House Prices Continue To Improve

Written by Tricia Williams, Manager - Edney Ryan Mortgage & Finance

House prices continued to improve in the last months of 2012, according to the latest figures released by the Australian Bureau of Statistics. Preliminary estimates show the price index for established houses in the eight capital cities rose 1.6% in the December quarter 2012. This was the strongest quarterly growth in almost three years. In the final quarter of 2012,... Read more

Interest Rates Unchanged

Written by Tricia Williams, Manager - Edney Ryan Mortgage & Finance

At its meeting today the Reserve Bank Board announced interest rates would remain unchanged at 3.0%. The last rate cut took place in December, when a 25 basis points reduction took the cash rate down to the near 50 year low set by the Reserve Bank during the GFC in 2009. Patricia Williams is a credit representative (400458) of BLSSA... Read more

You and Your Credit Report

Written by Tricia Williams, Manager - Edney Ryan Mortgage & Finance

Any person in Australia who has ever applied for finance of any kind will have a credit report in their name.  With the rules around credit reports changing, do you know what yours looks like and whether it is correct?Credit Report Changes A new scheme that has just been approved by the government allows for even greater detail to appear... Read more

Edney Ryan Wealth Management launches share brokerage

Written by David Heyworth, Director - Edney Ryan Wealth Management

In response to our clients’ needs, Edney Ryan Wealth Management is pleased to announce that we are now able to off share brokerage facilities. We can now  buy and sell shares on behalf of our clients. We provide this service at substantially reduced brokerage rates, to save you money. Our Research and Advice We have access to independent research from... Read more

Protecting Directors from Personal Liability

Written by Andrew O'Donnell, Director - Edney Ryan Legal

As a company director, do you fully understand the obligations which relate to your duties? Breaches of director’s duties can lead to personal liability including civil and criminal penalties and liability for damages. Serious offences can lead to imprisonment. Most people would be aware of the fiduciary duties for company directors under the Corporations Act, including a duty to act... Read more

It’s Christmas Time….What’s tax deductible?

Written by Matthew Stewart, Director - Edney Ryan Chartered Accountants

It’s Christmas time….what’s tax deductible? December 2012 By Matthew Stewart, Director – Edney Ryan Chartered Accountants So it’s just about the time you are thinking “What are we going to do for our staff for Christmas” or “I hope my employer is going to put on a huge show for the festive season and it’s going to be big because... Read more

A Win for Borrowers: No More Exit Fees

Written by Tricia Williams, Manager - Edney Ryan Mortgage & Finance

The Government called it a “victory for Australian families” when mortgage exit fees were abolished on all new home loans since 1st of July 2011 as a measure to promote competition in the banking system.  The smaller lenders will now compete vigorously by offering cheaper interest rates, and the pressure will keep the rates low at the big banks so... Read more

Personal Properties and Securities Register

Written by Andrew O'Donnell, Director - Edney Ryan Legal

Does your business borrow or lend money? Purchase or sell goods on agreement, consignment or credit? Grow crops or raise livestock? Own or lease machinery or vehicles? If so, then the upcoming Personal Property Securities Reform will likely affect you. Currently there are numerous stand-alone State and Commonwealth registers of security interests for example the Register of Encumbered Vehicles (REVS),... Read more

Managing Wealth Transfer – Death and Taxes

Written by Carolyn Griffin, Director - Edney Ryan Chartered Accountants

Recently reading a copy of Jane Eyre, when she was asked where the wicked go after death, Jane replied ‘They go to hell’. When asked what should be done to avoid hell, Jane answered ‘I must keep in good health, and not die.’ But of course the grim reaper comes to us all eventually and when he does, that other... Read more

Is Your Personal Banker Looking After You?

Written by Tricia Williams, Manager - Edney Ryan Mortgage & Finance

Many of the large banks offer the services of a personal banker, otherwise known as a private banker or relationship manager. Supposedly if you have a personal banker you get preferential treatment, special access to advisors and the best solutions offered to you. You’d also expect that you’re being offered the best rates on your deposits and loans. In this... Read more