Simply Living Spring 2020

Welcome to the Spring edition of Simply Living. In this edition, we take a look at the new era of Open Banking and what that means to you. We also take a dive into the current reality for first home buys, and whether now is a good time to enter the market.

Finally, we take a look at ways in which you can strike a balance between both residential and commercial property as part of a wealth creation strategy, by way of mixed use property investment.
Now you own your data: the new world of ‘open banking’ explained.The promise of open banking is big; a new, simpler way to share your personal financial data between banks, lenders and financial companies. It started on July 1. Here’s how it works and what it means to take back control of your data to get the best rates and offers. Read more
Low rates, high risk? Is it time for first home buyers to enter the market?With record low interest rates, a flattening housing market and repeated assertions from RBA governor Philip Lowe that a rates rise is not on the horizon, this may be the right time for first home buyers to strike. Read more
The best of both worlds: mixed use property investment.Mixed use properties offer a way to invest in both the residential and commercial property markets. While commercial loans often have higher interest rates than a home loan, the current low-rate environment and high rates of return could mean now’s your time to consider the pros and cons of mixed use property investment. Read more
I hope this edition of Simply Living has been of value to you in these difficult times. Please don’t hesitate to reach out if you’d like to discuss any of these topics further.Kind regards,Dom Del Borrello
Greenleaf Finance