Search results

Any suggestions on who we might talk to for this sort of thing ? We are in Sydney (Northern Beaches)

It has exposed beams. The beams are about 250mm. The ceiling (which is in poor condition and needs replacing) sits about 100mm below the top of the beams (leaving about 145mm exposed). The height from the top of the beams to the floor is 2400mm so the current ceiling is about 2300mm...

We have an existing Garage in the backyard that we want to convert into a Living Space / Granny Flat. We will eventually build a pool beside it, so we are not looking to rent it out as a granny flat. It will be used as a pool side house (ie good to have basic kitchen facilities and...

Not sure why you are seeking to calculate a "Return on Investment" given you have determined that you are not making an "Investment" ??? The positive cash flow achieved is a return on the debt funding used which I guess can be seen as a premium for the risk in the whole exercise??

Wasn't it 4.99% for 3 years, not 2 years, back then ? Still a little way to go on 3 year rates. What was the lowest that 5 year rates got to back in the GFC ?

Surely what you need is for CBA to see the updated (and more recent) Valuation from their chosen valuer, Taylor Byrne ???? Is this not possible ? Or has CBA refused to consider the updated val ?

+1 I'm surprised more posters didn't have it as STEP 1 in their advice to the OP. Adds the $9k he was going to pay in car repayments by June to his savings pool.

Yes, thank you. Just makes it easier to see the movements when the scale is more compressed..... it would be even better if you set the minimum value of the y-axis to 5.0% and then the y-axis could run from 5% to 10% in 0.5% increments.

Jon, can you please redo that graph from August 1996 onwards only so that the top of the y-axis scale is 10% and the y axis scale is in 1% increments, not 2%.

Ha ha......

I get the sense that Citibank would just about fall over themselves to give anyone a credit card, recent new mortgage or not, but that's just my perception as a casual observer (not in the industry). Anyway, just a thought. It also works with your existing cards because eventually one of them...

Take one of your existing credit cards and pay it off so it has a zero balance (call it "CARD #1"). Then apply for a low rate balance transfer credit card ("CARD #2") with a $20k limit and as part of the application, do a $15k balance transfer to CARD #1 (NB: Most cards only let you balance...

Can Greater customers use NAB ATM's without any extra fees ? The lack of branches is not really an issue, but access to (free) ATM's has always been my concern with going with one of the smaller players.

Any thoughts on Greater Building Society ? They have 5 years fixed at 6.1%

Undoubtedly. But we still don't believe them when they say the home loans added ZERO to the business (directly or indirectly).

Why the outcry ? Because, rightly or wrongly, we don't believe the banks when they say:- "With housing loan rates priced where they were before last Friday, banks were making no money from those loans" For the masses to change their perception in this regard, the Banks need to explain in...

How much have the NAB wasted on their "Breaking up with the other banks" campaign now that they have re-joined the other 3 with today's increase.

You only need to use the Chattel Mortgage approach if the business accounts for GST on a Cash basis. If you account for GST on an Accruals basis, then you can do a normal Commercial Hire Purchase and claim the GST upfront.

Seems too good to be true......... a key question would be Portability.

I appreciate no loan (including a variable loan) is ever "truly" portable - it is always a new loan / new mortgage, but I thought the point of "portability" was to allow that changeover to the new property/new loan to be fairly straight forward without requiring the usual application / approval...