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

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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