The Long Property Show

In our previous episode, we flagged some important changes on the horizon for HECS assessments — and as of this week, those changes have officially gone live. For anyone with student debt, this is big news. Borrowing capacities have now increased, in some cases quite significantly — especially if your HECS/ HELP debt will be […] The post Ep #114 – HECS changes now live, higher borrowing capacity first appeared on Long Property.

Recent policy reforms could significantly boost borrowing capacity for many Australians, particularly first home buyers… Under the changes, certain lenders may now exclude student debt/ HECS commitments from serviceability calculations, effectively increasing how much borrowers can qualify for. This shift could open the door for more aspiring homeowners to enter the market sooner, easing one […] The post Ep #113 – Ignoring HECS for higher borrowing capacity first appeared on Long Property.

From May 2022, the Reserve Bank of Australia increased interest rates 13 times over 15 months. It was one of the most aggressive rate hiking cycles on record. But now, the tide’s turning, and economists are tipping a rate-cutting cycle on the horizon. What does it mean for your mortgage, investments, and financial future? Will […] The post Ep #112 – How the rate cutting cycle might impact you first appeared on Long Property.

Today’s episode is all about money management for property investors – specifically, how to keep your records tidy so you can easily do your taxes and so you don’t miss out on any valuable deductions. If you’ve ever felt disorganised at tax-time or wondered if you’re leaving money on the table this episode is for […] The post Ep #111 – Money management ideas for property investors first appeared on Long Property.

In an effort to stimulate development, the Allan government is slashing stamp duty on Victoria’s off-the-plan apartments, units and townhouses to cut upfront costs, speed up building, and make it more affordable for all buyers to purchase off the plan. This is one of many policies announced in the Allan government’s new housing reform agenda. […] The post Ep #110 – Major housing reform in VIC first appeared on Long Property.

Over the past few weeks numerous lenders have lowered their fixed rate mortgages. They’re not at the level yet where we’re seeing any serious take up, but the conversations are definitely shifting now from those earlier in the year where a lot of fixed rate offerings were seen as being too expensive and only worth […] The post Ep #109 – Fixed rates coming down first appeared on Long Property.

Matt Comyn, CBA’s chief executive, said there was little doubt that the 3 per cent buffer enforced by APRA reduced borrowing capacity, but he argued it reduced financial risks. It is an issue that is being considered by a Senate inquiry, with critics of the buffer saying it is locking many people out of home […] The post Ep #108 – Are lending regs appropriate or too restrictive first appeared on Long Property.

Today’s episode is all about timing—specifically, how to best time your loan application to maximize your chances of success. Whether you’re applying for a home loan, an investment property loan, or refinancing, the timing can make all the difference. We discuss nuances in bank credit policies & documentation requirements which change throughout the year and […] The post Ep #107 – How best to time your loan application first appeared on Long Property.

Here’s an insight from now having settled over $1.0 billion in residential loans for clients… Homebuyers tend to outperform property investors.  Tune in to find out why. Enjoy the show! — The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend […] The post Ep #106 – Why homebuyers outperform property investors first appeared on Long Property.

There is a new tax intended to abolish stamp duty from transactions involving commercial and industrial property in Victoria. The loss of duty revenues will be made up through a new annual ‘Commercial and Industrial Property Tax’ (CIPT). What has confused many people is that the first buyer of subject properties from 1 July 2024 […] The post Ep #105 – Final stamp duty payments for commercial properties in VIC first appeared on Long Property.