Someone has more time on their hands than us! A good sense of humour and a nice even match...... Does this mean the clock is ticking for the Queen or that she has been our monarch for 60+ years now and has done a brilliant job! (taken from FB)
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Nearly a quarter of all properties advertised in Australia are distressed sales, according to the figures released by valuation group LandMark White. LandMark White found that almost 23% of properties advertised in Australia during the quarter were listed by a mortgagee, receiver or liquidator. See the picture for the percentage of total distressed sales by state. Please note this includes commercial not just residential property. Those with employees take note To help grow Australian workers' savings for retirement, the compulsory super guarantee rate will gradually increase from 9% to 12%. When you make super payments on behalf of your employees based on the minimum 9% super guarantee rate, you will need to increase this rate on which you base your calculations to 9.25% on 1 July 2013. (thanks to Accountant Rick Mandelson of Business Supporting Business) So, the current rate is 09.00% on the following dates the increment will be as follows: 1 July 2013 09.25% 1 July 2014 09.50% 1 July 2015 10.00% 1 July 2016 10.50% 1 July 2017 11.00% 1 July 2018 11.50% 1 July 2019 and onwards 12:00% Hung was born in 1960. She has four children who have their own families. Hung raises pigs, grows rice and performs labour to earn a living. In the last cycle she borrowed 6,322,000 VND and repaid the loan on time. Thanks to Wilson Financials contribution - Hung's loan is now fully funded. Take five minutes out of your day.... why not fund a KIVA project and make a difference to someone's life today! http://www.kiva.org/lend/561263 Wilson Financial has undertaken to loan four separate KIVA small businesses to ensure that the impoverished communities can become healthier and more sustainable.. KIVA has partnered with financial services which are united by a common commitment to serve the needs of people at the bottom of the pyramid - either through financial services or by using credit to help expand access services and support. Get on board.... Check out Kiva now! Take action today and help to build this global village. Local mortgage broker goes tech savvy Local mortgage broker Liz Wilson of Wilson Financial is changing the way her clients interact with her business. Her latest innovation, and iPhone and Android app called the “Wilson Financial Pocket Wizard” will calculate stamp duty, borrowing capacity, even a home loan health check at the push of a button. If you want to know the RBA cash rate release the minute it happens, a push notification will be sent to your phone, it doesn’t get much better then that. With nearly 100 downloads since it’s release last month her clients are snapping up this new product and you can too, it’s all free. Wilson is known as a tech leader in her industry, with a one thousand strong twitter following, regular blogs, LinkedIn, and both personal and business facebook pages, she’s everywhere. “We’re now using VoiP phones, and cloud backup, we print wirelessly and we synchronize contacts with all of our devices. We’re at a point in the business’s growth where using any form of technology to give us an edge is important. All staff use two screens to speed up our process’s, for instance, I’ll have three soon.” Says Wilson. The man behind the iphone app business is innovator Adam King, the director of Mi Biz Apps who built the Pocket Wizard for Liz. He builds custom-branded apps that assist users throughout the entire process of obtaining a home loan; filled with handy calculators, a multitude of features and most importantly Wilson Financial contact information and unique business branding. Adam will soon be able to offer solutions to other industries such as Real Estate and Accountants, and Liz urges others to jump on board with his services. “they blew me away with their service”, says Liz, ‘turnaround times from Adam and his team were astonishing. Any concept I threw at them, they had it ready in days. They were extremely accommodating and patient, as I can be a real perfectionist. I was able to talk to Adam throughout the process which was really fantastic. I feel he is revolutionizing our industry.’ Liz has personally enjoyed sharing her new app with clients, her staff, and business associates, including referrers and other mortgage brokers. She says, ‘the feedback has been tremendous and the app is already creating a buzz! I feel technologically validated and completely thrilled to have this handy little tool, not just at my disposal, but everyone else’s.’ Technology is changing how we communicate and do business, and apps provide an exciting introduction tool between business people. ‘A quick flick of the text and I can send the link to someone’s phone,’ says Liz, ‘it’s the new business card’. And then you might not be so concerned! ....... Hyperinflation in Zimbabwe began shortly after it's civil war and confiscation of private farms. During the heights of inflation from 2008 to 2009 - measuring Zimbabwe's hyperinflation became increasingly difficult as their government stopped filing official inflation statistics (according to Wikipedia. ) Zimbabwe's peak month of inflation is estimated at 6.5 sextillion percent in mid-November 2008.... One wonders what it could possibly be now? Broker News (brokernews.com.au) advise that a cruise company in Scotland recently took out a $1.5m policy on its boats to protect them in the event of an attack by the Loch Ness Monster. The policy was really a bit of publicity for the company's 80th anniversary of Nessie's first alleged sighting. But the cruise liner's company took a "better safe than sorry" approach and was quoted as saying "how silly would we look if it did (attack) and we weren't covered for it? mmmmmm....... Have you done your SWOT analysis recently? It might be worth checking this out! It's finally arrived - Budget night! The waiting media pack have dusted off their abacus' and have sharpened their pencils... Tune in at 7:30pm to get the low down straight from the Treasurer The Hon Wayne Swan - as he prepares to deliver the budget. Past Prime Minister John Howard has given the thumbs up to the economy according to todays Sydney Morning Herald (14/5/2013) ... ....As the federal Treasurer Wayne Swan prepares to deliver his sixth budget, the economy has had a big tick from former prime minister John Howard. Mr Howard told a mortgage and finance industry convention on Friday in Sydney that the economy was resilient despite the belief that it was ''running on empty''. Read more at this site AND be sure to let us know your comments too! Spewing Cash..... In these tight economic times, just about everyone is looking for new revenue streams. Well, next time you visit the beach make sure to keep your eyes peeled for a potential goldmine: whale vomit! A British man has been offered 50,000 British pounds for a weird-smelling rock his dog found on the beach. It turns out the rock is covered in extremely rare whale vomit. The ambergris, which is sometimes spewed up by the hapless mammals, is a key ingredient in expensive perfumes. Forget taking metal detectors to the beach. Just give the rocks a good sniff! Mmmm.... I'm off to check out the ingredients in my latest purchase of French Perfume! Checkout this app TODAY! and see just how good is this website. It's brilliant and totally iPhone compatible app. Houzz Interior Design ideas for iPhone, iPod Touch and iPad..... Get it onto yours today. http://www.houzz.com/ideabooks/query/houzz-app Our thoughts are, We provide the finance for the new home and you get to have all the fun in decorating it! WELL DONE HOUZZ.......(pity it's not cricket season - imagine the advertising this website name could bring here in Oz?) BIG FOUR HAVE MORE ROOM TO MOVE - (Australian Broker Issue 10.07) The big four have more room to move on home loan rates than their non-major rivals, according to the RBA. Benn Robertson and Anthony Rush of the RBA's domestic markets department, said a tougher funding environment exists for non-major banks compared with the big four, despite the fact overall funding costs have dropped across the sector along with falling interest rates. "For the regional banks, the evidence suggests that the overall increase in funding costs since the onset of the GFC has been larger than the increase in funding costs experienced by the major banks ""A large portion of this increase has been driven by the substantial shift in the composition of regional banks 'funding liabilities away from securitisation and towards relatively more expensive deposit funding, as well as an increase in the cost of their deposits and wholesale debt funding" they said. Liz's opinion - "Major banks have been more consistent on their package discounts and unadvertised pricing concessions than non-majors. We take this into account as a loan term is 25-30 years, so we don't just opt for the 'flavour of the month' lender. Check this out...... Are you in the world's happiest city? Out of the top 10 happiest cities in the world - Sydney rates the second highest! An urban paradise pasted yellow with sunshine, surf and fine dining. You got it! .......It's where everybody would like to go," says Anholt. Everybody thinks they know Australia because they've seen Crocodile Dundee. There's this image of this nation of people who basically sit around having barbecues." Perception! NOT the reality....... Source Australian Broker Issue 10.07 Close encounters of the Economic Kind.... The World Economic Forum in Davos, Switzerland, recently released a report on global economic risks for 2013. Among the humdrum list of perennial potential downsides was a rather interesting one: first contact with aliens. Evidently, the WEF doesn't think global leaders - or global economies - are adequately prepared for the possibility of extraterrestrial contact. The WEF team urged "the global elite to prepare themselves and their nations for such a discovery. The scientists suggest that new funding and new brain power will be needed to overcome the challenges that humanity will face as a result of its encounter with an extraterrestial civilisation." Source - Australian Broker issue 10.03 Will we be prepared??? Taken from the MFAA Magazine..... and the Editor's Comment According to research group