We recently invited Colin O’Loughlin, Director and Mortgage Broker of Arch Brokerage to the webinar. Here’s what he said –
“Cashbacks have been rife within the finance industry for the best part of the last three or four years. There’s been a lot of lenders that have access to cashback options. Anywhere between $2,000 and $5,000, which is quite a bit of money moving between lenders.
We are seeing them go away from the market. So, we’ve seen pretty much all your Big 4 lenders pull out of that, minus ANZ. It’s less than a handful of lenders left; whereas previously, we would’ve said there’s a good 10 or 15 that are offering cashbacks. So, we’re seeing a lot of the lenders pull out of the market.
It’s not always a driving factor, but if you can get a better rate and you can get these cashbacks while they’re still around, it can still be a great opportunity to take advantage of the money that’s available from the lenders right now.”
If you’re keen to explore changing accountants, we have a non-obligation process to do that. The first step is booking a strategy call with one of our accounting team. It’s a free 20-minute zoom or phone call where you get to meet us to manage your questions.
From that point, you can consider doing a “Look Under The Hood” with us. There is no obligation to change accountants, but we give you a second opinion if you’re paying too much tax.
Throughout that process, we can identify any problems we see with your current setup. Anything that your current accountant hasn’t claimed, or tax you may have overpaid, and strategies of how we might fix that going forward. We can run through with you once you book with us.
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