Author: Om Financials
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Non-Bank Lending Jumps 65%: What It Means for Borrowers
Non-Bank Lending Just Jumped 65%. Here’s What That Means For You More Australians are looking past the big banks for their home loan, and the latest numbers show just how fast that shift is happening. New ABS Lending Indicators data, reported by MPA, shows non-bank lenders issued $10.49 billion in new home loans over the […]
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NAB Home Loan Applications Drop 15%: What It Means
15% Drop in NAB Home Loan Applications: What Now? If you’ve been putting off a chat about your home loan, this might be the nudge you need. NAB’s latest quarterly update shows home loan applications fell 15 per cent in the June quarter alone, and were down 16 per cent on this time last year. […]
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5% Deposit Scheme Australia 2026
Using the 5% Deposit Scheme: What First Home Buyers Should Check Before Applying The 5% Deposit Scheme Australia has changed substantially since most people last heard it explained. From 1 October 2025, the Australian Government 5% Deposit Scheme (previously delivered through the Home Guarantee Scheme/First Home Guarantee) expanded. The question is no longer whether you […]
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Mortgage Demand Falls 12.5%: What It Means for Borrowers
Mortgage Demand Just Had Its Toughest Run Since COVID, Here’s What It Means For You If you’ve been putting off a chat with your broker, this is your sign. New lending data shows mortgage demand has fallen 12.5 per cent year-on-year to June, the sharpest slowdown since the pandemic. Whether you’re chasing your first home, […]
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Turning Your First Home Into an Investment?
Renting Out Your First Home Guarantee Property? You’ll Lose the Guarantee If you bought your first home using the government’s 5% deposit scheme, chances are life has moved on since then. A new job in another city. A growing family. Maybe even a chance to rent out that first home and buy again. It happens […]
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SMSF Borrowing Deadline 10 August 2026
SMSF Property Borrowing Deadline: What Investors Should Know Before 10 August 2026 The SMSF borrowing deadline on 10 August 2026 is an important date for investors considering SMSF property borrowing. The legislation received Royal Assent on 26 June 2026, and Schedule 5 commences on 10 August 2026, the 45th day after Royal Assent. From that […]
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Auctions Slow, Buyers Gain Ground
Auctions Slow, Buyers Gain Ground: What July’s Property Data Means for You If you’ve been eyeing off the market lately, you’ll have noticed something’s changed. Fewer auctions, longer selling times, and sellers facing more pressure to negotiate. According to Cotality’s latest Housing Chart Pack, this isn’t just a winter lull; it’s a genuine shift in […]
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Can Your SMSF Buy Property? The Lending Rules Borrowers Should Understand
SMSF property borrowing rules in 2026 have changed significantly for investors considering residential property and SMSF borrowing. SMSF can still buy property, including residential property. What has changed is the ability to use new borrowing arrangements for residential property. The Treasury Laws Amendment (Tax Reform No. 1) Act 2026 received Royal Assent on 26 June […]
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Rising Rents & Investment Property Loans
Rents Just Hit $705 a Week: Financing an Investment Property If you’ve been thinking about buying an investment property, or you already own one, the latest rental figures are worth a proper look. According to Cotality’s Rental Review for the June quarter, national rents have climbed 5.9% over the past year, pushing the median weekly […]
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Buying a Home in 2026: Upfront Costs Beyond Your Deposit
The upfront costs of buying a home in Australia can be much higher than the deposit alone. Saving a 20 per cent deposit feels like crossing the finish line. But when buying a home in Australia, the deposit is only one part of the cash you may need before settlement. For many buyers using a […]
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