L O C A L M AT T E R S
HEALTH
FINANCE
FINANCE
with Brendan Butler and Peter Patrikios
with Rachael Yurko
with Marilyn Brayshaw
NEW HEALTH APP 14 DAYS FOR FREE
THREE THINGS YOU NEED TO KNOW…
TIPS FOR A SMOOTH HOME LOAN PROCESS
Is sedentary work affecting your health? Many businesses are trying varying strategies to combat negative health consequences of sedentary working environments. Increasingly, occupations require us to remain sedentary using technology for multiple consecutive hours. Stand-up-desks still leave us feeling stiff, sore and struggling to remain productive. Many people will spend 40 hours per week at work; a significant contributing factor to increased sedentary time if your occupation isn’t particularly physical. Small movement breaks throughout the day have profound positive physical and mental health benefits. Offit was founded because we want to make a positive difference to this growing number of people affected in Australia and globally. OFFIT is an app that encourages you to take movement breaks by sending notifications providing a simple exercise with a video and instructions. Exercises are office appropriate, based on your chosen body areas (e.g neck and lower back) and Offit tracks your progress.
…about Income Protection (before October 2021).
With record low rates, cashbacks and other incentives, lenders are extremely busy processing loan applications. Here are some things you can do to help your application along and minimise the chances of delays.
We are excited to provide a tool for individuals and companies who want to prioritise health and productivity while increasing comfort. Download the OFFIT app and enjoy a 14-day free trial. An ongoing subscription is just $2 per month. ca Offit Available at the app and play stores.
10 ISSUE 99
Income Protection is bleeding the insurance industry and the regulators are stepping in. Here’s what’s happened, what’s about to happen – and why it affects you: 1. Agreed value is gone, so you’ll need to prove your income when you go on claim – not when cover commences. You can’t be better off on claim than at work. 2. T hree-tiered disability definitions are going… and while that might sound a little technical, simplified, it means it’ll be harder for you to prove you’re not capable of working. 3. G uaranteed renewability will be history. With details yet to be finalised – what we expect is that every five years, insurers will need to re-underwrite income and occupation for the insured. It may pay to be across what’s coming and ensure you have access to what’s available now, if these features are relevant to you. ca
Be organised. Get all of your documentation, identification and other details ready. Be upfront with information. Provide all the necessary documents upfront and convey as much detail as possible about your financial position. Get preapproval. Houses are selling fast! We suggest getting preapproval so that when you’re ready you can put in an offer. Reduce or eliminate other debts and excess expenses. The simpler these are to verify, the smoother the application process. Every application is unique, so the best approach is to act early and be prepared! Doing all of this on your own can be daunting. The best part is, we as Mortgage Brokers are here to walk you through the process, answer your questions, collect what’s required and find you a great deal on your finance. We’re here to help. ca
Thrive Financial
Astute Financial Management Pty Ltd
Ph 0432 067 181 Web www.thrivefinancial.com.au
Ph 0414 789 665 Web astutefinancial.com.au/mooloolaba/ ABN 59 093 587 010 Australian Credit Licence Number 364 253
