CREDIT POLICY CHANGES

07 Nov 2019 CREDIT POLICY CHANGES

Posted at 16:28h in Finance Tip by superuser

The climate around lending has changed quite a bit over the past couple of years.

That means that just about every bank has a new set of policies and they aren’t offering the same loans in the same circumstances as they did just two years ago.

But, as Craig Ridley, Director of Lending Advisory at The Practice explains, with the right guidance you can find the right loan …

Get in touch today!

Melbourne Office
(03) 8888 4000

Sydney Office
(02) 9264 9688

info@thepractice.com.au

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4.9

Based on 76 reviews

The Practice

4.9

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Vivienne Dang

1725582294

Elizabeth has made what could have been a stressful process remarkably easy and seamless. Her responsiveness was exceptional, and she consistently demonstrated a strong focus on finding the right solution for me as her client. Liz provided clear, thoughtful advice and was proactive in addressing any concerns or questions I had. Her expertise and commitment to excellent service truly set her apart, making her invaluable throughout the mortgage process.This is why I have been using The Practice for the last four years and have recommended Liz to my friends and relatives. Everyone who has worked with Liz (and Craig) has echoed the same high praise. I highly recommend their services to anyone in need of a dedicated and professional mortgage broker.VD

Francoise Chen

1725581712

When our fixed rate loan was due to expire, Elizabeth helped us with finding another bank provider who was able to give us a better rate to refinance to and even helped with revaluation of our home to be able to make a decision to invest in our future. The process was so seamless and Liz was responding to us after hours which was so helpful. Liz has gone above and beyond in her service for us and we are truly grateful. Highly recommend her services to anyone looking for a first loan or refinance.

Neville Bull

1725511537

Very valuable and professional advice. We joined several years ago and financially have never looked back. Twice annual reviews are informative and allow for input by us as well as giving an overall picture of our financial health, both big picture and detailed. Have recommended them to both friends and family.

Steve Oemcke

1725401174

I recently used The Practice to refinance my home loans. Chris, Enana and the team were exceptional and I would thoroughly recommend them if you want to save some real money on your home loan.

Paul Asten

1725107369

Huge shout out to Chris, Enana. Matt, Cameron and the whole team at The Practice. We've been customers of The Practice for over 10 years and their professionalism, clear advice, and personal care make every interaction a pleasure.

Domonic Calderan

1724899344

The Practice have been amazing to work with over the last 12 years. In helping us secure my families financial future with the right super, insurance, loans, budgeting etc and keeping us on track to met our goals like investment properties & family holidays. Matt Morrison and the Wealth team, along with Craig Ridley and the Lending team have been extremely supportive & educating for me and my familiy in meeting our financail goals - basically removing all the stress. I highly recommend them to anyone looking for a professional & personable wealth management team that covers all bases.

First Point

1724844399

Last week we received an unexpected email, from our bank, that our mortgage had been reduced. The new payments were a huge saving per month and massive over a year. There was another email, from The Practice, who had acted on out behalf, and got our rate reduced. I had forgotten that they do an annual review, so it was a very nice surprise. It is very comforting to know someone is in our corner, to fight for a better rate. Huge thanks to Chris and the guys at The Practice, it is very nice to have you in our corner

Andy Hume

1724814382

Rob and his Team at The Practice are amazing, over the last 10 years they have completely turned our business around, I highly recommend them to anyone looking for a trust worthy and professional accounting firm.

Dylan de Britt

1724814236

Kane Coleman

1724799876

The Practice has supported me with personal superannuation and investment advice and strategies, financial planning and taxation matters for the last 10 years. The team is extremely professional and their personal, knowledgeable and thorough approach has provided me with great confidence in my financial plan. They make sure that my financial decisions are closely linked to my goals, lifestyle and values by taking the time to understand what's important to me. I recommend them highly as a financial advisor and partner.

Mike Smith

1724744210

My wife and I have been clients of The Practice for 25 years. They have been our tax agents, financial planners and loan brokers.They have assisted us with our personal finances and supported us in the running of our small business.Having the one company providing this support and advice in such a seamless manner has made life very easy for us and we are very happy with the results achieved.We are very grateful for their support all these years and highly recommend them.

