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Fincredbl, 401 Dockland Drive, Melbourne (2026)

28/08/2024

Five Benefits of Asset Finance for Australian Manufacturers
Asset finance allows manufacturing businesses to acquire essential equipment and technology without large upfront costs. Here are five key benefits:

1. Improved Cash Flow Management
Preserve working capital: Spread equipment costs over manageable monthly instalments.
Free up cash: Allocate funds for marketing, R&D, expansion, hiring, and operational expenses.
Maintain healthier cash flow: Better manage finances and seize growth opportunities.
2. Enhanced Productivity and Efficiency
Access to latest technology: Acquire state-of-the-art machinery to boost productivity.
Benefits: Increased output, improved quality, reduced waste, and faster turnaround times.
Stay competitive: Regular equipment upgrades keep you at the forefront of technology.
3. Reduced Business Risk
Protection against obsolescence: Regular upgrades keep equipment current.
Flexible terms: Align repayments with business cycles and cash flow.
Potential tax benefits: Interest payments may be tax-deductible (consult your accountant).
Preserved credit lines: Keep other credit facilities available for unexpected needs.
4. Increased Access to Capital
Alternative to traditional loans: Easier access to funds with less stringent requirements.
Support for growth: Crucial for startups, small to medium-sized manufacturers, and businesses with limited credit history or collateral.
Bridge financial gaps: Enable growth that might otherwise be out of reach.
5. Tailored Financing Solutions
Customised packages: Financing aligned with specific needs and circumstances.
Varied loan terms: Match equipment lifespan or cash flow patterns.
Seasonal payment structures: For businesses with cyclical demand.
Balloon payments: Reduce regular instalments.
Inclusive packages: Include soft costs like installation or training.
Asset finance provides manufacturers with the flexibility and resources needed to thrive in a competitive market.
Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

26/08/2024

Secured vs unsecured personal loans
Secured personal loans
A secured personal loan requires collateral, such as a car, home, or savings account, which the lender can seize if you default on the loan. Because these loans are backed by an asset, they typically offer lower interest rates and higher borrowing limits. This makes them attractive for borrowers who need a larger sum of money or who may not have a strong credit history. However, the risk is significant – if you fail to repay the loan, you could lose your collateral.

Unsecured personal loans
In contrast, unsecured personal loans do not require collateral. These loans are granted based on your creditworthiness and income, making them accessible to a broader range of borrowers. While they often come with higher interest rates and stricter borrowing limits compared to secured loans, they carry less personal risk because your assets are not at stake. This type of loan is ideal for smaller expenses, such as consolidating debt, covering medical bills, or funding home improvements.

Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801

21/08/2024

Now is the time to invest in commercial property
A veteran real estate analyst is urging investors to seize opportunities in commercial property, predicting a surge in values across various sectors.

CBRE's Head of Research, Sameer Chopra, believes it's an "amazing time to buy real estate" despite market uncertainties.

He said rapid population growth, high construction costs, and forecasts for significant interest rate cuts will provide a strong tailwind to the sector.

Mr Chopra points to Australia's recent population boom, with over one million new arrivals in three years, as a major catalyst for demand across all property types. This influx is expected to necessitate substantial commercial development, including logistics spaces, retail centres, offices, hotels, and hospitals.

"We are feeling this demand in the residential market, but it's going to spread its wings," Mr Chopra said.

The analyst highlights that construction costs have risen by 30 per cent, making it challenging to build new assets at current valuations. This dynamic is expected to increase the value of existing properties, particularly those near new infrastructure developments.

Mr Chopra predicts a significant easing cycle in interest rates, predicting between eight to ten cuts by 2026. This could lower the cash rate to between 1.85 and 2.35 per cent.

"We need to change the conversation from, 'Are they going to cut interest rates this year?' to 'How many interest rate cuts will there be in the cycle?'," he said.

While some experts consider Mr Chopra's interest rate forecast optimistic, there is agreement that commercial property investment opportunities exist for selective buyers.

