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JobKeeper is gone… now what?

For many of the 35% of SME’s who relied on JobKeeper for more than 50% of their revenue, the future is feeling somewhat uncertain – to say the least! Thankfully, there is some relief now available with the release of the last phase of the SME Guarantee Scheme. This phase is being called the SME Recovery Loan Scheme and is …

home building construction site

Announcement: HomeBuilder Scheme Extended

Friday, December 11 2020 The Federal Government have announced that HomeBuilder – the scheme that offers cash grants for housing construction projects – has been extended until March 31, 2021. Currently this scheme provides $25,000 grants to eligible applicants renovating an existing home or building a new one. This programme was due to expire at the end of 2020 but …

home builder tradesperson jumping for joy outside house with plans in hand

Stamp duty discounts announced as Victorian Budget spends billions to reinvigorate economy

October 25th 2020 Victorian home buyers are the BIG WINNERS following the announcement of their State Budget for 2020-21. There is no denying that the Victorian state economy has taken a battering during the coronavirus pandemic. In response, the Victorian Government are offering stamp duty discounts plus an additional spend of almost $50 billion on other concessions, subsidies and projects. …

LIGHT AT THE END OF THE FINANCE TUNNEL

October 2nd 2020 There is no doubt that 2020 has dealt out its fair share of financial woes but there appears to be light at the end of the tunnel. Firstly, the announcement of relaxed Responsible Lending Laws. Secondly, the anticipation of further cuts to the already rock bottom Cash Rate in November. Will this be enough to kick the …

Architect plans new house or extension

Building or Buying? – What Grants are you entitled to?

10th July 2020 Are you thinking of buying or building a new home and confused about what is available? With a number of grants, schemes & concessions available NOW could be the perfect time! With as little as a 5% deposit a new home could be your reality but working out what you are entitled to can be tricky… There …

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Banks Announce Mortgage Loan Support Extension

Wed July 8, 2020 Are you experiencing ongoing financial issues? Australian banks have announced that they will support customers by extending mortgage repayment deferrals by another four months, where applicable. Melbourne is entering their second round of Covid-19 shutdowns this week. At least there is a silver lining with The Australian Banking Association (ABA) and major banks confirming that they …

Housing Stimulus Package

Australian Government Housing Stimulus Package

In their most recent attempt to boost the economy the Government have announced a new housing stimulus package aimed at rekindling property market activity. “Australians will be offered $25,000 grants to build a new home or start a major renovation under near-$700 million federal government housing package in a bid to boost the economy and act as a lifeline to …