Investing plays a key role in building financial security but don’t be sucked in by promises to get rich quick. Australians collectively lost $4.3 million each month to investment scams. The latest report by Scamwatch shows that so far in 2018, more than $26 million has been siphoned off by crooks in investment scams –…

In the years since our inception, we have grown not only our business but our Stonehouse family, which includes both team members and clients. Our industry has seen many changes through this time, and experience shows that it will continue to change going forward. However, the one thing that remains constant is that we truly…

After reading through the Government’s 2018 Budget, one could be forgiven for thinking there just might be an election in the wind. There is something for almost everyone. However, there are also some carrots dangling from the stick that won’t come into play for some years – part of a longer-term strategic play by the…

From 1 July 2018, retirees will be eligible to make superannuation ‘downsizer’ contributions. This new super measure became law on 13 December 2017 and will allow an individual aged 65 and over to use the proceeds in relation to one sale of their main residence to make ‘downsizer’ contributions of up to $300,000 (or $600,000…

    Jeannie Biggs has been with Stonehouse for 9 months and is one of our Client Service Officers in our Brisbane CBD office. She has been in financial services for over 20 years and brings a wealth of knowledge and positive energy to our firm. Please read on to hear about Jeannie’s recent life-changing…

If you’re involved with financial services, you quickly get used to change. However, we have not seen a change in the Australian home loan market as we are now. The changes are being brought about by pressure on banks/lenders from the regulatory body, APRA, as they try to control and manipulate housing concerns. In the…

While the decrease in variable interest rates over the last few years have been good news for all homeowners, a recent study indicates that the real winners are those who are willing to make the switch. The RBA have recently released a report outlining the cost of remaining loyal to your bank.   The findings…

Preparing your individual tax return is a somewhat complicated process since you need to consider multiple sections such as income, deductions, gains/losses, tax offsets, and Medicare levy. One area that can cause some confusion is the deductions section and it even gets more complicated when you’re claiming work-related expenses. Whether you’re preparing your individual tax…

There is a much-debated topic in the world of credit, it’s one that has been increasingly thrust into the spotlight in the last few years. Should you repay your loan using principal & Interest (P&I) repayments or Interest Only (I/O) repayments? I have met more than my fair share of clients over the years who…

Interest rates for Interest Only (I/O) mortgages have increased in the last 3 to 6 months by an average of 0.55% across the big 4 Australian banks and even more by a lot of 2nd tier lenders. Compounding the problem for many, interest rates for Investors have also increased by an average of 0.58% (average…

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