APLS Finance Solutions

19/12/2022

Worth reading this article

A routine meeting with her accountant turned into a nightmare for Sue. The retiree is a model citizen for digital security hygiene, but her caution wasn't enough to protect her identity from hackers exploiting this loophole.

24/10/2022

**ACTION NEEDED BY ANYONE WHO HAS THEIR OWN COMPANY**

Director ID's

Just a reminder to anyone who is a Director in their own company (Pty Ltd), that the ATO requires all individuals to have their Director ID set up.

Accountants cannot do it for you. Fines of up to $12,500 for anyone who has not complied by the deadline.

DEADLINE IS 30 NOVEMBER 2022

You need to apply for your own director ID. The fastest way to do this is online using the myGovID app to log in to ABRS online. View this page in other languages or watch our video how to apply for a director ID.

27/09/2022

If you are worried about the Optus Scam, you can place a ban on your report www.Equifax.com.au Equifax will notify Illion & Experian as well. It only takes 3 minutes. Just remember to take it off before applying for a loan etc

Get your FREE Equifax credit report & rating. Manage & protect your credit health with credit identity monitoring from $4.95 p/m

02/12/2020

Great news!!! The homebuilder grant has been extended to 31 March 2021.

Eligible participants who have signed contracts between 4 June and 31 December to build a new home, or substantially renovate an existing home, may receive a grant of $25,000. Contracts from the beginning of next year to 31 March 2021 could receive a grant of $15,000.

If you would like to know more about the homebuilder grant, please get in touch with us today.

13/08/2020

There’s a lot of talk about whether those perfectly convenient food delivery services are harming your credit worthiness.

Will a sneaky Uber Eats delivery really impact your home loan application? Short answer is it all depends.

If you have a lot of credit card debt, yet are ordering in four times a week then it’s not a great look. Like anything, take a common-sense approach, and if in doubt, ask your broker.

National FInance Brokers Day - Wednesday 19 August

11/06/2020

Earlier this week our broker, Gerry Bosco, had a chat with David Bevan from ABC Adelaide Radio, along with Peter Switzer (Switzer) to discuss the current lending market and issues borrowers may need to be aware of when applying for a loan in this current climate.

Gerry's segment starts at 1:04:34.

If you have any queries, please do not hesitate to get in touch with us.

email: [email protected]
Ph: 0437 698 781

https://www.abc.net.au/radio/adelaide/programs/mornings/mornings/12313918

Be part of the conversation with Mornings from 9 - 11 am

05/06/2020

The Australian Government has recently announced a homebuilder grant to stimulate the building and construction sector in response to the downturn caused by the Coronavirus.

Homebuilder is a grant of $25,000 provided to eligible owner-occupiers (including First Home Buyers) to build a new home or to substantially renovate an existing home where the contract is signed between 4th June 2020 & 31st December 2020.

The Homebuilder Grant is in addition to current schemes such as the First Home Buyers Grant and First Home Loan Deposit Scheme, subject to eligibility.

Eligibility

To access HomeBuilder, owner-occupiers must meet the following eligibility criteria:

• you are a natural person (not a company or trust);
• you are aged 18 years or older;
• you are an Australian citizen;
• you meet one of the following two income caps: $125,000 per annum for an individual applicant based on your 2018-19 tax return or later; or $200,000 per annum for a couple based on both 2018-19 tax returns or later;
• you enter into a building contract between 4 June 2020 and 31 December 2020 to either: build a new home as a principal place of residence, where the property value does not exceed $750,000; or
substantially renovate your existing home as a principal place of residence, where the renovation contract is between $150,000 and $750,000, and where the value of your existing property does not exceed $1.5 million;
• construction must commence within three months of the contract date.

To learn more about the Homebuilder Grant, click on the link below:

https://treasury.gov.au/coronavirus/homebuilder?sfns=mo

Get in touch with us today if you have any questions.
Email: [email protected]
Ph: 0420 307 846

HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home. HomeBuilder will assist the residential construction market by encouraging the commencement of new home builds and renovations. You will...

02/06/2020

June 2020: RBA Cash Rate Decision Announced

After implementing the extraordinary mid-month rate cut in March of this year, the Reserve Bank of Australia has this month left the official cash rate untouched. It remains at the record low rate of 0.25%. The bank remains committed to monitoring the state of the Australian economy.

Click below to read the today's official RBA statement by Philip Lowe, Governor.

https://www.rba.gov.au/media-releases/2020/mr-20-15.html

Possible cash grants for home owners

Many of the Federal Governments economic policies are being reviewed at the moment, including the possibility of cash grants for home-owners and first home-buyers.

The government’s fourth stimulus package is expected to be signed off by the national cabinet’s expenditure review committee this week. The home owner grants are designed to prop up the businesses of tradespeople and help the building and housing construction industry.

While we are still waiting on detailed information we can expect there be a number of conditions;

• The cash grants will reportedly be for larger renovation projects.

• They will require renovators to at least match the cash grants, said to be between $20,000 and $40,000.

• Limits and conditions are expected to be placed on the type of renovations included in the grant.

• It is also likely to mainly apply to new home builds.

The full details will be announced later this week. Once we know the specifics, feel free to call us about any questions you may have.

22/05/2020

As the weekend approaches, and many home-buyers planning to do a little house-hunting, we thought we'd share an article we published sometime ago about Property Inspecitions in this week's .

Our Finance & Loan Consultant, Ann-Marie Bosco, had a chat with Noel Flounders, from Adelaide Property Inspections, who answered some of the most commonly asked questions on this topic.

https://www.aplsfinance.com.au/single-post/2018/11/05/What-you-need-to-know-about-property-inspections

Reach out if you have any questions.

Email: [email protected]
Ph: 0420 307 846

Imagine finding your dream home only to discover there’s some serious issues with the property. It might be problems with the roof, water-proofing concerns in

14/05/2020

Applying for a business loan is a completely different process to that of a home loan application.

To ensure you don’t lose your way, we’ve set out a clear path for you to follow.

Learn more in our latest article and download a copy of The Business Loan Preparation Checklist.

https://www.aplsfinance.com.au/business-loan-checklist

Get in touch with us today if you'd like to know more.

Applying for a business loan is a completely different process to that of a home loan application. To ensure you don’t lose your way, we’ve set out a clear path for you to follow.

08/05/2020

With many First Home Buyers thinking about purchasing their dream home, we thought we'd revisit one of our earlier articles which takes a look at what lenders consider genuine savings when applyting for a loan as well discussing whether it could be possible to get a loan without any genuine savings.

https://www.aplsfinance.com.au/single-post/2018/08/27/What-Counts-as-Genuine-Savings-in-a-Loan-Application

Reach out if you have any questions.

Email: [email protected]
Ph: 0420 307 846

When you apply for a home loan, particularly if the loan is for more than 80 per cent of a property’s value, you’ll more than likely have to prove to lend

05/05/2020

May 2020: RBA Cash Rate Decision Announced

At its meeting today, the RBA decided to maintain the current policy setting. The official cash rate remains at the record low of 0.25% pa.

From the statement released by Philip Lowe, RBA Governor,

"The global economy is experiencing a severe downturn as countries seek to contain the coronavirus. Many people have lost their jobs and a sharp rise in unemployment is occurring.

At the same time, the containment measures have reduced infection rates in a number of countries. If this continues, a recovery in the global economy will start later this year, supported by both the large fiscal packages and the significant easing in monetary policies.'

Click below to read the today's official RBA statement by Philip Lowe, Governor.

https://www.rba.gov.au/media-releases/2020/mr-20-13.html