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Marc Terrano

Marc Terrano is the lead publisher of Points Finder and a co-host of the Pocket Money podcast. He was previously a writer and publisher for home loans at Finder. Marc has a Bachelor of Communications (Journalism) from the University of Technology Sydney. He’s passionate about creating honest and simple reviews and comparisons to help Australians get the best value for their money.

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Hi Michael! Thanks for the comment. I was pretty surprised too, and with the amount of money they're spending on it maybe it will be more closely watched in future budget estimates. In any case hopefully the coffee speeds up the rollout of NBN services in my area! Thanks for listening, Marc.

Commented on finder.com.au Money Podcast #22: Al Bentley from Simply Wall St takes the terror out of shares, and we introduce The Thunderdome

Hi KB! Thanks for the question. Our understanding is that you can only withdraw the funds you contribute into your super account specifically for saving a home deposit under the First Home Super Saver Scheme, so any other amounts already in one's super account would not be able to be used towards the purchase of the property. For more information about how the scheme might work, read our guide. I hope this helps, Marc.

Commented on Housing affordability a continuing struggle for Aussies

Hi Michael! Thanks for the comment. There seems to be mixed signals surrounding bitcoin, so I personally am in the same boat as you, but it also seems like a promising idea. We're actually looking for a bitcoin expert to join us on the podcast soon to explain more about it and talk about the misgivings regular Aussies have about it. If you have any questions pass them on! Cheers, and thank you for listening! Marc.

Commented on finder.com.au Money Podcast #20: Bosco Tan helps you get control of your spending

Hey Daniel! Thanks for the question. The effect of fortnightly or bi-monthly repayments is to add an extra monthly repayment towards your home loan each year, so a similar effect might be able to be obtained by depositing similar extra amounts into an offset account. You might want to go through the sums with a mortgage broker, accountant or with your lender to find out exactly how it'll affect your loan term. I hope this helps, Marc.

Commented on Fortnightly vs Monthly Home Loan Repayments – which is better?

Hi Aiden, thanks for the question! To find a reputable buyers agent I would recommend searching the PropertyChat forum or starting a thread there - there are many recommendations there for good buyers agents. Alternatively you can search on the Real Estate Buyers Agents Association of Australia (REBAA) website. This is the professional body for buyers agents in Australia and allows you to search by state. I hope this helps, Marc.

Commented on How to choose a buyer’s agent

Hi Telstra! Thanks for the question. We're also very curious about what will happen to the challenge apartment. In short, we've heard nothing major about it yet. We think that it might be sold off at a later date - realistically they couldn't sell it on the day with the others otherwise it could've made it difficult for the contestants. We'll try to dig up and find out more! Thanks, Marc.

Commented on The Block recap: The distant future (26.10.2016)

Hi Des, thanks for the comment. This is very interesting (and obviously frustrating for you). I have not heard of this happening with Macquarie or other lenders before, but maybe someone else reading this has had a similar experience? Thanks again for the note, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi harro1! Thanks for stopping by. Unfortunately many credit unions didn't announce their changes until today, where they changed their rates for new customers. Which credit union in particular were you looking at? Regards, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi Peeved! Thanks for the feedback. I've updated our page to reflect this information. Regards, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi Steven, thanks for the update! The Beyond Bank website lists the change as 0.14% for owner occupiers and 0.10% for investors. Could you confirm the 0.10% was for an owner occupier loan? Thanks again, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi Gleung, thanks for the great suggestion! I'll work this into our piece! Cheers, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi VK, thanks for the question. I haven't seen any indication of changes yet from Liberty. We're monitoring them though so will let you know as soon as we see any changes. Cheers, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi Vin, thanks for the suggestion! I've added them into the list and will monitor them for changes. Cheers, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi Goz, thanks for the heads up! I've updated them in the table, it seem as though YBR has discounted their rates for new customers (particularly the Rate Smasher Home Loan) by 0.14%. Thanks again, Marc.

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

Hi Joe, thanks for stopping by! It looks like Aussie have dropped their rates by between 0.15% - 0.20% for new borrowers, although I haven't seen any correspondence to confirm this for existing borrowers. I will add a note to the table and continue to investigate today. Cheers, Marc!

Commented on FULL ROUNDUP: Which banks are passing on the August RBA interest rate cut?

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