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We have become aware of a recent security incident at Firstmac that may have affected your personal information. Ensuring the privacy and security of your data is of course, our utmost priority. What Happened? Recently, FirstMac IT systems were compromised by an unauthorized third party. This breach ledto the unauthorized access of personal data including names, contact details, tax file numbers, and dates of birth. What Are FirstMac Doing? Upon discovering the breach, they immediately launched an extensive investigation withthe help of cybersecurity experts to determine the scope of the incident and secure their systems. This investigation is ongoing, and they are working tirelessly to prevent such incidents in the future. Next steps, recommendations for Your Protection Stay Vigilant: Be cautious of any unsolicited communications that ask for your personal information or refer you to a web page asking for personal data.Contact the Australian Tax Office (ATO): We recommend conta

#1 Get Started! As simple as it sounds many people wait. Wait for a deposit – wait for the right time ” wait for right property. These are all important ” but why not get started and talk to an experienced mortgage broker who can confirm what you can afford ” with buffers in case of one of life “oops” moments comes along ” to buy your first or next home or startinvesting. How long does it take me to understand your options? 10 minutes. Lets have a chat and Ill ask you some of the following :- < FAMILY > – Single / Couple / Dependents – Ages < INCOME > – Salary // Base Income + Car allowance or access to a fully serviced car plus any Overtime / Commission – last 2 years history – Self Employed || 2 years NOA (notice of assessment) or 2 years NOA + full financials (personal + company / trust tax and financials) or 6 months wages to director. – Self Employed || Lo Doc income declaration confirmed with accountant, ABN 2+ years – Alternative Income = BAS / Accountant decl

Hi friends, I’m taking part in Cancer Council’s Hills Relay For Life 2024 and I’ve set myself a goal to raise $480 in 48 hours – I have until 8:00am on Friday! I would be so grateful for your support, every dollar really does make a difference. www.relayforlife.org.au/fundraisers/kelvinmason Thank you 💛

In today’s economic climate, grocery shopping can be one of the most stressful aspects of household management, with bills ranging from $78 to $210 weekly. A key factor contributing to high grocery bills is the clever promotional tacticssupermarkets employ. According to Professor Nitika Garg from the University of New South Wales’ School of Marketing, understanding these tactics is crucial to reducing spending. Supermarkets strategically place essential items like milk, bread, and vegetables apart, encouraging customers to traverse more aisles and potentially make impulse purchases. High-margin items are often positioned at eye level and salesitems at the ends of aisles to catch your attention. A survey by KDM Financial highlights that 62% of shoppers make impulse buys, influenced by store layout and promotions like special discounts and buy-one-get-one-free deals. Additionally, CHOICE’s research found that many shoppers struggleto discern real discounts, often mistaking regular pric

LMI a great option for first home buyers LENDERS MORTGAGE INSURANCE company Helia has released its 2023Home Buyer Sentiment Report, which reveals the stark truth about the challenges first home buyers face when purchasing property. The report found that 78% of first home buyers are finding it difficult to save for a deposit, which impacts their path towardshomeownership. “This is being driven by many factors, including a lack of supply in some areas, high interest rates and inflation rates, and the flow-on effect from other parts of the economy,” says Helia chief commercial officer Greg McAweeney. “As a result,more homebuyers are recognising the value of LMI and other pathways to overcome this deposit barrier and help them achieve homeownership.” With inflation levels leading to a higher cost of living, McAweeney says many people have little room in their everyday budgets to save for a deposit, with 69% of homebuyers indicating they are finding it difficult to cover their livingexp

As the financial year approaches, the June 1 HECS-HELP indexation deadline nears, impacting the student loans of 2.95 million Australians. Early data suggests an increase of 4.2% to 4.8%, potentially adding up to $1,272 to the average studentdebt of $26,494. Since 2005, student loan debt in Australia has surged from $12.4 billion to $78 billion. The repayment period now stretches nearly ten years, with women bearing a larger debt burden. Indexation, based on the CPI, adjusts loans to the cost of living. With rising indexation rates, it’s crucial for borrowers to understand their repayment options, including the strategic use of voluntary repayments. Key 2024 HECS Debt Figures: 2.95 million Australians with student loans $78 billion total debt Average debt: $26,500 Forecasted inflation adjustment: Approx. $900 Stay informed and consider your repayment strategies carefully. #buyinvestlive

