Article by Patrick Lynch, Head of Operations at Long Property In the last newsletter, we spoke about the Banks’ historical view of and current crackdown on Living Expenses. It might now be appropriate to look at some budgeting and income strategies that can improve your financial circumstances (even if you are living within your means) and […]
New budgeting strategies to get ahead
Crackdown on living expenses – what you need to know
Article by Patrick Lynch, Head of Operations at Long Property The loan approval process has become progressively tougher with the impact of regulatory intervention leading to tighter lending policy and longer assessment times. In addition, where previously Lenders primarily focused on income verification, with a limited review of outgoings beyond debt obligations, we are now […]
Impact of Labor’s proposed changes to negative gearing and CGT rules
Despite the economy doing quite well (record jobs growth, and now 26 years without a recession), support for the Coalition has fallen to the lowest level in a decade (see here), so the prospects for Labor winning the next election are very real. A federal election is expected next year, and Labor is still proposing […]