Keith Allan

1724715823

We have been working with The Practice for over 16 years now and they have provided a steady hand and reliable support in ensuring we are on track with our yearly and future planning. Sage advice and constant updates to tweak our plan and ensure we making the right investments and setting things in motion to achieve our family goals. This has included financial planning, mortgage advice and planning, education funds, tax advice and planning as well as managing Super across two countries. I would recommend them to anyone looking to get financial plans and goals in place and work together to see them grow.

Wesley Allen

1724713437

The Practice have been my accountants for over 10 years and would not go anywhere else. Highly recommend them as good accountants are hard to find.

Joe Zucco

1724713048

As new business owner & client - the Team from The Practice have provided me with outstanding advice and service. I could not speak any higher of Matt and Rob. They have provided us clear instructions, set goals for the business and guided us to see our business have its best 6 months in its history. The best part is they are awesome to work with and make you feel comfortable every step of the way. I am looking forward to continuing to work with them for many years to come.ThanksJoe Z

Doreen D'Aspromonte

1724677567

Craig & Elizabeth were absolutely amazing. They were quick to take action on our loan and had everything done in a few days for the bank to approve. We both work long hours and everything was done via email and with prompt efficiency . Craig and the team made this all stress free for us and always took our calls when we had questions. I highly recommend Craig & Elizabeth to my friends and family. The practice team are the best !

Brenda Stewart

1724662100

The Practice has been managing my Investments for some years now and I am more than happy with them. I have always been well informed with how my Investments are performing and any queries I have are always answered promptly. I look forward to my yearly meetings to discuss how my Investments is performing and if I would like any changes to be made. I highly recommend The Practice.

Milo Rasinac

1724649367

We have had a fantastic experience with Rob and Matt and the team at The Practice.Always available when needed, forever making us feel like they have our best interests at heart. Very approachable and easy to work with. We have total faith and trust with the team at the Practice and will highly recommend them to anybody that requires assistance in financial planning and tax. Our business has benefited greatly with Rob, Matt and the teams support and direction.

Doug Gibson

1724645323

We met Matt Morrison, from The Practice through our former Tax Accountant, who suggested Wealth Management was an important step for us to take.Matt has been our Advisor since 2012 and we have been extremely happy with his advice. He listens to and understands our goals and aspirations and has developed a portfolio that has allowed us to reach our financial objectives.We feel our future has been well planned and orchestrated and are now secure and enjoying the retirement phase of our life.He has proven to be professional, reliable, dependable, and genuine and we recommend Matt and his Team for developing a road map to achieve personal goals.

Chrissi Alexander

1724636480

My husband and I have been using The Practice for financial planning advice for several years and we have always found them to be professional, transparent and trustworthy. Their advice has been sound and supported by researched data. We would not hesitate to recommend them.

John Attlesey

1724389209

We have been clients of The Practice for several years now.Quite early on we realised that their client/results based focus was exactly what we had been seeking over the years, but had never found with other financial planners.Providing us with advice about topic we would be unable to research in so much detail ourselves, and giving informed feedback on our own plans and ideas gave us so much peace of mind.We would have no hesitation in recommending Matt Morrison.

Bob Davies

1724370388

Have used the Practice for many years. Excellent service from all staff members. Always very helpful on any subject. We believe the results could not have been any better. Would not have any hesitation in recommending them to any new clients

Ralph Richardson

1724327034

We have relied on the team at The Practice since early 2019. During this time, they have carefully guided us through the challenges of global financial volatility and delivered continued growth of our retirement wealth, securing our ongoing lifestyle.Ralph and Karen Richardson

Kate LoPresti

1724315980

Matt and the team take the time to work through our financial situation and goals as well understanding what is important to us as a family. Helping us plan for the future whilst enjoying the present! Thanks Matt

Steve Russell

1724311198

Great people who always go the extra distance to ensure we are fully informed, understand the options and comfortable with the information and services provided.

