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Latest News

Latest News

NAB Group changes credit policy

NAB's decision to limit loan sizes to eight times a borrower's income is a significant development in a market slowly coming to terms with its own risks. This week, the major bank announced that applications for interest-only and principal and interest loans will only be approved if they pass a loan-to-income ratio test.

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Maximise deductions for investment properties

On the 1st February 2017 Alice purchased a brand new rental property for $560,000 and immediately rented it out. Alice's Quantity Surveyor estimated the construction cost (capital works) of her new property to be $240,000 and the plant and equipment (deductible separately under Division 40) to be $45,000.

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Suncorp Small Business Lending

Suncorp have announced updates to their Small Business lending offer which are effective from 1 September 2017 until COB 31 October 2017.

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