Blogs

Do you know how much you owe on your HECS-HELP debt? Recent high inflation means millions of Australians with student loan debts are facing a 7.1% increase from 1 June, up from 3.9% the previous year. Your HECS-HELP debt is an important piece of information that lenders take into consideration when assessing your application for a home loan, so it’s important to understand yours. Find out more about how indexation will impact you. What is HECS-HELP? The Higher Education L...

FinancePath has been named Community Champion finalist at the 2023 Mortgage & Finance Association of Australia* (MFAA) State Excellence Awards. Judged by an independent panel of industry specialists, business professionals and experts, the MFAA Excellence Awards are the most rigorous in the Australian mortgage and finance industry. The Community Champion award category recognises brokers, broker businesses and staff who have delivered exceptional social, ethical or community service...

FinancePath has been announced as the winner of the Best Community Engagement Program at The Adviser Better Business Awards 2023. “Given the lingering effects of the pandemic, a series of natural disasters and the increased cost of living, FinancePath sought to support a number of community and charitable organisations providing aid to those experiencing hardship in 2022 – in particular organisations that exist to restore and maintain the dignity of Victorians – via our Com...

Have you been patiently waiting in the wings, wondering whether or not to buy your first investment property in 2023?  You’re not alone. Many investors have been spooked, what with all the changes in the market.  Whether or not now is the right time to invest really depends on your financial situation and goals, but there are certainly some compelling reasons to at least consider it.  The drop in housing prices may be stabilising  As investors, it may be a g...

Understanding all the different parties involved in buying a property can be a minefield.   The real estate agent. The building and pest inspectors. The mortgage manager. The buyer’s agent. The auctioneer.  Well, here’s another one to add to the list – the conveyancer. Conveyancing is an important piece of the puzzle to ensure things go to plan with your shiny new property acquisition. Let us explain.  What is a conveyancer?  Conveyancing...