Chris M

1724290750

We were initially apprehensive about getting financial advice after a family member lost money with poor advice from another company. We contacted the Practice in 2014 while we were living overseas and Matt Morrison was very honest about the limitations of what he could do, over & above what we were already doing, while we were non-tax residents of Australia. This honesty brought us back to The Practice in 2016 after returning to Australia. Matt is extremely professional and knowledgeable, and he is a genuine and caring person. I contacted him when I was being made redundant with a view to retirement. He spent a lot of time going through the numbers with me....again. As always, it was a very reassuring conversation.Aaron provides us with tax advice and does our tax returns. He is always very helpful and extremely responsive. We constantly feel as though we are in extremely safe hands with The Practice.

Paul Manning

1724283586

We came to The Practice almost 6 years ago after a recommendation from a friend who told us about a bloke who approached financial planning a different way. After meeting Matt for the first time it was clear that his approach was different. Human and far different to the other planners we had met in our quest to get financially prepared for the future. Matt spoke to us about our goals and objectives. Gave us scenarios and showed us what the future looks like under each. The money part seemed to then fit into that not the other way around. Fast forward to now and we are in our long term home, have an investment property under our belt, and a baby that fills our hearts. We’re not penny pinching and have a clear direction on where we’re heading and how our finances can help to get us there.

Colleen Stavrakis

1724233842

Our journey with The Practice has been nothing but respectful, positive, and life changing. We went from having plans with no idea on how to achieve them, to having goals.the sense of security, and a plan on how to achieve them financially. We almost feel like family..they have seen our children grow from primary school to adulthood, and supported our family choices from the beginning. We have always felt comfortable to express our dreams and goals, no matter how challenging they may be! So grateful to have connected... recommend to me by Nancy at HM. Group

Nicola Hofmaier

1724221824

We recently refinanced our mortgage with Liz, and we couldn’t be happier with the experience. Liz was incredibly prompt throughout the entire process, making sure everything moved along smoothly without any delays. Her communication skills are exceptional; she kept us informed every step of the way and was always available to answer any questions we had. On top of that, Liz made the entire process so easy and stress-free. We felt completely at ease knowing we were in such capable hands. Highly recommend her services!

Phillip Clarke

1724216799

I have found all personnel at The Practice to be extremely approachable and professional in everything they do. They quickly developed a good understanding of our financial status and goals and put in place a strategy to meet them. The regular meetings to review our portfolio and any changes in our objectives provide us with confidence and peace of mind. I have no hesitation in recommending the Practice to anybody seeking financial guidance and planning.

Ans Wright

1724210329

Matthew and his team are always very courteous, helpful and friendly with any interactions we have had with them.They make sure that our needs are seen to and any queries are dealt with very quickly, so that we are not left wondering if something is going to be done about things.Matthew has been a fantastic Financial Advisor especially for my Husband, after his late wife passed, to help him to sort out his finances and affairs and steer him in the direction that would be best for him, and has been a great support as well. He has also been a great support for both my husband and myself over the last 7 years since we have been married and helped us with our finances. He has become a friend as well as a Financial Advisor.Ans and Peter Wright

Jenny Morrow

1724207720

Matt and the team at the practice have been wonderful to work with in managing our finances. We could not be more than happier with the results they have achieved. They have been. amazing through the whole life style and retirement plan process. They are committed and passionateCommunication was always on point. One of the benefits is the relationship we have formed and the goals we have reached together.Matt together with his team have shared their passion, knowledge and shown a genuine interest in achieving the best results for usThank you to Matt and the team at The PracticeRay and Jenny Morrow

Sara Iogha

1724202370

Cannot highly recommend Matt and team at the Practice. We have been a client of the Practice for approx. 10 years, and we value their personable approach, along with their professionalism and expertise. Having the Practice team manage our financial goals gives us a huge amount of confidence for the future. We tend to sit and forget about our finances, so we appreciate the 1:1 review meetings and their ability to simplify financial information. What appeals to me the most is their genuine care.

Robert Gatt

1724194102

Dale Cary

1724192151

My wife and I have utilised the services of The Practice for well over 10 years and have always found the service and advice to be extremely sound and professional. We recently had a trauma insurance claim and the team at The Practice were extremely helpful in this stressful period. My wife and I are both very happy to recommend them for anyone requiring professional financial advice.

