Category Archives: Finance

The RBA’s interest rate statement for July 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | July 2, 2019 at 2:02 pm , by Urbantech

At its meeting today, the RBA Board decided to lower the cash rate by 25 basis points to 1.00 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent. This follows a similar reduction at the...

Beyond the basics: Advanced implications of Single Touch Payroll for SMBs

Posted in: Business Loans, Finance, Loan Hub | June 12, 2019 at 10:38 pm , by Urbantech

With Single Touch Payroll [STP] on the horizon for all Australian businesses, it will have different implications for different owners. We spoke to the experts from the Australian Taxation Office [ATO] about some of the advanced elements of STP… For some, it will mean little more than hitting an extra...

Single Touch Payroll: What is it and what changes will it bring?

Posted in: Business Loans, Finance, Loan Hub | June 12, 2019 at 10:28 pm , by Urbantech

The arrival of Single Touch Payroll is being described as the biggest revolution in tax since the GST was introduced in July 2000. But wrapping your head around how it all works can seem challenging from the outside. We spoke to the experts from the Australian Taxation Office [ATO] about...

How small businesses can benefit from the $30K instant asset write-off

Posted in: Business Loans, Finance | June 12, 2019 at 10:00 pm , by Urbantech

This year’s Federal Budget raised the instant asset write-off level for businesses to $30K. So, what difference does it make and how can small businesses maximise its impact? We explain… As a small business owner, you’ll know only too well that spending money on new assets is always a carefully...

The RBA’s interest rate statement for June 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | June 4, 2019 at 2:46 pm , by Urbantech

At its meeting today, the RBA Board decided to lower the cash rate by 25 basis points to 1.25 per cent. Statement by RBA’s Philip Lowe: The Board took this decision to support employment growth and provide greater confidence that inflation will be consistent with the medium-term target. The outlook...

Don’t miss this great tax time opportunity…

Posted in: Business Loans, Finance | May 9, 2019 at 1:43 pm , by Urbantech

Get an immediate tax deduction on eligible asset purchases this EOFY If you’ve been thinking about making an investment to help grow your business, now might be a good time. With small businesses being able to claim an immediate tax deduction on all eligible asset purchases of up to $20,000...

The RBA’s interest rate statement for May 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | May 7, 2019 at 2:13 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable, although the risks are tilted to the downside. Growth in international trade has declined and investment intentions have softened...

Unsecured Business Loans – Borrow $5,000 – $250,000 with no financials…

Posted in: Business Loans, Finance | May 3, 2019 at 3:29 pm , by Urbantech

EOFY SPECIAL – NO REPAYMENTS UNTIL 1 JULY 2019^ Unsecured Business Loans – Borrow $5,000 – $250,000 with no financials… End of financial year can be a stressful time for small businesses, so we want to make it easier for you to get the funds you need at this busy...

The RBA’s interest rate statement for April 2019

Posted in: Finance, Home Loans, RBA Rate Decisions | April 2, 2019 at 2:00 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable, although growth has slowed and downside risks have increased. Growth in international trade has declined and investment intentions have...

The RBA’s interest rate statement for March 2019

Posted in: Finance, Home Loans, RBA Rate Decisions | March 5, 2019 at 2:05 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The global economy grew above trend in 2018, although it slowed in the second half of the year. The slower pace of growth has continued into 2019....

Prime minister backs mortgage brokers…

Posted in: Finance, Home Loans, News Alerts | February 12, 2019 at 12:05 pm , by Urbantech

Prime Minister Scott Morrison has voiced his support for the broker channel and outlined their important role in the mortgage market. Following his address at the National Press Club yesterday, Prime Minister Scott Morrison was asked questions from the floor. During this question session, Mr Morrison was asked about his...

Help us save the mortgage broking industry!

Posted in: Finance, Home Loans, News Alerts, Urbantech Updates | February 10, 2019 at 11:03 pm , by Urbantech

Home loans are set to become more expensive… The sustainability and viability of the entire mortgage broking industry is at risk thanks to recommendations handed down by Commissioner Hayne as part of the Banking Royal Commission’s final report, released just a few days ago. Put simply the Royal Commission has...

The RBA’s interest rate statement for February 2019

Posted in: Finance, Home Loans, RBA Rate Decisions | February 7, 2019 at 1:45 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The global economy grew above trend in 2018, although it slowed in the second half of the year. Unemployment rates in most advanced economies are low. The...

Self-employed and want a home loan? An alt doc loan might be right for you…

Posted in: Finance, Home Loans, Loan Hub | January 29, 2019 at 12:14 pm , by Urbantech

If you’re self-employed or you own your own business, you’ll know all about the challenges of admin – keeping your accounts, finances and income flow all on track. It’s not easy. The last thing you need is a to have your home loan application declined because of the paperwork. But...

Fast working capital to grow your business!

Posted in: Business Loans, Finance | December 11, 2018 at 3:15 pm , by Urbantech

Are you ready for the busiest sales period of the year? As Christmas approaches, access to fast working capital can mean the difference between finishing the year on a high or a low. The good news is we’ve just added two new lenders to our panel of unsecured business loan...

The RBA’s interest rate statement for December 2018

Posted in: Finance, Home Loans, RBA Rate Decisions | December 4, 2018 at 10:41 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing and unemployment rates in most advanced...

When was your last finance review?

Posted in: Finance, Home Loans, News Alerts | November 30, 2018 at 2:24 pm , by Urbantech

Today is “World book in a finance review” day… ..Ok not quite, but it should be 🙂 because there’s a good chance we could save you money! The mortgage market never stands still – and neither do our lives, so it makes sense to see whether your loan/s are still...

The RBA’s interest rate statement for November 2018

Posted in: Finance, Home Loans, RBA Rate Decisions | November 7, 2018 at 2:17 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are...

Why you should look at refinancing all of your loans every 2-3 years…

Posted in: Finance, Home Loans | October 25, 2018 at 11:08 pm , by Urbantech

We pride ourselves on getting the best possible deal for our clients, every time! However, the mortgage market is constantly changing and evolving, with lenders locked in a never-ending battle to win new business and boost their market share. Rate cuts, fee reductions, cash incentives, improved lending criteria, limited time...

How to get the best deal on your home loan…

Posted in: Finance, Home Loans | October 15, 2018 at 11:39 am , by Urbantech

As your trusted finance broker it’s our job to help you get the best possible deal when buying or refinancing your home or an investment property. Over time, however, lenders have a habit of adjusting their variables interest rates – sometimes in line with RBA rate changes, sometimes not, and often by varying amounts....