02 9522 3000 john@hunterwood.com.au
John Manciameli handed a letter to the Prime Minister of Australia

John Manciameli handed a letter to the Prime Minister of Australia

I personally handed a letter to the Prime minister of Australia On Friday night 7th December 2018, I did something I have never done before. I personally handed a letter to the Prime Minister of Australia. The letter below was written on behalf of my 15,000+ colleagues in the mortgage brokering industry and all the clients I disappointed this year because of the Royal Commission into Banking Misconduct. On behalf of all mortgage brokers in Australia, I am sorry if you had your home loan aspirations affected by this Royal Commission. The good news is the mortgage brokering industry has banded together and started exerting pressure to find a middle ground where lending kicks starts again. To all my colleagues in finance, if a humble mortgage broker in the suburbs of Sydney can find his way to the prime minister, may I encourage you to take up the call to arms from the MFAA/FBAA to contact your federally elected member. Feel free to to copy and paste the letter I wrote below. Your clients need you, our industry needs you, Australia needs you. PS – that really is box of Pannetonne I handed our prime minister!   Dear Scott Thank you for taking the time to read this letter. My name is John and I am a humble mortgage broker working in Sylvania Waters, Sydney. I speak on behalf 16000+ mortgage brokers whom act on the dreams and aspirations of hundreds of thousands of ordinary Australians. The Royal commission into banking has had unintended consequences on Australians. I thank you in advance for the opportunity to bring what’s happening...

Why Now May be the Best Time to Invest in Brisbane Real Estate

Residential prices in Australia rose by 3.7% during the first quarter of 2017. Sydney and Melbourne continue to house the most expensive real estate properties in the states of New South Wales and Victoria respectively. The median property price in Sydney is $950,000 while it is $710,000 in Melbourne. At these prices, no wonder Australians still find it difficult to live the “Great Australian Dream” of buying a home.But conditions may be right for you to consider investing in Brisbane real estate instead of Sydney or Melbourne. Here are 3 reasons why you should keep an eye out for Brisbane real estate: Property Price Differentials. The increase in real estate prices in properties located in the states of New South Wales and Victoria have created significant property price differentials with those located in Queensland.The median price of a house in Sydney is 2.2 times the median price of a house in Brisbane. Meanwhile, the median price of a house in Melbourne can buy 1.5 times the median price of a house in Brisbane.Historically, these price differentials have led to an increase in interstate migrations.Increase in Population Flows. It is estimated that interstate migrations will average an increase of 20,000 to 25,000 population flows to Queensland every year.The increase in population flows is expected to provide a major boost to the economy of Queensland which recently benefited from the resurgence of its mining sector.Increase in Housing Demand. Another beneficiary of the increase in population flows is the demand for housing.Presently, Queensland has 68,000 dwellings under construction. Even though annual dwelling completions increased to 42,000, Queensland’s population rose by just 1.4% or...