What is Lenders Mortgage Insurance
What is Lenders Mortgage Insurance (LMI)? Lenders Mortgage Insurance is a premium payment made by a borrower to the lenders insurer to insure a home loan. If a borrower defaults on their repayments and the bank is forced to sell the property, LMI would cover the lender if there is a shortfall in the amount […]
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Fixed vs Variable Rate Loans
A fixed rate is where a set interest rate is applied to the loan for an agreed term (usually 1, 3 or 5 years). Regardless of any interest rate changes, the principal and interest repayments will remain the same for the agreed term. This is very appealing for individuals that like to budget as the […]
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Interest rates as low as 3.99%!
Take advantage of interest rates as low as 3.99%! Interested in purchasing a new car, truck, plant & equipment? Contact our Lending team today to receive a free quote. At Callaghans we offer the following types of asset finance: Energy Efficient Equipment Finance Equipment Loan (Chattel Mortgage) Novated Lease Hurry these […]
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Harmony Day 2018
Callaghans will be participating in Harmony Day this Wednesday 21st March 2018! Harmony Day is a day to celebrate Australian multiculturalism, based on the successful integration of migrants into our community. Harmony Day is about inclusiveness, respect and belonging for all Australians, regardless of cultural or linguistic background, united by a set of […]
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Michael Williams Memorial Golf Day 2018 Photos
The Annual Michael Williams Memorial Golf Day was held on Friday 23rd February 2018. Here are some photos from the day!
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2018 Seniors Expo
Callaghans will be exhibiting at the 2018 Seniors Week Expo on Thursday the 15th of March 2018 at Exhibition Park! Come and say hi and meet our aged care finance team. Not sure how we can help you? For more information visit our Aged Care Cost & Finance Advice page or use the […]
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Michael Williams Memorial Golf Day 2018
On behalf of Callaghans, you are cordially invited to the 2018 Michael Williams Memorial Golf Day. Please join us for a day on the green to raise money for Bowel Cancer Australia. THE FEDERAL GOLF CLUB, GOWRIE DRIVE, RED HILL Friday, 23 February 2018 Time 11:00am – BBQ Lunch 12:30pm – […]
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How can a Financial Adviser help you?
It is a common misunderstanding of individuals when it comes to Financial Advisers and most ask the question – What does a Financial Adviser do? Without a financial plan in place, your financial situation becomes unorganised and uncertain. With the help of Callaghans, we can help you put these pieces together to create a comprehensive, […]
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Financial Planning Association of Australia Giveaway
It’s Financial Planning Week! As part of the celebrations the Financial Planning Association of Australia is giving you the chance to win $5,000! What would you do with $5,000? To enter simply click here and tell them in 100 words or less how the money will help you with your future […]
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Michael Williams Memorial Movie Night 2017
You’re Invited! Palace Electric Cinema 2 Phillip Law St, Canberra ACT Friday 29th September 2017 Arrival 5:45pm for 6.30pm start $50 per person Pre-movie Drinks+Nibbles+Ticket RSVP: Mon 18 September 2017 Allison.Maniatis@callaghans.com.au If you are unable to attend on the night, you can still make a donation to this great […]
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Callaghans Michael Williams Charity Race Day 2017
Join us for the inaugural Callaghans Michael Williams Charity Race Day on Sunday 19 November 2017. A three course meal and beverages will be served in the Rich Reward Room for an afternoon of racing and fun! The day will be used to raise much needed funds for Bowel Cancer research in honour of […]
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4.69% EOFY Car Finance Special
Or 3.99% on all qualifying Energy Efficient Motor Vehicle!!! Thinking about Novated lease, Chattel Mortgage/ Equipment Loan for a motor vehicle between $35,000 and $100,000? Now is the right time with great interest rates!!! Contact the Callaghans Lending Specialist on 02 6256 6000 or request for a call back. **This offer is only […]
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Salary Packaging for IT Contractors
How to Get the Best from Salary Packaging for IT Contractors Salary packaging (with the goal of reducing taxable income and therefore tax payable) is governed by the Fringe Benefits Tax (FBT) system. FBT acts to impose tax on benefits that are provided to employees in lieu of cash. The benefits are valued […]
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Superannuation Reform 2017
