Due to the recent Banking Royal Commission, borrowing money is becoming increasingly difficult. It has caused banks to tighten their lending policies which means loans are being assessed more stringently and a critical evaluation of 3 to 6 months of bank statements are being requested, which could ultimately lower your borrowing capacity. It’s now up to mortgage brokers to prove … Read More
2019/20 budget highlights and key takeaways
If you missed the recent announcement of the 2019/20 federal budget, 542 Partners has you covered! The ‘Ballot Box’ budget is designed to showcase the return to surplus and engage voters with initiatives to make them feel like they are more prosperous. A massive infrastructure spend adds to this sentiment. We partnered with Chris Fallico from ACADIA wealth advice to … Read More