Blog and Media2019-06-27T17:49:03+10:00

Now is the best time in history to refinance!

Maximising your tax deductions by using a redraw facility

1. Interest rates are the lowest they have ever been. 
2. To get in ahead of the curve prior to income reduction, job pause, job loss or access to finance becoming more difficult. 
3. Move to a lower monthly repayment to improve your cash flow. 
4. Release equity to maximise your cash buffer.  
5. Consolidate debt to make repayments lower. 
6. Receive strategic advice regarding your mortgage strategy or buying a property.
And that’s just to name a few…

April 3, 2020

Covid podcast special #5 – The green shoots – what are the early signs of market recovery?

In the fifth Podcast in our Covid-19 specials recorded on Monday, we turned our thoughts to focusing on the green shoots, sprouting here and there, marking the early signs of recovery. In the last week, state governments have been talking about lifting restrictions, sporting bodies have been working through their plan to get back on the field and elective surgeries are back on the agenda. These are just a few of the things that have the ability to impact market sentiment.

April 21, 2020

Cutting through the noise – In the news

We continue to share our hand selected articles and break them up into categories including ‘Property’, ‘Government Assistance Links’ and ‘Economy’, which includes articles on the Covid-19 data, research and strategies as these directly feed into the analysis of the economy and property markets.

Here is our pick of the best: April 21
1. CoreLogic monthly housing market update
2. NSW, Victoria push to replace stamp duty with land tax
3. Why most Covid-19 forecasts were wrong
4. Australian government plans to bring in mobile phone app to track people with coronavirus
5. School shutdowns could be reviewed, Premier says
6. How to make the most of a crisis
7. Why random testing is the road back to normal
8. And more!

Cutting through the noise – In the news

With so much misinformation out there, to share with you some of the better articles and data we have digested recently. Our goal is to help you ‘cut through the noise’ and provide snippets of the ‘light at the end of the tunnel’, to educate and empower you, our clients and readers, to make great property, mortgage and money decisions. 

Here is our pick of the best: April 14
1. Victoria backtracks on open inspection curbs
2. ‘Recipe for chaos’: Andrews told to end uncertainty and unveil rental rules
3. SMEs have two years to pay deferred rent
4. NSW Government to announce $440 million coronavirus rental assistance with moratorium on forced evictions
5. NSW gives 25pc land tax relief to landlords
6. Infection rate falls below one, raising hopes virus is fading
7. Oxford University says its coronavirus vaccine could be ready by September
8. Prime Minister pivots to an early exit
9. Australia has flattened curve, and US infections about to peak

April 14, 2020

Covid podcast special #4 – The update for residential and commercial landlords & tenants, vendors, Airbnb and your mortgage strategy!

In this episode David Johnston, Cate Bakos and Peter Koulizos take you through:
1. Restrictions on landlords – as the state governments enact ‘no evictions’ for non-payment of rent, preventions on rental increases and inspections done via video conference.  
2. What to do if your tenant is unable to pay rent – if you have a stable income, now is the time to refinance to reduce repayments, get on a lower rate, consolidate debt, access equity to increase your liquidity bridge to get you through to the other side. Be clear on your landlord insurance and what it does or does not cover. Get on the phone with your lender and swap to interest only – ASIC has updated their responsible lending guidelines to allow for this. Repayment pauses are available and should be an option of last resort as most lenders are capitalising interest.  
3. Tenants who are falling through the cracks – international students, those on temporary visas and people casually employed for less than 12 months do not meet JobKeeper and Jobseeker criteria. 
4. Regulations for commercial rentals – if your business has been impacted by Covid-19, your rent must be decreased by 50% of the revenue lost, if you have lost more than 30% revenue, with 2 years to make up the difference.  
5. The longer-term impact to the commercial rental market as businesses successfully work from home.  
6. Lack of regulation for residential rentals as the rental market takes a dip – landlords encouraged to cut a deal with their tenants and real estate agents left to decide how this process is managed. Anecdotally, rents have decreased by 5-15% due to decreasing demand. On the supply side, Airbnb and other properties which were short-stay rentals are set to come onto the market in droves. 
7. Increasing difficulty to sell – as Consumer Affairs Victoria has quickly revoked their regulation announced last week that occupied homes could not host open for inspections.  
8. And of course, our ‘gold nuggets’!  

Cutting through the noise – In the news

With so much misinformation out there, to share with you some of the better articles and data we have digested recently. Our goal is to help you ‘cut through the noise’ and provide snippets of the ‘light at the end of the tunnel’, to educate and empower you, our clients and readers, to make great property, mortgage and money decisions. 

Here is our pick of the best: April 8
1. PM plans staggered virus exit
2. Coronavirus: Why Australia’s death rate is so low compared to other countries 
3. Mesoblast scores virus breakthrough 
4. COVID-19’s intergenerational wealth transfer
5. Crisis calls for a double guarantee covering wages and loans 
6. ‘This is going to change the entire real estate industry’

April 8, 2020

I have worked closely with David Johnston and the expert team at Property Planning Australia for a decade. Their desire to place consumers’ needs first and provide holistic advice sets them apart. I highly recommend working with them to develop your Mortgage Strategy and tailored Property Plan. You will be pleased with the outcome.

Peter ‘The Property Professor’ Koulizos
Australia’s leading property university and Tafe lecturer

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