Mr Chopra remains bullish on various commercial sectors, noting that CBD office visitation has rebounded to 75 per cent of pre-pandemic levels and expects return-to-office concerns to dissipate by next year.

In retail, Mr Chopra has turned positive following significant rent resets during the pandemic. He cites positive re-leasing spreads and low vacancy rates as encouraging signs for the sector.

The student accommodation market also presents significant growth potential, according to Mr Chopra.

He suggests the Australian market could expand tenfold before reaching the bed-to-student ratios seen in countries like the US and UK.

Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801

19/08/2024

Invoice factoring vs invoice discounting
Invoice factoring and invoice discounting are popular methods for improving cash flow by advancing funds against unpaid invoices. However, it’s important to recognise they differ in key ways.

Invoice factoring
Invoice factoring involves selling invoices to a third-party finance company. The factor advances a portion of the invoice value (80-90%) and handles collections. Once paid, the factor releases the remaining amount, minus their fee. This method offers immediate cash flow and outsourced credit control but requires disclosing the arrangement to customers, which can affect relationships.

Invoice discounting
Invoice discounting allows businesses to borrow against invoices while retaining control over collections and customer interactions. The lender advances 70-90% of the invoice value and releases the remainder minus their fee when the customer pays. This approach maintains customer confidentiality but demands robust internal credit management.

Both methods improve cash flow, with invoice factoring providing immediate funds and outsourced collections, and invoice discounting offering privacy and control.

Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

14/08/2024

Six Key Factors to Consider When Choosing an Investment Property This Spring

With Spring selling season approaching, it's an excellent time for buyers to find an investment property. However, choosing the right investment property requires careful consideration of several factors.

1. Capital Growth Potential
Look at median sale prices in your target suburb.
Analyse price trends over the past few years and compare them to changes over the past 20+ years.
Consider future development plans that may boost property values.
2. Rental Demand and Yield
A property's income potential is crucial. Aim for a positively geared property where rental yield exceeds mortgage repayments.
Investigate rental demand, vacancy rates, median weekly rents, and growth rates.
3. Strategic Location
Prioritize properties near public transport, schools, shops, and amenities.
Safe neighborhoods with positive growth indicators are ideal.
Monitor upcoming infrastructure projects or developments.
4. Property Type
Consider the target demographic of the area.
Houses often offer higher capital growth, while apartments have lower entry costs but may include strata fees.
Match the property type to the location and target tenant demographic.
5. Age and Condition of the Property
Newer properties may require less maintenance but offer lower depreciation benefits.
Older properties might need renovations but could have character appeal.
Always conduct professional building and pest inspections.
6. Property Features
Think like a potential homeowner: practical layouts, natural light, ventilation, extra bathrooms, and parking are key.
Features like home office space or modern appliances can make a property more attractive.
By keeping these factors in mind, you'll be better positioned to choose a profitable investment property this Spring.
Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

12/08/2024

Maintaining a strong business credit score

We often think about our personal credit score, but business owners often forget that a business credit score is also important.

Here are some tips to help improve your business credit score:

Pay bills on time – Timely payment of bills is essential. Late payments can negatively impact your credit score. Set up reminders or automate payments to ensure you never miss a due date.

Monitor your credit reports – Regularly check your credit reports for accuracy. Errors can hurt your score, so dispute any inaccuracies promptly with the credit bureau.

Manage your debt wisely – Keep your debt levels in check. Avoid over-extending credit and aim to reduce outstanding balances. A high debt-to-credit ratio can lower your score.

Build positive credit history – Establish credit with vendors and lenders who report to credit bureaus. Timely payments on these accounts build a positive credit history.

Maintain a healthy credit mix – Use a variety of credit types, such as loans, credit cards, and trade credit. A diverse credit mix can positively influence your score.

Keep old accounts open – Older accounts contribute to a longer credit history, which can enhance your score. Avoid closing old accounts unless necessary.

Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

07/08/2024

Million-dollar suburbs set to surge across Australia

The number of Australian suburbs with an average house price of $1 million or more is expected to increase significantly in the coming year, according to a new analysis.

