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“We’re making changes to home loan rates” – Your Bank

Why has my bank sent me a letter advising a rate rise when the RBA has not lifted the cash rate? Why has my rate increased on the same day that my mates went down? Over recent weeks many of you would have received correspondence from your bank advising of a rate increase to your home loan. This is despite the fact that the last time the RBA moved the cash rate was a reduction in August 2016. So why are the banks increasing your interest rates? Regulation. The banks have made changes to manage demand in line with market…

More Bang for your Buck

Start planning NOW to maximise your tax refund next year! We do a lot of tax returns. One thing we constantly hear our clients say is “I didn’t know I could claim that!” or “I wish I had kept my receipts!” What’s the best way to avoid disappointment at tax time? Start planning NOW. To help our clients we’ve been giving them a report of what strategies they can implement to maximise their refund next financial year. Here are our top 3 strategies: Keep a Log Book for your Motor Vehicle Expenses If you use your motor vehicle for work…

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