Malcolm John, Mortgage & Finance Broker, Seek Financial

18/06/2026

Great news for borrowers following the latest RBA decision.
Is your home/investment loan still the right fit for you?
If you are not sure, please reach out via DM or call me on 0411 011 439 to discuss.

At its meeting today, the Reserve Bank of Australia (RBA) decided to leave the cash rate unchanged at 4.35%.

Today's decision reflects the RBA's cautious approach as it continues to assess inflation, economic growth and the impact of previous interest rate changes.

While inflation remains above the RBA's target range, higher interest rates continue to weigh on household spending and broader economic activity. There also remains uncertainty around property prices following last month's proposed taxation changes.

You can read the full statement here: https://www.rba.gov.au/media-releases/2026/mr-26-15.html

16/06/2026

Following the announcement in the recent Federal Budget regarding investment properties, this has led to a number of queries from clients including the following question:

"Can I make my current home an investment property (and purchase another property to live in) and for this property to eligible to receive the 50% CGT discount and negative gearing benefits?"

Assuming the current property was owned at 7.30pm AEST, 12 May 2026, this is an option for clients to consider, however, is subject to a number of factors. If this is something you are considering, I would recommend that you discuss this with your accountant or financial planner. I have attached some recent useful links below.

If you would like to discuss the lending side of this scenario or have any other lending requirements, please contact me:

Mobile: 0411 011 439
Email: [email protected]

Budget 2026-27 https://lnkd.in/gFMpE_Z3
ATO Tax Reform https://lnkd.in/gXiaHnEt

12/06/2026

At Seek Financial, we will support you in the long term and not just with the initial purchasing or refinancing a home. DM me if you have a scenario you would like to discuss.

Owning a home is one milestone. Feeling financially secure is another.

We often celebrate settlement day, and rightly so. But it's just as important to build a financial future that leaves room for family, holidays, unexpected expenses and the little things that make a house feel like home.

At Seek Financial, we're not just here to help you buy a home. We're here to help you build a financial future that feels sustainable.

12/06/2026

If you need a plasterer, give these guys a call. Their work is top notch 😊

14/05/2026

A clear overview of the changes announced in the Federal Budget and what the changes may make to you.

The Federal Budget headline numbers are big. These are the changes most Australians will actually feel day to day.

09/05/2026

Fixed Rate Lock‑In Fee — A Quick Win for Certainty

With rates on the move, many borrowers look at fixed rate options to add some stability to their repayments.

A fixed rate lock‑in fee lets you secure a lender’s advertised fixed rate at the time of application. It protects you from any rate increases that may happen before settlement, for as long as the lock‑in period applies.

Last week, a client chose to lock in a 3‑year fixed rate of 6.39%. We discussed the lock‑in fee, and she decided the certainty was worth it.
This week, the lender increased their 3‑year rate by 0.60%. Because her rate was locked in, she avoided that rise — an interest saving of $5,265 over the fixed term based on her loan amount and an overall saving of $4,665 after the fee was deducted.

Understanding how rate lock‑ins work can help borrowers make informed decisions during the loan process.

The information above is general only and may not be right for your situation. Please consider your own circumstances or seek personalised advice before making decisions.

05/05/2026

In what was an expected move, the RBA have increased the cash rate by 0.25% to 4.35% today. https://www.rba.gov.au/

This increases the interest paid by borrowers on a $500,000 mortgage by a further $1,250 per annum / $104 per month.

If this latest increase has you questioning whether you remain with your current lender, please get in touch with me and I will be able to assist you.

We are Australia's central bank. We conduct monetary policy, work to maintain a strong financial system and issue the nation's currency.

05/05/2026

Client feedback like this means everything. I appreciate the trust this client placed in me and the opportunity to help them with such an important purchase.

12/03/2026

What else can a Finance Broker help you with?

I am also able to assist clients with finance for their business equipment or to finance an upgrade to your car.