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Australian Finance Podcast

Why Owen wants to refinance (and how to do it), why Perth house prices are up 24% in one year & your property questions answered by Chris Bates

Jul 29, 2024
Chris Bates, an expert mortgage advisor and co-founder of Flint Group, joins Owen Rask to unravel the intricate world of refinancing. They discuss the astonishing 24% rise in Perth's house prices and debate its sustainability. Chris explains the refinancing process, why it matters, and how to navigate the tricky landscape of brokers and agents. Listeners also get insights into whether their real estate agents have their best interests at heart, making this a must-listen for anyone exploring property investment or refinancing options.
57:54

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Refinancing is a vital financial strategy that enables homeowners to adjust their mortgages and enhance financial resilience.
  • Perth's property prices have surged by 23.6% in one year, driven by local demand factors rather than national trends.

Deep dives

Exploring Income Alternatives in a Low Yield Environment

With the S&P ASX200 yield declining below 4%, investors are seeking alternatives for income and franking credits. The YMAX fund from B2Share presents a compelling option, boasting a running distribution yield of 7.8%, or 9.7% when accounting for franking credits as of June 2024. This fund aims to provide a quarterly income stream derived from a portfolio of the top 20 Australian shares. Such investment tools serve as a response to current market conditions and provide income-seeking investors a viable method to enhance their returns.

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