Another reason to ensure debt is correctly structured is that a number of Banks now separate their business and personal lending functions in relation to business clients. Regardless of debt size, borrowing history, the Business Bankers and Business Banking Centres in the affected Banks, can…
As part of the election campaign, the Federal Government announced if re-elected, they would introduce the First Home Buyers Loan Deposit Scheme. The Labor Shadow Treasurer has said if elected they will match the scheme. How the First Home Buyers Loan Deposit Scheme will work…
I was able to achieve a good customer outcome for a client seeking Fitout Finance for a new retail outlet. Whilst the client was an experienced retailer, the finance was for a start-up outlet in a new shopping centre.
Are you planning the fitout of your restaurant or cafe, but have questions about what you need to consider - if so, download our FREE eBook - The Fitout Finance Handbook for Restaurants and Cafes. Assisting clients with the fitout of their restaurant or cafe…
The Federal Government introduced the First Home Super Saver Scheme in 2017. They designed it to assist first home buyers to build a deposit for a home by taking advantage of the tax concessions available to monies held in superannuation.
The team from The 500 Group were delighted to spend time at St Mary’s House of Welcome this week cooking and serving meals for the community they serve. St Mary’s House of Welcome was established by the Daughters of Charity to assist the disadvantaged in…
It is now 6 weeks since the Banking Royal Commission Report was delivered to the Government. With all the emotion, media and public interest in the Commission findings, we decided to let the dust settle before providing our views. In the days and weeks following…
Explored Options Given clients level of savings and that their serviceability position was sound -brainstormed potential solutions with our office team
Over the past few years, in Australia we have seen an increasing number of parents helping their children to buy a home. Initially, this trend was driven by rapidly escalating property prices and the desire to help their children purchase a home whilst it was…
Financing Specialised Equipment can be a challenge particularly where a business does “not tick all the boxes” from a clinical credit perspective. Business by its very nature is dynamic. As many business owners know there are ups and downs! Often the pathway to success is…