Jul 25, 2024
With the new financial year underway, lawyers looking to expand
their property portfolios or get on the property ladder should do
the “smart yards”, not rest on the laurels of increased borrowing
capacity, and ensure they are getting the best deal for themselves
in the current market.
In this episode of The Lawyers Weekly Show, host Jerome Doraisamy
welcomes back Legal Home Loans director Andrew Johnson and director
of sales Cullen Haynes to discuss the state of the “moveable feast”
that is the Australian property market, why banks move their rates
in line with the Reserve Bank, whether the start of the new
financial year brings new opportunities for lawyers to be aware of,
and what bankers might not be telling legal professionals about how
best to get ahead.
Johnson and Haynes also delve into the good news for lawyers who
have been promoted in recent times and those who run their own
practices, why asking the right questions is so critical, the need
to be diligent and not rest on one’s laurels, practical steps that
lawyers can and should take at this juncture, meaningfully making
time to do a financial wellness check, having a personal board of
directors for financial matters, considerations for high-net-worth
lawyers, and why if you don’t ask, you don’t get.
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If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@lawyersweekly.com.au for more insights!