Understanding Novated leases

Understanding Novated leases

What is a novated lease? A novated lease is a form of salary packaging that helps you finance a new or used car, while offering a range of potential benefits and tax savings. A novated lease is also known as ‘salary sacrificing’ a car. With a novated lease, you are...
Open Banking, Borrowers Be Aware

Open Banking, Borrowers Be Aware

Open banking started in mid-2020, requiring major Australian banks to make your data available to you upon request. Despite plenty to gain from open banking, including a lessening of paperwork and greater transparency, there are traps for the unwary, given lenders...