How to finance your first commercial property
When it comes to applying to finance your first commercial property loan, there are different options you need to be aware of. Some investors choose to obtain a commercial loan by dealing directly with a bank, while others choose to engage the expertise of a broker to secure the best deal. Before deciding which path to choose, […]
Stepped vs level life insurance premiums
Often there is a preconception that life insurance gets more expensive as you age. In some cases, this is true because as you get older, you’re more prone to injury or illness and can be riskier to insure. There is a choice with your premiums: you may choose a stepped or level life insurance premium. […]
What is the Best Interests Duty for mortgage brokers?
The best interests duty for mortgage brokers is a statutory obligation for mortgage brokers to act in the best interests of consumers (best interests duty), and to prioritise consumers’ interest when providing credit assistance (conflict priority rule). These two obligations are collectively referred to as the Best Interests Duty. Based on the Royal Commission’s recommendations, […]