Up there, Cazaly … ?

Up there, Cazaly … ?

Imagine if we were talking about downing a few tinnies while revelling in your team’s grand final win. Because the above name is not only synonymous with shameless AFL promotion, it’s also a nod to South Melbourne’s Roy Cazaly and his famous giant leap formation to take the “mark”. His early 20th-century teammates would shout these words of encouragement each time he flew for the ball.

Unfortunately, words of encouragement are far from where we’re going with this.  When we say “up there”, … we’re referring to the ever-soaring interest rate hikes that are nothing close to scoring a win. It’s safe to say that Australia is facing some major discouragement when it comes to trying to stay financially afloat.

The Reserve Bank has already lifted rates seven times this year, and it’s not looking like letting up any time soon. They’re potentially in the running to double what they’ve already put into play.


Of course, in their mind, they are playing to win – and take home the trophy.


RBA’s plan to push through further interest rate increases has method to its madness.  It believes the hikes are necessary to fight the “scourge of inflation”. But in the interim, households are already struggling big time with high petrol prices and ballooning grocery bills. Further rate rises are certainly only going to add insult to injury.

The RBA is adamant, however, that it’s a long-game strategy. The bank’s governor, Philip Lowe, reiterates that the consequence of not raising rates would mean –


“The evil of inflation would be with us for longer, and the eventual increase in interest rates needed to bring it down would be greater.”


The RBA expects inflation to peak at 8 per cent by the end of the year – higher than the Federal Budget forecast of 7.75 per cent. That’s definitely sobering news for the average Aussie battler. But it seems our “coaches” know what they’re doing.  And the final score should reflect the hard work, dedication, and sacrifice currently faced nationwide.

Meanwhile, if you want to make your mark on the property market sooner, call us to find out how we can help.

Stressing out in the inner south

Stressing out in the inner south

It’s no secret that Australia is facing enormous mortgage stress right about now.  And, for some, it’s set to become a whole lot worse over the coming months.

With already 1.8 billion households suffering financially, things won’t exactly look any brighter if the RBA hikes their rates yet again.

It’s forecast that VIC, NSW and QLD homeowners will cop the biggest hit.  With interest rates rising and property values sliding, eastern state residents must surely be shaking in their boots.

And the predictions aren’t directed at low-income regions alone.  Some of the nation’s most affluent neighbourhoods will also be stung.

If interest rates rise again by a mere 1%, it’s expected that another 300,000 households will fall into severe debt overload in the next year.  And if inflation keeps going up while wages stay put, many will be left scrambling to cope.


Here’s what it currently looks like in real life.


  • $500k loan = monthly repayment increase of $140 = total of $472 per month since May
  • $750K loan = monthly repayment increase of $211 = total of $708 per month since May
  • $1m loan = monthly repayment increase of $281 = total of $994 per month since May


A household in mortgage stress is one whose monthly surplus is zero or runs negative – due to home loan repayments.  And judging by the figures above, it’s easy to see how more than half of Australia’s mortgagees might fall prey.

In Melbourne, it’s parts of the inner south that are getting kicked the hardest.

So, where does this leave Aussie homeowners?  Is there any light at the end of the tunnel?

The good news is – yes!  That’s exactly what GSA offers.  We’re all about helping everyday Australians pay off their mortgage sooner.

Come and have a chat with us.  We take the stress out, so you don’t have to.

Plunged into the stress-pool

Plunged into the stress-pool

What?  Wait a minute!  The RBA is doing what, now?

After six straight interest rises, a recent Aussie Home Loans survey has found that almost one in five borrowers are experiencing significant mortgage stress.  So, what is the RBA going to do about it?

They’re hiking their rates up even more!

There’s talk of RBA raising the cash rate as high as 3%, with economists predicting a peak of 3.35%.  The bank recently announced their latest point rise to 2.6%.  That’s a fair leap from the previous 1.85%.

As if full heads of hair around the country weren’t already falling out, this news has got Australian households reaching for the brown paper panic bag.

With only four in ten mortgage holders having budgeted for a 3% or under rate rise, more than half of homeowners nationwide are about to face a total financial meltdown.

Now let’s imagine any one of those borrowers losing their job!

Although some turbulence was expected after years of property supply and demand issues, RBA’s decisions will still hurt a lot of already-struggling families.  And it’s set to announce its next outcome over the coming months, where rates will likely climb once more.

So, how does one cope with all the stress?  It’s up, it’s down.  It’s under, it’s over.  No one quite knows which way is up.  Is there a next move to be made?  Or are we all facing a bit of a financial stalemate?

Homeowners are not getting a chance to catch their breath.  They’re sinking lower and lower into the cesspool of debt when what they really need is a lifeline.

If only there were other options.  A way out.

That’s where GSA comes in.  We’re the sturdy rope of hope for those who feel like they’re about to go under.  We offer game-changing investment strategies to help mortgagees come up for air.  And not only that.  We also help them get ahead of the curve, so their line of vision is always above the horizon.

