Mihir Shrestha - Midas Finance

10/09/2026

Australia’s peak property season is underway, and spring 2026 is shaping up as a buyers’ market. Here’s what the experts say we can expect in the weeks ahead. 🌸 🏡

Australia’s peak property season is underway, and spring 2026 is shaping up as a buyers’ […]

03/09/2026

Several of the big banks have pivoted on their rate outlook, and are now predicting rate hikes (rather than no change or a fall) this side of Christmas. It could be a cue for homeowners to plan rather than panic. 😎

Several of the big banks have pivoted on their rate outlook, and are now predicting […]

27/08/2026

Property transactions involve big bucks – and that makes them a big target for scammers. With large sums of money at stake, we reveal what to look out for, and how to protect yourself from property settlement scams. 🔎 🏡

Property transactions involve big bucks – and that makes them a big target for scammers. […]

20/08/2026

Choosing a new car could have a bigger impact on the household budget than ever, as more Australians switch to electric vehicles.

Australians bought a record 140,058 new vehicles in June, according to the Federal Chamber of Automotive Industries (FCAI).

But the biggest story wasn't simply the number of cars sold.

It was the rapid growth of battery electric vehicles.

What's changing?

• Battery electric vehicles accounted for 23.3% of June sales.
• That's up from 7.6% a year earlier.
• The FCAI believes 2026 could prove to be a turning point for Australia's
automotive market.

Rising petrol prices and global uncertainty have encouraged many buyers to look for alternatives, while growing model availability suggests some of the shift towards EVs may be permanent rather than temporary.

For anyone considering a new vehicle, the purchase price is only part of the equation. Running costs, financing and overall affordability all deserve careful thought, particularly if a vehicle loan could affect future borrowing plans.

Before signing a vehicle finance contract, get in touch to see how the purchase could fit within your broader budget.



Want to have a chat:
Mihir Shrestha | Mortgage Consultant
☎️ 0433 261 767
📧 [email protected]

19/08/2026

While rising prices were the talk of the town not so long ago, the tide has started to turn, with property values beginning to soften – but it’s not all bad news for home owners. 🙌

While rising prices were the talk of the town not so long ago, the tide […]

17/08/2026

If buying property through superannuation was ever part of your long-term plan, that may no longer be possible.

That’s because the federal government has changed the rules for self-managed super funds (SMSFs).

While SMSFs can still buy residential property using existing super balances, they can no longer borrow to purchase residential property. Borrowing to buy commercial property through an SMSF is still allowed.

The government said the change will help protect Australians from taking on unnecessary risk with their retirement savings.

Critics, however, argue it removes one pathway that some investors have successfully used to build long-term wealth.

One strategy changes, others remain

While this particular option has been removed, Australians can still build wealth in many different ways, including:

• Investing in residential property outside super.
• Investing in commercial property through an SMSF (subject to the rules).
• Contributing more to super.
• Building a diversified portfolio of shares or managed investments.
• Paying down debt and building equity over time.

Different strategies suit different goals, timeframes and financial circumstances.

Contact me if you'd like to explore your property finance options or understand how the new SMSF rules may affect future borrowing plans.



Want to have a chat:
Mihir Shrestha | Mortgage Consultant
☎️ 0433 261 767
📧 [email protected]

13/08/2026

Eligible first home buyers may want to act sooner rather than later, after thousands of Australians applied for Help to Buy in its first seven months.

The federal government's Help to Buy scheme has reopened with 10,000 places available for the 2026–27 financial year.

Between the scheme's launch in December 2025 and the end of June 2026, more than 7,200 applications were submitted.

A quick refresher

Help to Buy is a shared-equity scheme.

The government contributes up to 40% of the purchase price for a new home or 30% for an existing home, allowing eligible buyers to purchase with a smaller loan.

In return, the government shares in any future gains or losses when the property is eventually sold.

Worth considering? Here's the trade-off

Potential benefits:

• Smaller mortgage.
• Lower repayments.
• Lower deposit requirement.

Things to weigh up:

• The government owns a share of the property.
• Some future capital growth is shared.
• Eligibility rules and property price caps apply.

Income caps have also increased (see table above), meaning more Australians may now qualify. If buying a first home is on the agenda, it may be worth checking eligibility sooner rather than later.

Wondering whether Help to Buy is the right fit? Reach out to compare it with other pathways into home ownership.



Want to have a chat:
Mihir Shrestha | Mortgage Consultant
☎️ 0433 261 767
📧 [email protected]

12/08/2026

Great news! Homeowners can breathe a sigh of relief, with the RBA keeping the cash rate on hold in August. But just because the cash rate is sitting tight, doesn’t mean you have to. 😉⁣

Great news! Homeowners can breathe a sigh of relief, with the Reserve Bank of Australia […]

10/08/2026

If you haven't reviewed your home loan recently, now could be a good time.

Competition between lenders is heating up, with Canstar reporting that more than 20 lenders have reduced at least one variable-rate home loan for new borrowers since 1 May.

Why it's worth checking

Even a small reduction in your interest rate could noticeably lower your monthly repayments.

In many cases, the savings from switching lenders can outweigh one-off refinancing costs such as application fees, discharge fees or government charges, particularly if you plan to stay in the loan for several years.

It's also worth looking beyond the headline rate. Features such as offset accounts, redraw facilities and ongoing fees can all affect the overall value of a home loan.

Don't assume loyalty pays

Many borrowers stay with the same lender for years without checking whether they're still getting a competitive deal.

With lenders competing harder for new customers, now may be a good time to check whether your loan is still competitive.

Wondering whether refinancing could reduce your repayments? Get in touch to compare your current loan with what's available today.



Want to have a chat:
Mihir Shrestha | Mortgage Consultant
☎️ 0433 261 767
📧 [email protected]