LEKSI Finance Solutions

28/05/2025

With the end of financial year approaching, now’s a great time to consider tax-effective strategies. One option is prepaying interest on your investment loans.

By paying the interest on your investment loan in advance, you can potentially reduce your taxable income and save a significant amount of money. This strategy allows you to deduct the entire interest payment in the curr...

15/04/2025

With interest rates on the decline and more cuts expected, now could be a great time to review your home loan. Refinancing might save you thousands—worth checking if your current deal still stacks up.

Refinancing your home loan involves replacing your existing mortgage with a new one that offers better terms and conditions. This can include obtaining a lower interest rate, extending the loan term, restructuring securi...

12/03/2025

Property investment is a well-established path to wealth creation, offering potential capital appreciation, rental income, and tax advantages. To maximise returns, savvy investors leverage property investment loans for funding and maintenance while utilising depreciation strategies to unlock significant tax benefits. Understanding and applying these tools effectively can enhance overall returns and support long-term wealth building.

Property investment has long been recognised as a lucrative avenue for wealth creation. By acquiring real estate assets, individuals can benefit from potential capital appreciation, rental income, and tax advantages. How...

16/12/2024

Dreaming of that big family holiday or buying a campervan? A home loan top-up could make those goals a reality. By accessing the equity in your home, you can borrow additional funds to cover personal expenses like a dream getaway, a car purchase, or even consolidating debts—all without taking out a separate loan. It’s a smart way to use your home’s value to achieve what matters most to you, with manageable repayments and the convenience of keeping everything under one loan.

School holidays are on and the long summer is ahead of us. You have been dreaming of taking your family on that big adventure overseas, but the cost has always put a hard stop on it. Did you know that you could fund your...

19/11/2024

Securing funding for self-employed individuals is no small feat, but with the right guidance and approach it is absolutely achievable!

Securing a home loan can be a challenging process, especially for self-employed individuals. The unique nature of self-employment income often makes it difficult to meet traditional lending criteria. However, there's goo...

22/10/2024

Is an offset account worth the extra cost? It can help you reduce interest and pay off your mortgage faster by offsetting your loan balance with your savings - but this convenience often comes with additional fees.

The concept behind offset accounts is simple, yet its impact on your finances can be profound. By keeping extra cash in your offset account, you are effectively earning the same interest rate as your mortgage, but in sav...

19/09/2024

Spring has sprung - it’s a perfect time to start thinking about that dream reno!

Embarking on a home renovation project can be an exciting yet daunting journey. While the prospect of transforming your living space into a haven tailored to your needs is enticing, the financial implications can often b...

28/08/2024

August was a month of yellow!

We joined Commonwealth Bank for their first commercial broker update of the new financial year. Property took centre stage with detailed insights from Herron Todd White. We learned about the ongoing demand for new developments fuelled by population growth, how high development costs are boosting the value of established assets, and the strong interest in properties near transportation hubs and in inner areas.

We also had a fantastic time at the bank’s table for Help Enterprises Charity Lunch, a cherished event on the city’s calendar. It was a pleasure to support a great cause and hear from an inspiring Olympics-themed speaker panel.

24/07/2024

Rising property prices have become a hot topic. What's the science behind it?

The real estate market in Australia has been on an upward trajectory, with property prices soaring across various regions. This phenomenon has been particularly pronounced in Queensland, where a confluence of factors has...

21/06/2024

Considering a digital lender for your next home loan?
If you prioritise convenience, speed, and competitive interest rates, digital lenders might be the ideal choice for you. They often provide a streamlined application process, saving you time and effort. But they may lack personalised service, flexibility, and the convenience of managing all your financial products with a single institution, which are normally found at traditional banks.

In this modern, digital era, online lending platforms have emerged to challenge the traditional banking system. Digital lenders, also known as online lenders, are financial institutions that do not have physical location...

09/05/2024

When navigating the property market, having a thorough understanding of how lenders determine your maximum borrowing capacity for a home loan is essential. By making well-informed decisions and having a clear view of your financial situation, you can obtain the right home loan for your specific needs and achieve your property goals.

Understanding how lenders determine your maximum borrowing capacity for a home loan can be complex, particularly if you are new to the property market. Essentially, your borrowing capacity is the amount a lender is willi...

26/04/2024

Earlier this week we attended the dinner hosted by Moore Australia, where we heard from the Hon. Glenn Butcher MP, Minister for Regional Development and Manufacturing and Minister for Water.

The event not only underscored the importance of regional development but also provided a platform to connect with influential business leaders from diverse sectors, all united in driving our economy forward.