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  • Why do we have to pay stamp duty?

      A recent online Mortgageport poll found that 100% of respondents believe stamp duty should be abolished. But did you know that for some NSW home buyers, it already has been? What is stamp duty? Stamp duty is a tax charged by the government on the sale of property. It […]

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    Cracking a worthwhile sponsorship deal

    One way to raise your profile as a small business is to enter into a sponsorship arrangement or partnership with another organisation. This is a way of aligning your company name with another in a way that supports your brand through a form of third-party endorsement. Mortgage manager/broker Mortgageport is […]

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    Sydney’s growth areas to get 13,000 homes

    NSW Premier Barry O’Farrell has announced 10,000 homes will be built in Sydney’s north-west with another 3000 in the region’s south-west. “Home ownership in Sydney remains a dream for many young families,” he said today. “My government will build the homes Labor failed to provide and ensure residents have jobs […]

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    Senate upholds ban on mortgage exit fees

    The Senate has backed a federal government ban on home loan exit fees, rejecting a bid by the opposition to overturn the prohibition, aimed at increasing competition in the home loan market. The Gillard government announced plans to ban mortgage exit fees last December in a bid to boost competition […]

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    Coalition’s exit fees stand slammed

    A threat by the Coalition to overturn the Gillard government’s ban on bank mortgage exit fees has prompted an angry response from consumer group Choice. The ban is due to take effect from July 1, but can still be reversed by a majority vote in federal Parliament. The Coalition would […]

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