Currently, there are 857 million-dollar suburbs in Australia – four times the number in 2014 and 17.5 per cent more than last year. Ray White predicts that approximately 99 new suburbs will join this exclusive club over the next 12 months if current growth trends continue.

"Thirty of these will come from NSW, 24 from Queensland, and 18 from Victoria, which means Queensland has a very high probability of overtaking Victoria as the state with the second most count of million-dollar suburbs," Ray White said.

New South Wales continues to lead the nation with 358 million-dollar suburbs, more than double any other state. Victoria holds second place with 176 suburbs, closely followed by Queensland with 174.

Queensland has experienced the most rapid growth in million-dollar suburbs over the past decade, increasing from just seven in 2014 to 174 in 2024, a 25-fold increase. The Australian Capital Territory has seen the second-highest growth rate, with its count of million-dollar suburbs rising from six to 70 over the same period.

Suburbs expected to break the $1 million mark in the coming year include Narara, Erskine Park, and Springwood in NSW; Albion, Broadmeadows, and Brooklyn in Victoria; and Keperra, Chermside West, and Salisbury in Queensland.

In Western Australia, Perth suburbs such as Kingsley, Mullaloo, and Greenwood are projected to join the million-dollar club. South Australian suburbs like Panorama, Hallett Cove, and Woodcroft are also expected to see significant property value increases.

The ACT is experiencing growth as well, with Dunlop, Ngunnawal, and Macgregor likely to exceed the $1 million threshold. In Tasmania, Hobart suburbs including Kingston, Claremont, and Geilston Bay are anticipating house prices climbing beyond $1 million.

This surge in million-dollar suburbs reflects the broader trend of rapidly increasing property values across Australia.

Despite economic challenges, the housing market continues to show resilience and growth, particularly in desirable suburban areas.

As more suburbs join the million-dollar club, questions arise about housing affordability and the long-term implications for Australia's property market. The trend also highlights the growing disparity between different regions and the increasing concentration of wealth in certain areas.

Real estate experts suggest that factors such as location, infrastructure development, and lifestyle amenities will continue to drive property values in these emerging million-dollar suburbs.

However, they also caution that such rapid price growth may not be sustainable in the long term and could lead to market corrections in the future.
Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

29/07/2024

Six benefits of asset finance
Asset finance offers a range of benefits to business owners who want to preserve cash while still growing their revenues.

Preserving cash reserves: Asset finance allows businesses to spread the cost of essential assets over time.

Minimising upfront costs: With flexible payment options, asset finance eliminates the burden of high upfront costs.

Strategic capital allocation: Businesses can strategically allocate capital by investing in revenue-generating activities such as marketing campaigns or new product development to seize growth opportunities.

Tax benefits: Asset finance offers attractive tax incentives, including deductions for asset depreciation, potentially resulting in significant savings for businesses.

Instant Asset Write-Off: Eligible businesses can leverage Instant Asset Write-Off provisions to claim immediate deductions for asset costs, increasing cash flow and reducing tax liabilities
Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

22/07/2024

Childcare assets still appeal to investors

With an average sale price of under $5 million, childcare centres continue to be an attractive option for investors looking to get into commercial property.

According to Ray White, average metropolitan yields remain below 5.5 per cent, with some sales this year as low as 4.8 per cent, rivalling many other more established property asset classes.

The first five months of 2024 have seen just over $200 million in sales, with a strong emphasis on metropolitan assets. However, volumes remain below the peak in 2021, which saw over $1 billion in assets change hands

Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

15/07/2024

The office market evolving to meet demand
The traditional office is getting a shake-up as landlords are being forced to adapt to new working environments.
According to Herron Todd White (HTW), in response to the rising popularity of remote and flexible work arrangements, developers are incorporating versatile layouts and amenities that accommodate both in-person and virtual collaboration.
“As businesses adapt to changing work patterns, technological advancements and sustainability imperatives, the construction and refurbishment of office spaces in Australia is undergoing a transformative phase, characterised by innovation, flexibility and environmental consciousness,” HTW said.

“One of the most notable trends shaping the construction of new office buildings is the emphasis on multifunctional spaces that cater to diverse work styles and collaborative needs.”

