Past issues of the Biking Broker Newsletter
12 Questions to Ask Before Using a Finance Broker
25th August 2009
Getting a broker to arrange your loan can save a lot of time and hassle, but it is important to ensure the service you expect is the one that’s delivered. Asking these 12 questions can help you ensure you have a great experience with your finance broker. 1. Does your broker have a wide range [...]
Housing Prices set to Rise – Expert
15th August 2009
It seems this news, coupled with federal government incentives, has been heeded by hoards of first timers – with a 90 per cent spike in first homebuyers. But what will happen when the First Home Owners Grant returns to its established point in October? In an interview with Peter Switzer, Rob Mellor from BIS Shrapnel [...]
Reserve Bank Leaves Rates on Hold Again-but Fixed Rates Going UP!
4th August 2009
The RBA today has left the cash rate at 3% for the 4th month in a row after lowering the rate by 0.25% in April this year. Glenn Stevens, Governor of The Reserve Bank, cited a general stabilising of world the economy and a strengthening Chinese economy, stronger domestic consumer confidence and increased domestic housing [...]
Tinny Rally August 7-9 2009
30th July 2009
The Biking Broker and his favourite pillion are heading out to the South Burnett on Saturday the 8th for a ride and to check out the Tingoora Rally. If you’re interested in joining us for the ride from Gympie, drop me an email to jaimie@thebikingbroker.com.au More information on the rally download the flyer. tingoora-rally-2009
Housing prices tipped to rise by 22 percent
16th June 2009
Economic forcaster BIS-Shrapnel is forcasting a 22% rise in house prices over the next three years. As upgraders sell their homes to first home buyers and the FHOG set to end in December, the driving force in the market will become the upgraders and investors in higher price brackets than the first home buyers. Read [...]
Things are looking up for property investing
15th June 2009
There are a combination of factors evolving that indicate now is a great time to invest in property. In my newsletter of the 2nd of June, I noted that due in part to lower than expected trade deficit figures (the lowest since December 2001, the RBA left interest rates on hold at 3.0% for the [...]
Westpac announce fixed rate rise
Today, Westpac have announced fixed rates will increase effective tomorrow, 16 June, 2009, by up to 0.50% citing costs of funding.
Premier Advantage Package clients can fix and split their loans at no charge.
Standard variable rates have remained unchanged.
RBA leaves official rate at 3.0 percent
2nd June 2009
The Reserve Bank of Australia has today left official interest rates on hold for the second month running, possibly due to better than expected current account deficit figures. more>>
Insurance? She’ll be right, mate
27th May 2009
Poor kitty… the RSPCA says you can save around $9,00 on a $1,150 vet bill with pet insurance. As the recession begins to bite and we slash our spending, costs such as insurances seem a luxury. Consider pet insurance. Australians spend around $4 billion a year pampering our pets, but only about 2 per cent [...]
First Home Owners Grant to Stay! First Home Owners Boost Extended
21st May 2009
Following the Federal Budget, it was announced that the FHOG would continue and the FHOB of $7,000 for established homes and $14,000 for construction of a new home would continue at that level until 30th September, 2009. From 1st October until 31st December, 2009 the FHOB will be halved. This means that until the end [...]