When it comes to securing a loan, understanding the intricacies of lender policies can significantly impact your borrowing capacity. Whether you’re looking to finance a new home, refinance existing debt, or fund a business venture, lender policies play a crucial role in determining how much you can borrow. Here, we explore how these p

As we navigate through the complexities of the financial market, understanding the current economic cycle and making informed investment decisions is crucial. Recently, Macquarie, a leading financial institution, provided insightful guidance on where investors should be directing

Drawing on their experience from developments such as Saint Moritz in St Kilda and Hawksburn Place, Gurner and Qualitas are poised to deliver an unparalleled urban experience. If the City of Stonnington approves stage one of their plans, demolition could start as soon as 2025, with the entire project underway by the end of that year.

A caveat on property serves as a formal notice indicating that a third party claims an interest or right over the land or property. It acts as a legal safeguard, effectively warning potential purchasers, mortgagees, or others interested in the property that the land is subject to another party’s claim. The term caveat literally means 'beware', and it is intended to alert prospective buyers in property transactions.

In a positive turn for tenants and economic observers alike, the once relentless surge in rental prices in Sydney and Melbourne is showing signs of slowing down. This trend, evident from recent data, heralds a period of potential stability in the rental market, offering a reprieve to renters and contributing to a more favourable inflation outlook.

Government measures, such as federal and state electricity rebates effective from July, are expected to temporarily reduce headline inflation. Commonwealth Bank economist Stephen Wu forecasts a 20% drop in electricity prices in the September quarter, which could lower CPI by 0.5 percentage points. However, underlying inflation is likely to remain above the RBA’s target range of 2-3%, suggesting that any relief may be short-lived.

In the ever-evolving world of finance, private lending has emerged as a viable and attractive option for many borrowers. Unlike traditional banks, private lenders offer a range of flexible and quick financing solutions tailored to meet the diverse needs of businesses and individuals. In this blog post, we will explore what private lending is, the different types of loans private lenders offer, and how these loans can benefit various borrowers.

The rising cost of living in Australia has placed an immense burden on families relying on Centrelink payments, making it nearly impossible for them to afford essential expenses like food, rent, and transport. Recent analysis highlights the dire situation faced by these families and the urgent need for government intervention to raise JobSeeker and other Centrelink payments.

ANZ is under fire for its recent decision to cut lenders' mortgage insurance (LMI) for borrowers in some of Australia's wealthiest suburbs, a move many deem "unfair" to other prospective homebuyers.

The Malinauskas Government is making a bold move to support first home buyers and increase housing supply amidst the current housing crisis. In a significant policy shift, the State Budget will abolish stamp duty for all first home buyers who are purchasing or building a new home.

Over the past 12 months, Australian banks have expanded their commercial real estate loan books at the slowest rate in four years, as they adopt a more cautious approach to assets such as office towers, hotels, and residential land projects. This trend, identified by consultancy Plan1, highlights a shift that opens significant opportunities for non-bank lenders, including Renown Private Lending.

The latest Pain and Gain report from CoreLogic reveals that the March quarter saw a record high in profit-making residential sales, with a remarkable 94.3% of vendors selling at a profit. This is the highest level of profitability in 14 years, driven by continuous increases in home values, despite economic challenges and higher mortgage rates.

New data reveals early indications of a recovery in tech funding, with Australian start-ups raising 30% more capital this year compared to the same period last year. However, the overall number of deals has declined, indicating the emergence of a two-speed tech sector.

Homebuyers waiting until July to purchase their homes, when the government's stage 3 tax cuts take effect, could increase their borrowing power by tens of thousands of dollars. However, this comes with a significant risk – greater mortgage stress.

As inflation and high interest rates continue to strain household budgets, mortgage stress is becoming a significant concern for many borrowers. Unfortunately, any potential relief through rate cuts seems unlikely until next year.

National Australia Bank (NAB) has seen a significant boost in customer engagement thanks to its new AI-driven tool, which has increased interaction by 40% since its launch last year.

Jess Cuthbertson, NAB’s Customer Analytics and Decisioning Executive, shared this impressive statistic during her keynote at a Pega software convention in Las Vegas. “As soon as we integrated the 'customer brain,' we saw a 40% lift in customer engagement, which is absolutely massive for our customers,” she said.

Cash flow is undeniably the lifeblood of any business. Recent trends in business collapses due to poor cash flow management underscore the critical need for reliable financial solutions. Renown Private Lending’s business funding product offers a lifeline to businesses struggling with cash flow issues, providing timely financial assistance, flexible repayment options, and expert financial advice.

Starting July 1, Australia’s financial landscape will undergo significant changes, impacting everything from taxes and minimum wages to energy costs and superannuation.

As the end of the financial year approaches, Australians working from home need to be vigilant about their tax deductions. The ATO is tightening its scrutiny on work-from-home expenses, cautioning taxpayers against "double dipping" when filing their returns.

As tax season approaches, individuals seeking the highest possible refund have just over two weeks to take action. There are numerous personal deductions available that could potentially return thousands of dollars from the Australian Taxation Office.