HTW said that open-plan designs, modular furniture and adaptable partitions are becoming staples of a modern office as they help foster creativity and interaction among employees while allowing for transitions between individual tasks and group activities.

They said this was a trend that has changed since the experiences of COVID. They also pointed out that refurbishment projects were on the rise, as property owners sought to revitalise existing office spaces to meet contemporary demands.

“By repurposing existing structures, developers not only reduce construction waste but also contribute to the preservation of cultural heritage while meeting the evolving needs of businesses and communities,” they said. “However, the significant escalation in construction costs in recent times is undermining the viability of such refurbishments in a number of Australian CBDs.”

HTW said the future of office construction and refurbishment in Australia was not without its challenges. “Economic uncertainties, regulatory complexities, persistently high construction costs and evolving market dynamics continue to influence decision-making processes, requiring developers and stakeholders to remain agile and adaptive in their approach,” they said.

Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

08/07/2024

Industrial property becomes a prime asset
Demand for industrial property remains at record high levels with institutional investors, however, residential assets are also quietly gaining steam. According to Ray White, industrial property has quickly become the new “prime asset”, as demand for office and retail has fallen in recent years.

Ray White said the industrial sector is currently experiencing limited supply and high demand—particularly as the population grows—leading to values rising. “High demand for institutional-grade industrial assets resulted in significant tightening in investment yields from eight-plus per cent 10 years ago to circa four per cent during 2022,” Ray White said.

They said the strong gains in rents over the past five years were critical in boosting valuations and enhancing the asset class’s perception as a prime asset. “While demand has not dissipated, and limited new supply is keeping occupancy elevated, investment yields have turned a corner in 2023 and 2024 rising in line with increased bond rates and re-rating of the risk profile of these assets,” they said.

“Despite capitalisation rates increasing, the demand and supply profile for industrial is anticipated to keep rates tight, particularly given limited industrial land availability and planning constraints during a time when population and consumption levels are tipped to increase.”

Ray White said the recent increases in rents and values saw unit capitalisation rates overtake industrial, achieving 4.6 per cent in early 2023 when industrial yields averaged 4.2 per cent.

“Industrial yields since this time have increased due to a reduction in capital values, while residential yields have increased off the back of strong income gains during a time of robust capital growth, yet remaining within the long-term band of between 3.6 per cent and 5.2 per cent seen during the last 20 years,” they said.

“These long-term, secure trends in income growth across the residential market, coupled with strong capital gains are now in full view of institutional investors.” Ray White said the reduction in industrial yields over the last five years does make some industrial assets unfeasible.

“Despite this, industrial assets do have similar fundamentals to residential—including constrained land, limited supply, and increasing demand—therefore the outlook for growth is greater than many other commercial alternatives,” they said.

“Institutional investors will continue to seek out strong returning industrial assets which factor in risk appropriately, however, demand will continue to turn a corner for a new era of residential property. making beds and sheds the most sought-after assets for years to come across Australia.”
Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801

01/07/2024

Advantages of debt consolidation

Debt consolidation offers a number of advantages for homeowners who want to take control of their finances.

Simplified repayments: Debt consolidation allows homeowners to combine all their debts into a single, manageable repayment. With just one monthly payment to track, homeowners can better organise their finances and avoid the stress of juggling multiple creditors.

Lower interest rates: Homeowners often accumulate debt from different sources, each with its own interest rate. By consolidating debts into a single loan, homeowners may qualify for a lower interest rate, meaning you can pay back your debts faster.

Improved credit score: Consistently making payments on time towards a consolidated loan can positively impact your credit score. With a lower debt-to-income ratio and a history of responsible debt management, homeowners may see their credit score rise over time.

Use your home loan: Homeowners may have the option to consolidate debt using their home equity through methods like a home equity loan or line of credit and potentially access lower rates.
Disclaimer: This is general information only and is subject to change at any given time. Your complete financial situation must be assessed before any proposal or product is accepted. Australian credit licence number 384324. CRN 542340 ACN661378801.

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