5 Ways to pay off your home loan faster
A home loan is one of the biggest investments you will make in your life. It’s a debt burden that most people are stuck with and would like to eliminate as soon as possible. That’s why Pacific Finance Australia has put together a list of ways you can pay off your home loan more quickly. […]
Offset Account – The good, the bad & the interest saved
What is an offset account? An offset account is a popular feature available on eligible everyday transaction accounts, and eligible home loans. The offset account and the home loan are ‘linked’ for the purpose of how debit interest is calculated on the Home Loan. You can link offset accounts to both owner-occupied home loans or […]
Maximise your superannuation contributions
Non-concessional superannuation contributions The non-concessional superannuation contribution amounts have changed this financial year. The amount you can now contribute to your superannuation account has reduced to $100,000 per financial year. You have the ability to bring forward the contributions for three years. This can be done in one lump sum contribution. The cut-off date for […]
What is Insurance Premium Funding?
Insurance Premiums If made as a lump sum payment, your annual business insurance premiums can make a real impact on that month’s cash flow. As you know it is important to have enough funds in the bank account on a day-to-day basis when you are trying to run and grow your business. Avoid the stress […]
First home buyer incentives
First Home Owners Grant (FHOG) If you are buying your first home, it can be quite daunting as it is a big financial commitment. To address this issue, the Government is actively creating incentives to get Australians into their first home. The First Home Owners Grant (FHOG) is a $10,000 one-off payment to encourage first home […]
Dealer Finance vs. Finance Brokers
Did you know that securing finance through a dealer could increase the price of your new equipment? Often the dealer will offer you interest rates that are extremely low and sometimes even 0%. As with most things in life, if it sounds too good to be true, it often is. To gain access to the […]
7 Tips To Achieve Your Financial Goals
The hardest part of entering the property market is saving up for the initial deposit. Rent, electricity and gas are more expensive, health insurance is increasing at a rapid rate and flat whites are more than $4.50. That’s why we’ve written up a list of hints and tricks to help you get into your ideal […]
$20,000 Instant Asset Write Off
The clock is ticking on the instant asset write offs! If you’re a small business with an annual turnover under $10 million, you are able to secure an immediate tax deduction for any assets costing less than $20,000. You have until the 30th of June 2018 to take advantage of the Government’s instant asset write-off. […]
Access The Best Equipment Worldwide
As a business owner, you understand how crucial it is to stay current in this increasingly challenging economic environment. Having a competitive advantage over other companies is key to becoming an industry leader. Case Study – Furnace Solutions Meet Ben Burchill, Managing Director at Furnance Solutions. Furnace Solutions is a specialist furnace, kiln and process […]
Cellar Door Destinations
With the Easter long weekend coming up, it is the best time to visit some of the wineries that make this region famous across the globe. If you’re a lover of food, wine and the finer things in life, the Margaret River region in Western Australia is one of Australia’s top travel destinations. Just imagine […]