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Latest News

Latest News

Bluestone Lite Blue

Situation was a husband and wife team who have been running a successful packaging and distribution business for over a decade. They needed $490k to purchase vital new business equipment and also wanted to refinance their $500k mortgage. With their most recent tax returns unavailable, they were getting nowhere with their existing lender despite a 'clear' credit history.

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Thinktank

Commercial SMSF Loan from Thinktank, Another Flexible Business Finance Solution from Thinktank

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Granny Flat Could Boost Property Values

More than half a million home owners across Australia's eastern seaboard have enough space on their property to build a granny flat, which could boost home values by 30 per cent and add around 27% to rental income.

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Comprehensive Credit Reporting

Comprehensive credit reporting (CCR) as part of a government-initiated industry change to provide a more complete picture of consumers' credit history. Customers will now see new information on their credit report. A credit report previously contained any credit enquiries, defaults and serious credit infringements. The additional information shared for CCR includes account open and closed dates, types of credit, credit limits and up to 24 months of repayment history information.

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Hat trick of RBA rate cuts on the table

There's a "very real chance" that the Reserve Bank will lower the cash rate three months in a row, according to ANZ Research. Last week, the Reserve Bank of Australia (RBA) released minutes from its monetary policy board meeting in June, in which it decided to cut the official cash rate for the first time in almost three years, decreasing it to a new record-low of 1.25 per cent. In its minutes, the board noted that further cuts to the cash rate are "more likely than not" amid below target GDP growth and weaker than expected labour market conditions.

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