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Save $20,000 on a new off-market townhouse

Looking for a chance to save approx $20,000 on a Newtown townhouse? I've just heard about these 5 off-market townhouses at 430 Latrobe Tce. There are 4 x 2 bedroom and 1 x 3 bedroom. You have an unique opportunity to buy in before the end of June. Yes, that's next week!!! The reason that this is so unique is that stamp duty will be calculated differently from July 1 2017. The end result is that you'll pay stamp duty on the home amount not just the allocated land component as is current. You'll have to move fast! If you're a first home buyer, you'd be in a better position to wait to sign any contracts until after July 1st to take advantage of the Victorian Governments financial incentives for

What ARE the banks doing?

What on earth are the banks doing? Westpac (along with the other big banks) just increased their profits by $150 million dollars annually (what the ???) with their decision to increase interest rates on their variable rate, interest only loans by 0.34% and even with the reduction to principal and interest, variable rate, owner-occupied loans by 0.8%!!! They seem to be constantly raising their interest rates out of the RBA cycle. The banks are claiming that it has to do with taxes placed on the them but why do borrowers need to wear this cost? The Reserve Bank has held rates steady now for the past 11 months but throughout this period we have seen all the major banks asking for more money in

The cost of a new car sale will be more expensive after July 1st 2017

In the market for a new car, work vehicle or family SUV? New cars purchased after July 2017 will incur an additional 1% in stamp duty. This increase will be the equivalent of a further $300 on a $30,000 car. Victoria has had lowered stamp duty since 2007 as part of a Government initiative to support local car manufacturing but will come to an end next month following the collapse of both Ford and Toyota's production lines here in Victoria. Although there are a few political opinions as to why the manufacturing of new cars has decreased, it's fair to say that support in this manner to encourage the purchase of new cars, is not longer needed. Both new and used cars will now attract the same st

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