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Home guarantee scheme

Home guarantee scheme

From 1 July 2023, access to the Government’s Home Guarantee Scheme will be expanded to joint applications from “friends, siblings, and other family members” and to those who have not owned a home for at least 10 years. The eligibility criteria for access to the First...
Company loan to pay down the mortgage

Company loan to pay down the mortgage

A friend’s accountant suggested that they could reduce interest on a non-deductible debt by using company cash to offset their personal mortgage, and then transferring the cash back by 30 June. Is this an acceptable strategy? This might initially sound like a...
Benefit from asset finance this EOFY

Benefit from asset finance this EOFY

As the end of the financial year (EOFY) is rapidly approaching, it’s crucial for businesses to review their financial situation and consider opportunities to maximise their tax position. Many businesses are turning to asset finance which can offer benefits including...
The instant asset write-off deadline approaches

The instant asset write-off deadline approaches

As the cut-off date for the instant asset write-off program approaches on June 30, 2023, many businesses are feeling the pressure to take advantage of the program before it ends. During the pandemic, the federal government introduced temporary full expensing that...
Importance of Loan Reviews

Importance of Loan Reviews

In a market of steadily increasing interest rates, there has never been a more important time to review your current home or investment loan. At the time of taking out the loan for the purchase or refinance of your property, it is true to say that you would have been...
New Broker of the Year Finalist

New Broker of the Year Finalist

Shakespeare is very proud to announce that Jacob Lay of Shakespeare Leasing and Mortgage Solutions has been named as a finalist in the Better Business Awards 2023 for New Broker of the Year. The 10th annual Better Business Awards 2023 recognises the leading...