Year: 2018

Private, Commercial, Development, Business and Property Finance

Mortgage Brokers increase competition and choice, driving lower interest rates

A Deloitte Access Economics report released 24 July, 2018 has found that mortgage brokers drive more competitive mortgage pricing, provide valuable services and greater choice for consumers. The average mortgage broker has access to 34 different home loan lenders, and of these they use an average of 10 lenders to settle loans based on their…
Read more

Looking for financial solutions that work for your business?

PCL Money offers a personalised service and professional staff which ensures that you will you get the best financial deal possible for your business needs. We take time to understand the nature of your operations and suggest packages that save you time & money. Our comprehensive range of products & services means you can consolidate…
Read more

Should you use a bank or a finance broker?

The banking royal commission has drawn attention to some serious problems between the banks and their customers. Evidence to the Royal Commission has shown patterns of illegal behaviour by financial institutions. Last month the corporate regulator ASIC revealed banks and others in the financial services sector would have to refund up to $850 million that…
Read more

Looking for financial solutions that work for your business?

PCL Money offers a personalised service and professional staff which ensures that you will you get the best financial deal possible for your business needs. We take time to understand the nature of your operations and suggest packages that save you time & money. Our comprehensive range of products & services means you can consolidate…
Read more

16 tips for property success

Ask successful people what they’d wished they’d been told when they were younger. That’s exactly what I did with these successful property professionals and here’s what they said. Kate Forbes – National Director Metropole Property Strategists Invest in yourself first Your best investment by far will always be in yourself as what you can achieve…
Read more

Buyers – and sellers – beware as royal commission exposes banking’s risky business

Hearings reveal more tales of reckless lending by banks – but also show that borrowers will take huge risks to make their dreams come true Westpac lawyers leave the Commonwealth law courts in Melbourne on Thursday, May 24, 2018. Westpac lawyers leave the Commonwealth law courts in Melbourne on Thursday, May 24, 2018. Photograph: Joe…
Read more

Many people are considering their options in view of the Banking Royal Commission

There have been some alarming revelations about the behaviour of Australia’s Banks coming out of the Banking Royal Commission. It has shattered the myth that the big banks always put their customers first. Time and again evidence has been put forward that shows that the lending practices of some of the banks have frankly betrayed…
Read more

Buyers – and sellers – beware as royal commission exposes banking’s risky business

Hearings reveal more tales of reckless lending by banks – but also show that borrowers will take huge risks to make their dreams come true Westpac lawyers leave the Commonwealth law courts in Melbourne on Thursday, May 24, 2018. Westpac lawyers leave the Commonwealth law courts in Melbourne on Thursday, May 24, 2018. Photograph: Joe…
Read more

Many people are considering their options in view of the Banking Royal Commission

There have been some alarming revelations about the behaviour of Australia’s Banks coming out of the Banking Royal Commission. It has shattered the myth that the big banks always put their customers first. Time and again evidence has been put forward that shows that the lending practices of some of the banks have frankly betrayed…
Read more

Were mortgages more affordable 28 years ago?

The Property Investment Professionals of Australia (PIPA) has just released analysis arguing that mortgages are more affordable now than they were in 1990. Peter Koulizos, chairman of PIPA, said those who say property has grown less affordable with time haven’t studied the numbers properly. “Many commentators use just two indicators to measure housing affordability –…
Read more