About Loop Financial

At Loop, we’re your very unordinary property finance people. We’re a straight talking, uncomplicated kind of bunch and whilst we can get a little overexcited about what we do, we try to keep that side of us under wraps… or for special occasions. We’ve got the financial smarts, the stats and the know-how but what makes us pretty bloody good, is that we’ve been there ourselves. We get it and we actually give a damn. We’re not going to tell you to do something that we wouldn’t do with our own money; in fact we’re not going to tell you what to do full stop! It’s all about loading you up with the right knowledge and tools, so you can gain the smarts to make your own financial decisions. At Loop, we believe it pays to know more.

Housing affordability and the July 2017 rates decision

By | July 4th, 2017|Loop Financial|

With the new housing affordability measures now in place as of 1st July, how will this affect housing demand and property prices? Some have even predicted a change in the cash rate. However, the Reserve Bank of Australia (RBA) met today for its July RBA rates decision and decided to keep the official cash rate on hold [...]

The temperature isn’t the only thing cooling down! June 2017 rates decision.

By | June 6th, 2017|Loop Financial|

After a month where we have seen property prices cooling down in Melbourne and Sydney there was talk of a possible rate cut. However, the Reserve Bank of Australia (RBA) met today for its June RBA rates decision and decided to keep the official cash rate on hold at 1.50 per cent. In their official statement, the [...]

How to get ready for End of Financial Year (EOFY)

By | May 16th, 2017|lifestyle, Loop Financial|

There’s a lot to love about tax time (said no one ever!). We know it’s very easy to find ways to keep putting it off, but in the end there’s no avoiding EOFY. Nobody loves the idea of having to spend hours searching through their inbox, files, and drawers and wherever else they keep their invoices, receipts [...]

Phew….that is the sweet sound of relief! May 2017 rates decision.

By | May 2nd, 2017|Loop Financial|

With the Autumn property market in full swing, the Reserve Bank of Australia (RBA) met today for its May RBA rates decision shindig and decided to keep the official cash rate on hold at 1.50 per cent. We have no doubt that this will (if not already) generate a collective sigh of relief from mortgage holders [...]

The final RBA decision of the year! December 2016 rates decision.

By | December 6th, 2016|Loop Financial|

With the final RBA rates decision today until February 2017 (that is one long summer vacay!),  the Board have decided to leave the cash rate unchanged at 1.50 per cent, hmmm...that sounds familiar, anybody else have that Déjà vu feeling? The global economy is continuing to grow, at a lower than average pace. Labour market [...]

Homeowners opting for renovation over pricey upgrades

By | November 8th, 2016|Market Information|

Rising property prices are pushing homeowners to find new ways to achieve their dream home. Unable to afford the upgrade to a larger property, more and more homeowners are instead choosing to renovate their existing property – spending an average of almost $70,000 while they're at it, according to new research. The 'Houzz and Home' [...]

Scott Morrison says he’s prioritising housing affordability, but should we believe him?

By | November 4th, 2016|Market Information, Politics|

Scott Morrison has just made a commitment to something that could make or break the Coalition's campaign for the next election. The Treasurer has acknowledged the need for housing to become more affordable – and soon – but his solution steers clear of the controversial changes to negative gearing and capital gains tax that Labor [...]

Australia’s housing market staying strong (for now)

By | November 1st, 2016|Banks & Finance|

If you're on the verge of buying your first home but have been waiting for property prices to stabilise or even fall, it looks like you'll have to hold out for a while longer. After this morning's RBA decision to leave the rate unchanged at 1.50 per cent, it was noted that housing market conditions [...]

The RBA decision that stops the nation! November 2016 Rates Decision

By | November 1st, 2016|Banks & Finance|

All of the banks are lining up and the gates are drawn and they are off! But is looks like there will be neigh change for the month of November. In the RBA's meeting today, the Board have decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to [...]

Brisbane replaces Sydney as first choice for investors

By | October 26th, 2016|Market Information|

Sydney is falling out of favour with property investors. It's becoming too expensive – even for them, say experts, and Queensland is benefitting from their investment dollars instead. A survey of 1000 property investors carried out by the Property Investment Professionals of Australia (PIPA) found that the years of booming prices have taken their toll and [...]

NAB increases minimum deposit for ‘risky’ suburb properties

By | October 26th, 2016|Banks & Finance|

Just when you thought the banks couldn't make it any harder for first homebuyers to secure a place of their own, one of the major banks has announced you'll now need a 30% deposit if you want to buy in one of its blacklisted 'risky' suburbs. NAB's blacklist contains more than 600 suburbs and towns [...]

How your home’s floor plan can affect its value

By | October 24th, 2016|lifestyle|

While location is still king when it comes to driving up real estate prices, there's something else that encourages buyers to pay more – even if they may not realise it. It turns out that a good, functional floor plan can make a property stand out from the crowd and have buyers fighting over it. [...]

Sydney home building is on a roll

By | October 21st, 2016|Market Information|

There are no signs of new home construction slowing in Sydney, with the latest figures from the NSW Department of Planning & Environment reporting a 16-year high. Over the 2015/16 period more than 30,000 new homes were completed in Sydney – that's 10.4% up on the previous year. And two out of three new homes [...]

If you really love them… keep them out of the dryer

By | October 19th, 2016|lifestyle|

We LOVE the convenience of tumble dryers and the lovely fluffy clothes they give us, but there are some things you just need to take a little more time and effort over. Avoid the stress and cost of ruined clothes or – worse – an expensive dryer repair by keeping these things out of your [...]

300,000+ mortgage holders could be at risk of loss

By | October 17th, 2016|Banks & Finance|

Owning a home with a mortgage may give you a sense of financial security, but a new report by Roy Morgan has shown that 6.8% of people with a mortgage (311,000) in fact have hardly any real equity built up in their home. In these cases, people's homes were found to be worth the same, [...]