(Housing Industry Association)
The fall in housing starts for the second consecutive quarter in June highlights the need to the importance of initiatives to boost the supply of affordable housing, such as the launch of the Housing Affordability Fund.
HIA, Australia's biggest residential building association said a 40,000 dwelling shorfall in the 2007/08 FY highlighted the need for housing affordability initiatives.
Australian Bureau of Statistics figures released on September 15, showed total new home starts fell by 3.7 per cent in the June 2008 quarter to a level of 38,348, the lowest in a year.
Detached house starts increased ...
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Categories: Insurance, Media Articles, Mortgage Brokers, News.
X Inc Finance August Newsletter
By Justin P. Brown MBA, BCom, Cert. IV (Finc. Plan)
A lot of people ask me what the differences among Income Protection policies. This month I will cover the features and benefits of Income Protection [Replacement] policies in the Australian today.
Standard Features
Most Income Protection policies provide the following features:
Provide a maximum of 75% of the insured's pre-disability personal exertion income
Provide a benefit in the event of incapacity [defined in the Life Office Product Disclosure Document]
Have variable waiting periods from 14-720 days before benefits commence
Provide benefits of up to 2 or 5 years or up to ...
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Categories: Insurance, Media Articles. Tags: 100% Home Loans, lo doc, low doc, low-doc-loans.
X Inc Insider
(Justin Brown, Risk Advisor)
Its official, Australians have never been wealthier, more indebted or fatter. In fact the prognosis for this and subsequent generation's is a double jeopardy. Whilst we can expect to live longer [mortality] we are suffering and surviving more illnesses and trauma's as we live longer and medical intervention prevents us from premature death.
This lifestyle [sic] breakthrough has created a need for Australians to consider how to fund 20 plus years post retirement. Wealth creation has been in abundance for the last 15 years, with record low unemployment, stable monetary conditions and robust economic ...
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Categories: Insurance, Media Articles.
Email: jpb@mwbrown.com.au Web: www.mwbrown.com.au
I have had a number of enquiries from Australian Citizens living offshore and thought it topical to elucidate further on the options available to this class of people in terms of accessing Australian underwritten Risk Insurance. In many cases, risk insurance is available to Australian Citizens resident overseas provided they can satisfy the following requirements:
They are Australian Citizens
Can demonstrate an intention to return to Australia evidenced by domestic property ownership or similar interest in real property
Are employed as Professionals
Specific insurances available include:
Term Life Insurance and/or Total and Permanent Disablement
Provides a lump sum ...
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Categories: Insurance, News.
By Justin P. Brown MBA, BCom, Cert. IV (Finc. Plan)
Email: jpb@mwbrown.com.au Web: www.mwbrown.com.au
What is Business Overheads Insurance?
Business Overheads Insurance is an indemnity contract that provides liquid funds to a business owner to meet specified business overheads for a pre-determined time until the proprietor is partially or fully recovered from an illness or injury. By its nature this type of policy applies to personal exertion businesses and is more applicable to sole traders and self employed individuals who can prove legitimate and recurring business overheads to the Insurer. Business overheads insurance is often sold or bundled with Income Replacement ...
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Categories: Insurance, News.