HECS and Home Buying – Understanding Your Options. When you’re in the market for a new home, deciding whether to pay off your HECS debt or boost your down payment is crucial. There are several strategiesto consider. Impact on Borrowing Capacity Take, for instance, an income of $110,000. HECS deductions amount to $7,700 annually from your net income, which can decrease your borrowing ability by up to$86,000. This often necessitates adjustments such as choosing a different suburb or downsizing from a house to a unit, or it might even delay your home buying plans. Considerations forYour Deposit As a first home buyer (FHB), you can participate in government programs like the Lenders Mortgage Insurance (LMI) cancellation scheme for properties under certain price thresholds, like $800,000 in NSW. This still requires a minimum of 5%in “genuine” savings. If paying off your HECS could enhance your borrowing power, exploring options for a smaller deposit might be necessary. Alternative Home Buyi

Diving into property investment is exhilarating yet daunting, offering significant return potentials. Here’s a guide to avoid common mistakes in your first investment property purchase: Managing Cash Flow Effectively: Understand Initial Costs: Know the expenses involved in property buying, like stamp duty, legal fees, and inspection costs.Anticipate Ongoing Expenses: Remember, owning a property involves continual costs such as council rates, insurance, and repairs. A contingency fund is advisable.Importance of Budgeting: A well-planned budget identifies financial challenges early. Seek financial advice or use budgeting tools if needed. Being Wary of Rental Guarantees: The Truth Behind Guarantees: Rental guarantees might be misleading as their cost could be included in the property’s price.Compare With Market Rates: Ensure the guaranteed rate aligns with current market rates to avoid overpaying. Understanding Risks in Off-the-Plan Purchases: Weighing Savings Against Risks: Off-

As the trend of self-managed superannuation funds (SMSF) gains momentum, many are seizing the opportunity to take charge of their investment decisions. Particularly, SMSF lending has emerged as a popular choice, offeringsignificant control and flexibility. Here’s why: Available Lending Options: Residential Lending: Up to 80% loan-to-value ratio.Commercial Lending: Up to 70% loan-to-value ratio.Pre-Approval Options: Some lenders offer pre-approval even before the SMSF is legally set up.Servicing the Loan: Most loans are serviced independently, relying solely on the income and expenses within the SMSF. Additional Considerations: Personal Financials: In cases where the SMSF loan does not service, personal financials can be used to demonstrate additional repayment capacity.NDIS Property Investing: High returns make NDIS property investing attractive, either as part of SMSF or as a separate investment. Why Choose SMSF for Property Investment? Control & Flexibility: Tailor your investme

What is it about our great country that makes us so proud, and the previous generations went to war to keep free ? My Country The love of field and coppice,Of green and shaded lanes.Of ordered woods and gardensIs running in your veins,Strong love of grey-blue distanceBrown streams and soft dim skiesI know but cannot share it,My love is otherwise. I love a sunburnt country,A land of sweeping plains,Of ragged mountain ranges,Of droughts and flooding rains.I love her far horizons,I love her jewel-sea,Her beauty and her terror “The wide brown land for me! A stark white ring-barked forestAll tragic to the moon,The sapphire-misted mountains,The hot gold hush of noon.Green tangle of the brushes,Where lithe lianas coil,And orchids deck the tree-topsAnd ferns the warm dark soil. Core of my heart, my country!Her pitiless blue sky,When sick at heart, around us,We see the cattle die “But then the grey clouds gather,And we can bless againThe drumming of an army,The steady, soaking rain. Core of my

The landscape of fixed-rate home loans in Australia has shifted significantly, reflecting a departure from the sub-2% rates previously available. Specifically, the current lowest fixed rates offered start at 5.79%, and for those considering loans from the major banks (commonly referred to as the Big Four), the rates begin at 6.49%. This upsurge in rates underscores the need for potential borrowers to continually monitor the market and compare available loan options, as rates can vary widely between lenders and are contingent upon various factors, including loan termsand deposit percentages (finder.com.au) (mozo.com) A broker like myself can review your Income and provide your options. Simple refinance is still an option ” where you can refinance to lower rates without reference to your income ” so if you income has changed and you don’t qualify the regular way ” you can still reduce your monthly repayments. https://broker.marketing/i/simple-refinance-no-proof-of-income-2