Your Finance People

18/05/2026

05/04/2022

20 cents a litre saved in a car with a 100 litre tank equates to $20.00 if you filled the car up from empty. If you did that once a week, it’s $1000 each year. Yep, that’s a lot of money.

People will queue at this servo (I know this place well) for 20 minutes to get that bargain, but they won’t bother “wasting time” to engage a broker (for free!) to investigate refinancing their home loan and saving them thousands each year in interest.

They’re not mutually exclusive folks, we’d love you to do both 😊

A Central Coast petrol station has sent motorists into a frenzy - selling fuel more than 20 cents below the region's average. Drivers have flocked to the West Gosford Metro after weeks of record high prices.

01/03/2022

As expected, the Reserve Bank today confirmed that the official cash rate will remain at 0.10%.

Markets have been speculating about an increase in rates as early as June this year, due to inflation being within the RBA’s targeted band of 2-3%.

Signs of inflationary pressure are under scrutiny, particularly, any price rises due to commodity supply chain issues resulting from Russia's invasion of Ukraine and the flood disasters in Queensland and Northern NSW.

Your Finance People’s brokers work with a large panel of lenders, from the “Big Four”, to more specialised lenders, and with these historic record-low rates, they can find you just the right product now.

29/01/2022

I drove past a petrol station on the NSW Central Coast today where (as it does every day there) the queue ran out onto the three lane highway and almost 100m down the road, all for petrol that was 10c a litre cheaper than the average price.

And it made me think. Why do so many people put so much time and energy into saving $5-$10 on their fuel, but can’t be bothered to spend that same time or energy on asking a finance broker to save them potentially THOUSANDS of dollars a year on their mortgage repayments, and all without charging them a cent?

If you’re interested in someone finding how they can save you money on your mortgage, all at no charge, please reach out to us at Your Finance People.

07/12/2021

The RBA today confirmed the official cash rate would remain at 0.10%.

This came as no surprise as it had already declared that to consider an increase it needed to see underlying inflation between 2% and 3% on a sustainable basis, full employment and materially higher wages growth.

Increases to the total inflation rate of the nation, primarily impacted by rising costs of fuel and new housing, have increased speculation that rates may rise before the RBA's forecast date of 2024.

Home loan interest rates are still at historic lows, however, this speculation has seen some lenders increase their fixed rates.

We recommend reaching out to your mortgage broker or Lender to have a conversation about your mortgage, and how these rate narratives may impact your borrowing capacity to invest in the future.

30/06/2021

Happy New Year!

New financial year, that is!

If you’re looking to take action this year to keep your financial health intact, please reach out. With a panel of professionals such as Accountants, Finance Brokers, Planners and Lawyers by our side, we have the right people to work for you and with you to achieve the financial goals you are aiming for.

24/05/2021

So, how much do you earn an hour? Not because we want to pry. But because all it takes is one hour of your time to prepare and send information to a Finance Broker who can work for you for free to save you thousands of dollars a year in your home loan repayments. So if you’ll work for $25 or $35 or $45 an hour, surely you’d work that same hour for $3000?

12/02/2021

Interest Rates To Remain Low Through to 2024.

The Reserve Bank has acted to keep the record low interest rates at rock bottom until 2024 and has furthered its bondbuying program by another $100 billion.

The RBA has kept the cash rate at 0.1%, with a lowering of its unemployment forecast to 6% by the end of this year (down from the 6.5% it forecast three months ago). Inflation and GDP forecasts have also been upgraded.

RBA governor Philip Lowe says the economic recovery has been faster than expected and GDP is now expected to return to its pre-pandemic level by the middle of 2021.

“The economic recovery is well under way and has been stronger than was earlier expected,” he says.

“The board will not increase the cash rate until actual inflation is sustainably within the 2-3% target range. As such, we do not expect these conditions to be met until 2024 at the earliest.”

22/06/2020

One of our preferred Finance Partners shared this, and we thought we’d pass it on :))

Confused about how the Government's new scheme will work? Here's a helpful explainer.

More details: http://9Soci.al/LyII30qMt07