Keep Calm & Mortgage On

10/12/2020

Australia was first to pioneer this and now UK is following - 5% deposit home loans

The PM told the virtual Tory party conference today that he hoped the mortgage plan would create two million new home owners.

10/12/2020

Interesting article about how Kung Fu Soccer Actor Stephen Chow - uses mortgages to get out of hard times

HONG KONG (The Straits Times/Asia News Network): Actor and director Stephen Chow has reportedly mortgaged his mansion in The Peak, the exclusive and expensive hill-top neighbourhood in Hong Kong, amid possible financial woes.

13/10/2020

02/04/2019

The cash rate has remained on hold at a record low 1.5 per cent since August 2016

08/05/2018

Budget 2018–19 released

$227.4 million to increase the Pension Work Bonus from $250 to $300 per fortnight to earn up to $7,800 each year without impacting their pension - and be extended to self-employed retirees without impacting their pension too;

$20.2 million to amend the pension means test rules to encourage the development and take-up of lifetime retirement income products that can help retirees manage the risk of outliving their savings;

$11.0 million to expand the Pension Loans Scheme to everyone over Age Pension age and to increase the maximum fortnightly income stream to 150 per cent of the Age Pension rate to “enable Australians to use the equity in their homes to increase their incomes”;

$10.6 million over two years to the Australian Securities and Investments Commission (ASIC) to assist in its involvement in the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (offset by an increase in levies);

$2.7 million in 2018-19 to the Australian Prudential Regulation Authority (APRA) to assist in its involvement in the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (offset by an increase in levies);

$10 million for initiatives that “develop women’s financial capability” and put “women in control of their financial lives” as part of a $50 million fund to promote the financial capabilities of Australian consumers;

making the ATO proactively find Australian workers’ “lost super” and automatically send it to active superannuation accounts “ensuring it doesn't get eaten up in ongoing fees”;

banning exit fees on superannuation accounts for when consumers want to change funds;

stopping superannuation funds from “forcing young people under 25 or with low balances to pay for life insurance policies they have not asked for or do not need”;

legislating a Consumer Data Right to give Australians greater control over their data and share it safely with trusted and accredited service providers – which will be first applied to banking;

$100,000 to promote Australia internationally as a financial technology (fintech) destination; and
extending the $20,000 instant asset write off to 30 June 2019 for business with aggregated annual turnover less than $10 million.
Speaking after delivering the budget, Treasurer Scott Morrison said: “A stronger economy. More jobs. Guaranteeing essential services. The Government living within its means. That is what this Budget is about…

“In this year's Budget there are five things we must to do to further strengthen our economy to guarantee the essentials Australians rely on.

Provide tax relief to encourage and reward working Australians and reduce cost pressures on households, including lowering electricity prices,
Keep backing business to invest and create more jobs, especially small and medium sized businesses,
Guarantee the essential services that Australians rely on, like Medicare, hospitals, schools and caring for older Australians,
Keep Australians safe, with new investments to secure our borders, and, as always,
Ensure that the Government lives within its means, keeping spending and taxes under control.”
Mr Morrison said that the Budget deficit would be $18.2 billion in 2017-18, and $14.5 billion in 2018-19.

He added that the Budget is forecast to return to a modest balance of $2.2 billion in 2019-20 and increase to projected surpluses of $11.0 billion in 2020-21 and $16.6 billion in 2021-22.

31/12/2017

Happy new years! I don't know what is your new years resolution in 2018! But it better be getting a better rate in 2018! #2018

21/12/2017

Last meme of the year my jolly followers! This year I shelled out some sharp rates and wiped out an army of old school bankers who thought they knew what low rates is all about.

Want a machine gun broker who is always going to kill when it comes to cheap home loan rates? Call me or PM me and let's talk NEXT YEAR! MERRY XMAS! AND HAPPY NEW YEAR!

20/12/2017

Thinking about changing jobs in 2018 because your current job sucks? And worried you won't be able to get a home loan? Don't stress out. I got 40 lenders who got your back covered. One week in your new job is all it takes to get a home loan with me.

19/12/2017

Hey meme fans! I'm back. Just had a busy month due to the xmas rush with clients wanting to settle early! Feeling the pinch of home loan rates going up? Call me today or PM today for a better and cheaper home loan rate!

18/12/2017

Merry Christmas and Happy New Year from all of CWF GROUP! Hope you loved watching my videos and newsletters and see you again in 2018! With more news to you via the convenience of your smart phone!

13/12/2017

Xmas conference today with nsw brokers