Get in touch today to ask us more.

How will you get ahead at this rate!

How will you get ahead at this rate!

A predicted “avalanche of rate rises” from the RBA could see you paying an extra $3000 on top of your already stretched budget.

The increase is prescribed to lift Australia’s cash rate and quell the ever-climbing cost of living.  But it all sounds like a bit of a catch 22.

And it’s not just one rise.  It’s expected to be a spate of multiple increments, but experts are hesitant to say exactly when this will occur.  It’s likely to be later in the year and somewhat dependent on what’s going on with events overseas.  To get the ball rolling though, the first increase has already come into play.


The crux of it is – the Reserve Bank will always strive to keep inflation between 2-3%.  And this can be a delicate balancing act alongside things like maintaining low unemployment.


But the Aussie economy has gone gangbusters, and it’s kind of escalated out of control.  Demand is way higher than supply (for pretty much everything).  That means that all the prices have gone up too.  So, to counter this, the RBA has no choice but to stop people from borrowing and spending.  The economy simply needs to slow down to find an even keel.


This strategy may look like it’s going to hurt, but we’ll all be able to breathe easy in the long run.


Of course, it won’t do anyone any great favours until then.  Both house hunters and homeowners alike will face the extra burden of having to find more cash. And households, in general, will struggle to keep finances in check.

So, wouldn’t it be nice in times like these to have a passive income stream that operates outside the box?  A way to pay your mortgage and feed your family without looking over your shoulder?

If you’re interested in something like that, give us a call to find out about our unique investment strategy.

When on earth will house prices drop?

When on earth will house prices drop?

We’ve never seen anything like it!  Housing prices just keep rising higher and higher.  And let’s face it, most of us have been completely priced out of the market by now.  But to make matters worse, prices are forecast to lift even higher again next year, picking up by a further 8%.  What’s a homebuyer to do?  Will we ever get a reprieve?

Well, actually – yes.  Eventually.

Westpac is tipping that we’ll see a welcome change by 2023.  Perhaps even as early as late 2022.  Here’s what dwelling prices are set to look like in each major city.


Sydney:  2021 up 27% / 2022 up 6% / 2023 down 6%

Melbourne:  2021 up 18% / 2022 up 8% / 2023 down 6%

Brisbane:  2021 up 22% / 2022 up 10% / 2023 down 1%

Perth:  2021 up 15% / 2022 up 8% / 2023 down 1%

Adelaide:  2021 up 18% / 2022 up 8% / 2023 down 2%

Hobart:  2021 up 25% / 2022 up 6% / 2023 down 2%

Nationally:  2021 up 22% / 2022 up 8% / 2023 down 5%


So, you can see the gradual decline that’s forecast over the next 12-24 months.  And while the property market has gone berserk in spite of COVID, there could be some long-awaited relief on the not too distant horizon.

Interest rates are expected to increase from their current 0.1% to 1.25% by 2024.  It’s what the banks are calling the correction phase.  There’s a balancing of the scales that’s need to bring the market back into order.  It includes a tightening of lending criteria and more barriers for non-homeowner entry.  But Westpac cautions that raising rates any higher will do more damage than good, placing significant stress on household finances.  So, it’s a delicate dance of slowly but surely.

That’s at least some favourable news.  But it still leaves many house hunters in a bit of a financial pickle.  So, is there an alternative way to get into the market sooner?  You bet!  It’s via our property syndication model.  Why not drop in on us instead of waiting around for prices to drop.  Book an appointment today.

Home loan influx as banks loosen up

Home loan influx as banks loosen up

Christmas is a time for giving and helping others.  And that’s just what was happening over the holidays, with mortgage brokers swamped by home loan applications.  It was festive cheer all round due to property market growth, interest rate cuts, and relaxed lending conditions.

It seems the bulk of applicants were up-sizers and first home buyers – eager to take advantage of the current market climate.

According to Mortgage Broker, Will Unkles – “Deals are going through far easier; there are less questions from banks.  Lenders are being less critical.”

The buzz was fuelled by the Federal Government’s First Home Loan Deposit Scheme, seeing first-timers in a race against the clock to get on board.  Given there are only 10,000 approved loans under the scheme each year, there has been a flurry of activity at this end of the market.

But, even with all their rosy dreams and extra pennies, the property market still has a tight squeeze on smaller investors. Which is surprising given there are so many factors working in their favour.  Yet, property market growth goes hand in hand with price growth, meaning those looking for their ideal home still can’t afford it.  Whether a complete newbie or hopeful up-sizer, many are being forced to compromise or give up.

So, although the initial deals are going through with great gusto, buyers are still left floundering. It all sounded good in theory. Turns out – the reality is something else.

If you’re one of the lucky ones to have secured the Federal Government deposit scheme loan or are simply perusing your market options, come and have a chat to us.  What we offer is a guaranteed financial leg up if you’re not quite ready to commit to a full-time mortgage.  It’s an easy, care-free opportunity to grow your wealth and buy your dream property sooner.  And it’s our gift to you.