Victorian Finance Group launches BreakFree 2010
BreakFree 2010 is a 3 step process directed at teaching you the secrets & making you an expert at managing YOUR Money, YOUR Mortgage & YOUR Financial thinking. While protecting your most valuable asset, you and your family.
Step 1 – Money Makeover, plug the gaps
Our Financial Advisor will help develop your plan for 2010.We work with you to identify a protecion strategy for the ones you love the most. Review your super and your Tax plan
Step 2 – Mortgage Makeover, loose some fat
Review your cash flow, personal debt, credit cards, car loans and the mortgage. Put in place a Mortgage Makeover plan and teach you how to invest and grow your wealth
Step 3 – Moneymind [...]

According to a list compiled by APM, the nation’s most affordable suburbs are Coonamble in NSW, which has an average home value of $77,500, Coober Pedy and Fisherman Bay in South Australia, which average $81,500 and $92,000 respectively, St Arnaud, Morwell and Red Cliffs in Victoria and Hughenden in Queensland, which has an average property price of $99,000.
Research manager for APM, Yvonne Chan said investors and first home buyers obviously need to stick with affordable properties to enter the market – but the key to long term price growth is purchasing within 5km of the capital city’s CBD where rental demand will always be strong.
“First home buyers can turn their first home into an investment property later on if they [...]

The Real Estate Institute of Australia (REIA) has hit out at a recent St George property hotspot report stressing that banks should stick to lending and leave property buying advice to estate agents.
“The banks need to be careful what they support because they are regarded as being credible institutions,” REIA president David Airey said.
Mr Airey said that St George, together with its parent Westpac and the Commonwealth Bank of Australia, account for almost 60 per cent of all lending, highlighting the influence these institutions now have in the market.
“Some buyers might rush in and buy a property on the back of a bank’s advice, without taking into account sound real estate advice.”
Mr Airey said it was ironic that the banks, [...]

Economic conditions in Australia have been stronger than expected, with consumer spending, exports and business investment notable for their resilience. Measures of confidence have recovered. Some spending has probably been brought forward by the various policy initiatives; in those areas demand may soften in the near term. Some types of capital spending are also likely to be held back for a while by financing constraints. But overall, it now appears that investment may not be as weak over the year ahead as earlier expected. Higher dwelling activity and public demand will also start to provide more support to spending soon and, hence, growth is likely to firm going into 2010.
Unemployment has not, to this point, risen as far as had [...]