News Archives - WhiteStar Group

Shift in lending policy could bite investors and interest-only loans

by wsgadmin2021-10-14

Blog, First home buyer, Home Loan, Mortgage, News

The Federal Treasurer has signalled a tightening of borrowing criteria that could severely impact property investors with high levels of borrowing, as well as those with a fixed-term interest-only loan soon coming to an end. Not to mention the effects the changes could have on…

What’s in the federal and state budget for home ownership?

by wsgadmin2021-05-24

Blog, News

What’s in the federal budget for homeownership? Twelve-month extension of the HomeBuilder construction commencement period for existing applicants. First Home Loan Guarantee Scheme: An extra 10,000 places in the New Home Guarantee scheme. Under this scheme, the first home buyer only needs a 5% deposit…

Positive changes herald in the new financial year

by wsgadmin2019-07-30

Blog, News, Tax

The 2019 tax package The Federal Government’s new tax package, which became law earlier in July, will see lower and middle-income earners enjoy tax relief of up to $1,080 for singles and a maximum of $2,160 for couples. In addition, by reconfiguring tax brackets, the…

The final report from the Royal Commission: read our comments

by wsgadmin2019-02-06

Blog, Mortgage Broker, News

The final report from the Hayne Royal Commission into the finance sector was released yesterday (4/02/2019). With so many articles, opinions, and general comments flying around it has become clear that there are changes coming to the mortgage industry. The concerns around remuneration and how…

The Royal Commission

by wsgadmin2018-10-30

Blog, General, News

A Royal Commission is the highest form of review and inquiry into matters concerning the public. Since March 2018, A Royal Commission has been investigating Australia’s financial sector to determine if entities have engaged in misconduct. WhiteStar supports a more transparent and effective finance industry…