 checkpoints.

Housing affordability is becoming an increasing concern for first home buyers and policy makers amid recent, rapid price increases in housing values. But the double-edged sword of reducing housing values to make them more affordable, is that housing also makes up the majority of Australian household wealth; make housing more affordable for one Australian, and we risk reducing the wealth for another.

Continuing to be a major story - Property owners are happy! House prices are booming. So much for ‘expert’ predictions of a 40% collapse!

Interest rates at 2% are a major driver. Despite low wages growth, housing interest payments have dropped from over 10% of income, to now only being 5% of income, the lowest since 2002. Affordability of repayments is no longer such a problem.

Catch up with the news from the IFA team in the April edition of our newsletter.

Ready to buy your next property? Make sure you consider these 7 checkpoints when buying! Buying a home is a long-term commitment and investment, keep these tips in mind to help get it right!

House prices in Australia are booming, Dingley Village is no exception. So much for ‘expert’ predictions of a 40% collapse!

Catch up with the news from the IFA team in the February edition of our newsletter.

Many Australians with older home loans continue to pay significantly higher interest rates than borrowers with newer home loans, potentially costing them many thousands of dollars over time, the ACCC has found in a report published in December 2020.

As the vaccine is rolled out and Australia recovers from the recession, 2021 has started out as the year of the home buyer. Have you re-assessed your position?

Ironically the Covid-19 lock down has increased savings levels across Australia. That has for many potential home buyers increased their available deposit.

Some media outlets screamed ‘it will cause another financial meltdown akin to the GFC’ following recent Federal Government announcements to curb responsible lending laws.

I have been asked by many clients for my thoughts on this, from my position as a professional accredited credit advisor acting in-between the bank and customer in support of the customer.

The truth is we need responsible lending rules and legislation. There are many vulnerable members of society who will take credit offered to them with insufficient consideration of the consequences, or of their ability to repay the debt.

But is the existing legislation pushing too far?

As the ‘year that was’ draws to a close we have pulled together some insights and some light moments for you in the December newsletter.

We wish you a safe and happy Christmas and look forward to working with you in 2021!

Strong demand for property pushes prices up, 6 benefits to downsizing your home, and Important information regarding pre-Christmas lending.

Read our latest newsletter!

As the Victorian economy struggles through the Coronavirus shutdown, one question keeps coming up: Are property prices about to crash?

Of course there are always the doomsday headline seekers. Professor Steve Keen has been predicting a 40% fall in Australian house prices “within 5 years” since the GFC in 2008. He is infamous for having bet on it happening. Which he lost, subsequently walking from Canberra to the top of Mt Kosciuszko as his ‘punishment’.