How to find PAYG, NOA, Centrelink & ITR- Cheat Sheet

How to find PAYG, NOA, Centrelink & ITR- Cheat Sheet

Monday 15 May 23

How to find your Income statement/ PAYG Summary Head to https://my.gov.au and sign inScroll down until you find a section called ‘Linked services’Click on ‘Australian Tax Office’. This will take you to a new screenClick ‘Employment’ tab and scroll down to the box called ‘Income statements’. Click

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Struggling with Mortgage Stress?

Struggling with Mortgage Stress?

Monday 05 December 22

Mortgage stress is commonly defined as a household spending more than 30 per cent of their (pre-tax) income on home loan repayments. It is estimated that 948,000 mortgage holders (21.1%) were at risk, and another 611,000 (14.1%) were at extreme risk of mortgage stress in

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Comparing Variable and Fixed Rates

Comparing Variable and Fixed Rates

Wednesday 23 November 22

What is a Variable interest rate?A variable interest rate is a rate that may fluctuate over time, as it’s based on an underlying benchmark index that changes periodically. So, if your interest rate was to decrease, your loan repayments would also decrease, and vise versa,

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How to Pay off your Home Loan Sooner

How to Pay off your Home Loan Sooner

Wednesday 09 November 22

Are you struggling with the thought of having a huge debt over 30 years? Worried about the interest rate rises? Here are three questions to ask yourself about your home loan.  Question 1 - How much could you be saving on your home loan, by making

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What is Redraw?

What is Redraw?

Wednesday 09 November 22

 You may want to keep your loan simple, and not add on extras that you don’t want, but what if I told you a redraw facility could benefit you in the long term?!  Let’s start at the basics, what is Redraw? A redraw facility holds any extra/additional

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Bridging Finance

Bridging Finance

Thursday 03 November 22

Found your new home but haven’t sold your old one yet? You should consider a bridging loan. This isn't as easy as it used to be due to new responsible lending regulations, so it is a bit of a tricky one if you don't have

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First Home Buyer Schemes

First Home Buyer Schemes

Tuesday 25 October 22

Are you interested in buying your first home? Here are 6 First Home Buyer Schemes you may be eligible for. 1. First Home Buyer Assistance Scheme (FHBAS) If you’re a first home buyer, you may be entitled to a concessional rate of transfer duty or even an exemption from

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What is a Mortgage Broker, and how can they help me?

What is a Mortgage Broker, and how can they help me?

Monday 24 October 22

If you’re in the market for a new home or to purchase a car, you may be considering whether its better to go to a mortgage broker or directly to a bank. Here are a few things to think about.In the home loan market, a

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2022 - 2023 First Home Buyers

2022 - 2023 First Home Buyers

Tuesday 11 October 22

Preparing For Your First Home Guarantee Application Right team- It's the magical time of the year again, and I've updated this article to show 2022 numbers and requirements for FHG 2022. This fresh baked batch of FHG (Formally known as FHLDS) places has dropped on

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9 Tips for designing a winning kitchen

9 Tips for designing a winning kitchen

Tuesday 11 October 22

The most important room in a home for most property owners is the kitchen. It’s where the family gathers, memories are created and research suggests this area alone can be responsible for up to 15% of a property’s value. Today, a stunning kitchen can be

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Grace Loans and Bethany Massey are Authorised Credit Representatives of BLSSA Pty Ltd, Australian Credit Licence number 391237. Authorised Credit Representative nos. GL: 523940, Bethany: 513202. Content of site may not be fully up to date as lenders are constantly changing their loans and policies. Any advice provided on this website is of a general nature not taking into account your personal objectives and situation. Such matters are important to consider prior to taking any action. Please make an appointment to discuss your specific situation so that appropriate advice may be given with regard to suitable products using current information.