comparator, mortgage brokers have broken through the $100 billion barrier of home loans written during the 2012 calendar year. Research from the top 16 aggregators in the industry found that brokers originated for than 40% of all new residential lending in 2012 and experienced a surge in lending volumes during the December 2012 quarter alone to $27.2 Billion - up 5.5% from the previous quarter. The research also revealed that a broker's average home loan value was $337,000 The MFAA opposes any further regulation of the finance industry until at least 2016, or until the NCCP ACT and the Enhancement ACT can be fully assessed. Watch this space! The Financial Security Project at Boston University has published research showing that, for every 10% increase in the dollar amount of a person's debt, his or her depressive symptoms increase by 14% - but home loans may be an exception. More severe psychological effects were shown to come from short-term debt, such as credit card or overdue bills. Long-term debt or "good debt"- such as home loans - was not found to have a similar effect. Be sure to lighten the financial and psychological load! Re-structure your finances so this is NOT overwhelming! An American man who's been selling properties on the moon since 1980 claims lunar real estate is a great investment. Oddly enough, 5.7 million people have agreed with him, purchasing up to 200 of his properties a day. Dennis Hope said he saw the opportunity to sell property on the moon after considering the 1967 Outer Space Treaty. The treaty, which is the basis for international space law, has no explicit restrictions on individuals owning satellite bodies beyone Earth. Struggling for money after a divorce, Hope filed a declaration of ownership with the United Nations. After failing to receive any 'legal problems' with his claim, he launched a brokerage to sell lunar real estate. Since then he has sold roughly 600 million acres on the moon, charging US $24 a property. Buyers have hailed from 193 countries, numbering around 5.7 million people. Many of the sales have become gifts, others were purchased for novelty value, Hope said. "If you own land on the moon, there's the opportunity to think, 'maybe someday. Maybe I won't make it, maybe my kids won't make it, but maybe my grandkids will be able to go up there and utilise the property.'" Source Australian Broker Issue 10.06 "Bring your winter woollies - the nights will be chilly we think!" Free Property profile report on your property – just email Melissa with your property address, number of bedrooms, bathrooms, car spaces and your property type to melissa@wilsonfinancial.com.au Free copy of your Credit file - Check Yours Today Free e-book for first home buyers – Get Your Free Copy Free $15k for first home builders in NSW – More Information Free stamp duty for first home builders in NSW on land under $400k - More Information Free $5k stamp duty credit for land buyers in NSW - More Information Wingecarribbee Shire Council is supporting the NSW Government initiative called the Home Power Savings Program. Read this article taken from the Wingecarribee TODAY - April 2013...which will assist residents of the shire to be able to save up to 20 per cent off their power usage. A great initiative to all residents of the shire who have a concession, are on a low income health care or a DVA Pension. Well done Wingecarribbee Shire! For more information go to www.wsc.nsw.gov.au The Commonwealth Bank is now offering a discounted professional loan package to an extensive list of medical professionals. The Medical Professional Offer extends a LMI/LDP waiver on loans with maximum LVR’s of less than 90%. These loans are subject to credit approval. This means that instead of requiring 20% deposit to avoid LMI fees, you only need 10% plus costs (less any FHOG bonus's!) To be eligible for the Medical Professional Offer customers must be members of one of the selected medical associations and be employed in one of the defined medical professions. A concise list of eligible associations and professions is provided below. To be considered for the discounted professional package customers must meet these eligibility criteria. The offer is available through a Mortgage Advantage Package (MAV) and is available on a range of products including standard variable rate loans, fixed rate loans, line of credit, 12 month discounted rate and 1 year guaranteed rate loans. To qualify the loan must be principal and interest, interest only loans do not qualify. The maximum loan value is $2 million and low doc loans are excluded from the offer. Potential customers will need to provide evidence by way of membership with one of the eligible associations. Details of employment in one of the chosen medical professions will also need to be provided when applying. All applications are subject to credit approval. An example of the savings are $8,290, where the home loan is $450,000 and the purchase price is $500,000, with one of our major bank lender used as an example Approval is subject to Commonwealth Bank terms and conditions. Contact us today for further information on the CBA Medical Professional Offer and to find out if you qualify.
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