Blog - Page 3 of 21 - Raiz Invest

Bring to the table win-win survival strategies to ensure proactive domination. At the end of the day, going forward, a new normal that has evolved from generation.
October 26, 2022

houses

The Home Guarantee scheme

The Home Guarantee scheme (5% deposit scheme) will continue with 10,000 spots in the program each year to 30 June 2026. Buyers only need a minimum 5 per cent deposit and they will not need to pay lenders mortgage insurance (LMI) on a 95 per cent home loan. The program will be open to First Home Buyers who are Australian citizens, who are at least 18 years of age. Permanent residents are not eligible. Single applicants with a taxable income of up to $125,000 per annum for the previous financial year and couples with a taxable income of up to $200,000 per annum for the previous financial year, as shown on the Notice of Assessment (NOA) issued by the Australian Taxation Office for the previous financial year. Participants must live in the property for at least the first 12 months. It is not open to investment properties. Couples are only eligible for the First Home Guarantee if they are married or in a de-facto relationship. Other individuals buying together, including siblings, parent/child or friends, are not eligible for the First Home Guarantee.

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September 12, 2022

12-09-2022

George Lucas, Raiz Group CEO

It was a positive week in US markets, with all sectors on the S&P 500 finishing up Friday as the market shook off weeks of declines. At home, the ASX 200 was also up for the week.

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August 22, 2022

The 3 savings methods (and one sneaky pseudo-feature) that helped me save for the first time in my life.

I’ll be honest – I’m not known as much of a saver. I don’t usually have a lot left over at the end of the month and my parents have had to bail me out a few times over the years (especially at rego time 😒). And while I’ve always wanted to be able to save, be more savvy with my finances and learn how investing works – it’s always sat out of reach in the too-hard-basket.

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