Do you know your borrowing capacity?

With the Royal Commission into the Banking, Superannuation & Financial Services Industries well under way and lenders coming under fire for the way they have conducted themselves in recent time, lenders have already started to act to save their image. One way lenders have started to combat these negative findings it to batten down the hatches and tighten their lending to new potential borrowers. A few of the ways lenders…  Read more

What determines an interest rate change?

Whilst everyone with a mortgage keeps an eye on the RBA Cash Rate announcement each month to determine what will happen with their current interest rate, there are multiple other factors that come in to play when banks determine your interest rate. A very important factor and one you should keep your eye on is the Bank Bill Swap Rate (BBSW). In simple terms, the BBSW is the short-term interest rate…  Read more

Do you know your credit score?

If you’ve heard the term ‘credit score’ but don’t know your own, it’s time to find out, because it’s one of the most vital parts in determining your financial health. Many people think that a credit score only really matters when it comes to being approved for a loan or credit card, but it goes far beyond that. Judged on your past history, your credit score can follow you forever…  Read more

The 2018-2019 Federal Budget has been announced – so what does it mean for you?

On Tuesday 8 May 2018, the Federal Treasurer Mr Scott Morrison handed down the 2018-2019 budget. Whilst there was emphasis on bringing the budget back to surplus earlier than originally planned, as well as individual tax cuts, we have prepared a tax and superannuation brief to help break down all of the announcements and what they mean for you. If you have any questions about how the Federal Budget for…  Read more

Good News story – home loan arrears continue to decline

There are many articles in the press that are pessimistic and depressing regarding home loan borrowers. This article proves there is good news as well. Australian home loan arrears fell during the month of October, continuing the trend from previous months, according to S & P Global Ratings. Australian home loan arrears for prime residential mortgage-backed securities fell to 1.04% in October. This is below the October average of 1.13%…  Read more

What is Your Credit Rating?

If you are applying for a loan, or any type of credit, you can obtain a credit report which contains information about your credit history. All lenders obtain a credit report on you when you apply for a loan and often your credit rating will play an important role in the application process. What information is collected in a credit report? Personal information, such as name, date of birth, address,…  Read more

Allan Hall impresses as finalist for SMSF and Accounting 2018

Allan Hall is excited to announce that it is officially in the running to take home four awards at the prestigious SMSF and Accounting 2018 Awards. This is a nationwide industry event which recognises performance in SMSF and accounting professions across Australia, honouring the individuals and businesses who are leading the way in SMSF advice and accounting by championing professionalism, quality advice and innovation.

Global alliance focussed on business excellence

Allan Hall is the Sydney member of Alliott Group, an award winning, growing, global alliance of 160+ accounting, law and consulting firms in 60+ countries.