Mr Speaker…”Over 99 per cent of businesses, employing over 11 million workers, can write off the full value of any eligible asset they purchase.”- Josh Frydenberg Budget Speech 11 May 2021 Thanks Josh, but umm…what is a write off and how does it work? Ask any Australian and they’ll tell you, you can “write it off…
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What Is Approval In Principle?
Buying a property can be a stressful time. It’s one of the biggest financial investments most people make. So it makes sense to be as prepared as possible before you go signing purchase contracts. That’s why as part of our process we suggest clients obtain approval in principle before they go looking for a property.What…
Funding Position; More Important Than Borrowing Capacity?
When you’re looking to buy a house, it’s pretty natural to look at “how much will the bank lend us”? But while borrowing capacity (how much can I borrow?) gets all the attention, funding position is equally, if not more important when assessing how much you can spend on a property. So many times a client…