What you need to know There are some important changes coming to superannuation in 2017. The changes improve the fairness, sustainability, flexibility and integrity of the superannuation system. What are the changes? Introducing the transfer balance cap From 1 July 2017, there will be a $1.6 million transfer balance cap on the total amount of […]
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Income and Insurance
How long do you think you could survive on a zero income before needing to sell your assets? Are our priorities right? A survey undertaken by Lifewise found that 83% of Australian car owners insure their cars. However, only 31% of Australians insure their income. These statistics are quite alarming considering that 20% of mortgage […]
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Get fast vehicle, plant & equipment financing
Get fast vehicle, plant & equipment financing. As your Business grows, so does your need to add or upgrade assets to keep up with its growing demands. Your business may require certain specialised equipment, and over time those items will need to be replaced. Whether it is a car or even specialised machinery, we can […]
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Michael Williams Memorial Golf Day 2017
On behalf of Callaghans, you are cordially invited to the Michael Williams Memorial Golf Day. Please join us for a day on the green to raise money for Bowel Cancer Australia. THE FEDERAL GOLF CLUB, GOWRIE DRIVE, RED HILL Friday, 10 February 2017 Time 11:00am – BBQ Lunch 12:30pm – Shotgun Start Following the golf […]
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Top 10 End of Year Tax Tips
1. Take advantage of the Governments small business write off for all assets purchased for less than $20,000. 2. Receive the Government Co-Contribution benefit, note you must be working, and must meet an age test however if you earn less than $50,454 (or less than $35,454 for you to receive the full $500 benefit […]
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Callaghans Asset Finance
Callaghans can assist clients with financing cars, commercial vehicles, plant and equipment, motorcycles, etc. Currently, we use two lenders for asset finance: Macquarie Leasing and CBA. Interest Rates are as low as 4.99% and 4.49% respectively. We are able to arrange novated leases, chattel mortgages, CHPs and consumer loans. The online application is quick and […]
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Are you adequately insured?
Change can happen in an instance. People’s lives and personal circumstances can change in an instance. And if the unexpected were to happen, would those who are left behind be protected financially? In Australia, studies have shown that when asked the question of ‘do you want your family to be financially worse off, better […]
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Gearing and details on Negative Gearing
Gearing simply means borrowing money to buy an asset. In the case of property, you have taken out a loan to purchase a property. Negative gearing means that the interest you are paying on the loan is more than the income. As a result, you are making a loss. Neutral gearing means that the interest […]
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2016/17 Federal Budget Brief
1. Catch-up concessional superannuation contributions Individuals with a superannuation balance less than $500,000 will be allowed to make additional concessional contributions where they have not reached their concessional contributions cap in previous years, with effect from 1 July 2017. Amounts are carried forward on a rolling basis for a period of five consecutive years, and only unused amounts accrued […]
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Explainer: Income Protection Insurance
Insurance for something you can’t see or touch, such as your income, may seem strange. But how would you pay your mortgage if you were unable to work? When considering insurance, it’s common for people to pass it off as a pesky added fee involved in owning a car, running a business or protecting a […]
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Market volatility update
Overview Global stock markets have had a volatile start to 2016, with most markets recording losses over the first weeks of the year. Falls in global stock markets were prompted at the start of this year with some weaker manufacturing data in China and the US, and political tensions between Saudi Arabia and Iran. What’s […]
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ATO cracks down on utes after helping make Hilux a best seller
There's a rumour swirling from the Australian Taxation Office that its employees like to go to weekend footy
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What Comes First: The Property Or The Loan?
It’s easy to get carried away with the fun part of buying a property – looking at houses – but delaying the less compelling task of arranging finance will weaken your negotiating position
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