Navigating the path to homeownership can be particularly challenging for junior doctors, whose income is often spread thin across training fees, relocation costs, and exam fees, leaving little room for saving cash for your first home or an investment property. But with property still being one of the biggest growth asset classes in Australia Walshs
Economic Outlook The economic outlook was once again presented by the Chief Economist for KPMG Australia – Dr Brendan Rynne. In 2023, he was one of the 20% of Australian economists that believed there would be no recession in the technical terms (two consecutive quarters of negative growth in real GDP), but he advised that
Becoming a homeowner is a significant milestone that often begins with a myriad of questions, uncertainties, and excitement. For first home buyers, understanding the intricacies of the property market and navigating the mortgage landscape can be a daunting task. That’s where a mortgage broker becomes an invaluable ally, guiding prospective buyers through the complex process
The Queensland government has recently implemented a significant boost to its First Home Owner Grant, branding it as a “cost of living boost” for aspiring homeowners. This initiative sees a substantial increase in the grant from $15,000 to $30,000, a move anticipated to benefit approximately 12,000 first-time home buyers before the offer expires in June
By now you would have heard about the asset class Build to Rent (BTR), which is a relative newcomer to the Queensland market. What does it entail, what are the benefits, and, of course what are some of the current tax considerations relevant for developers. What is it and what are the benefits? In Australia,
When it comes to securing a home loan, many prospective homeowners are understandably drawn to the idea of finding the cheapest interest rate possible. After all, who wouldn’t want to pay less in interest over the life of their loan? However, it’s essential to recognise that the cheapest home loan rate might not always be
Despite this month’s rate respite, borrowers are feeling the pain. Walshs Finance’s Donna Sutherland outlines one simple way to get ahead. August 2023 is the first month that borrowers will feel the full impact of 12 cash rate rises since May last year because lenders can take a few months to pass on the full
Structuring your home loan to get the best possible tax outcomes as a doctor is vital, considering the huge amounts you send to the tax man every year. At Walshs, we are specialists in not only securing market-leading home loans for doctors but in supporting your future wealth health. As such, we’ve created this handy
If you’re the indecisive type, chances are you’ll run into a more than a few confusing crossroads when buying a new home. One of the choices that may leave you scratching your head is whether to take out an interest-only loan. A what loan? According to Walshs specialist mortgage broker Donna Sutherland, an interest-only loan
From home renos to humble new abodes, unlocking equity opens the door to a wealth of opportunities. If you’re a homeowner, continue reading to learn more about equity – and how you can access it to supercharge your financial status. The lowdown on equity According to Walshs mortgage broker Karen Holmes, equity is the difference