On 12 March 2020, the Australian Government released its economic response to the coronavirus (COVID-19). The ATO also released a series of administrative concessions for taxpayers we think could be of benefit to you: Tax incentives for business investment Instant asset write-off increased For new or second-hand assets first used or installed ready for use from 12 March until [...]
Much like the way technology continues to evolve at a rapid rate, cars too can become outdated over time. What this means is that the car you buy today, will be worth a fair bit less over the years as newer models get released with updated features. Whether you’d like to remain driving the [...]
If you’ve decided on taking out a balloon repayment option, you may be concerned about the prospect of not being able to pay it at the end of your car loan. But if you plan out your finances to ensure you can make the balloon payment, there are several ways you can benefit: Here [...]
Trading in your car is not something you should do on the whim. You won’t believe the horror stories of terrible mistakes so many unfortunate Australians have made when trading in their car. The biggest problem is that as a nation, we’re quite trusting, which is a great quality – but when it comes to [...]
It’s not uncommon for Australians to question car loan brokers, but the truth is, brokers are highly qualified experts who are very knowledgeable regarding all financial concerns, especially with car loans. Moreover, banks themselves prefer working with brokers because they bring in a vast amount of customers, which means brokers can command a better [...]
