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Welcome to the new financial year! And boy, do we have some updates for you! Including cash rate increases, Government Scheme updates, and Superannuation changes.

Earlier this month the RBA announced that it was increasing rates by 50 basis points, from 0.85% to 1.35%. We help you navigate interest rate rises by:

  • Conducting a rate review
  • Reviewing your loan structure
  • Guiding you through the home buying process
  • Providing you with financial home loan guidance
  • Expertise in your local area

Expanded Home Guarantee Scheme launches – Under the Federal Government’s Home Guarantee Scheme, this month 40,000 new places have become available to help Australians buy their own homes.

Superannuation has also gone up half a per cent to 10.5 per cent this month.

If you have any other questions or wish to chat more about these changes and updates, please reach out anytime!

MORTGAGE INNOVATIONS

We’re a family-owned business with around 8 staff, 15+ years experience and more than $500M of approved loans. By taking time to understand your requirements, we help make your dreams come true with caring, professional service.

Our team of specialists including Gold Coast Finance Brokers, Medical Mortgage Brokers, Varsity Lakes Mortgage Brokers, Gold Coast Mortgage Brokers and Southport Mortgage Brokers  will find the right loan for you.

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IMPORTANT LEGAL STUFF:

This page provides generic information only; it was created without considering your individual goals, requirements, or financial condition. Before accepting any offer or product, we advise you to think about whether it is appropriate for your situation and to assess your entire financial status. It is not intended to be legal, tax, or financial advice, and you should always obtain a professional's opinion regarding your particular situation. All loan products are subject to lender requirements and approval. Fees, terms and conditions apply.

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