Ziggy Hanna

1724139026

They helped me so much with my business got me on track and tort me there is so much to business to learn than just running cables best thing i ever did was join The PracticeBig Thank You to Rob ,Jack and Moniquelove there work couldn't be happier

Lee Kenos

1724131661

Can't thank Rob & the team at The Practice enough. They have had a very positive impact on my business. Everyone that I have recommended them to is equally impressed. If you want great advice, an efficient team and to work with good people, look no further.

Helena

1724130049

Matt Morrison at The Practice has looked after us since 2009! Matt guided us through our transition from full-time work to retirement with the minimum of fuss. Matt ensures our best interests are his number one priority. Our peace of mind with the joint decisions we make are also paramount to Matt. Matt has always been available to us whenever we felt the need to discuss our investments. Matt instills confidence in us that our investments are being managed for our benefit!We could not recommend Matt and the whole team at The Practice highly enough. Matt and his team are a pleasure to deal with!Don & HelenaMornington

John Wren

1724117636

The Practice give us the peace of mind that our investments are working towards giving us a comfortable and secure retirement.Thank you guys.

Craig Ryder

1724110718

Been with The Practice for over 10 years and couldn't be any happier with the financial guidance they've provided. Additionally, they are always searching for ways to improve service and reduce costs.

Ed Nicdao

1724064187

Having been a customer of The Practice for almost ten years I am proud to say that they met and even exceeded my expectations of the service that the company had given us ( my wife is also included in this investment with the company ). Even in the turbulent times when there was a lot of volatility in the market I just hang on with the company because I trusted that they can overcome this market volatility and I was right. The performance of our portfolio still holds high amidst all the market challenges.

Annemaree Holman

1724044650

My finances before The Practice were scarey! I wasn’t sure how I would survive on my measly super while paying off a mortgage.I was a recently divorced mother in financial ruin.The Practice with Matthew & the financial team set me on a path to financial success. They listened to what I wanted & then set fiduciary actions to get there. I am extremely happy to say I am in a much healthier financial position & looking forward to a happy retirement in line with achieving the strategies set out by Matthew & his team. I absolutely recommend The Practice to anyone that wants financial advice & they are extremely non-judgemental 😀😀Thanks all at The Practice. 👍🙏

Francis Hempel

1724036497

I can't speak highly enough of Mathew Morrison and his team at The Practice. Thanks to Matt, I can now relax, knowing that both my money and my future are secure. Matt has always been laser-focused on our goals, designing a wealth strategy that perfectly aligns with what matters most to me and my family.His approach has given me a high degree of peace of mind, a strong sense of security, and confidence for the future.What truly sets Matt apart is his ability to create a financial road map that aligns every decision with our most important goals and deeply held values. And the best part? We've had plenty of fun along the journey! Matt is personable and passionate about what he does, which makes the entire process even more enjoyable.If you're looking for a financial planner who genuinely cares about your future and makes the process enjoyable, I highly recommend Mathew Morrison and his team at The Practice

Grant Hicks

1724018364

We spent a great deal of time researching financial planning organisations given we were entrusting our personal financial future in someone else's hands. In our first meeting with Matthew Morrison and the team at The Practice we knew we had made the right decision. We have seen the benefits of setting financial goals coupled with the results such as re-aligning our Superannuation to create greater returns. I can highly recommend utilising the knowledge and expertise of the team at The Practice.

Stephen Paxman

1723973995

Excellent personal advice and management. Always take the time to listen and extend to meet your financial objectives.

Rod Agar

1723783120

Matt Morrison and his team at 'The Practice' have been advising and assisting my wife and I for the past 10 years. Matt initially organised a financial retirement plan for us which has afforded us a continuing lucrative income from investments. The Practice team has also provided other financial assistance along the way associated with Tax Benefits, as well as advice with government health benefits acting officially as our direct contact with Centrelink in such matters. We could not be more pleased with the friendly, efficient and professional service that we have received over these last 10 years and continuing. We would highly recommend 'The Practice'.

john barker

1723780433

The service and the integrity of The Practice and its team championed by Matthew Morrison deserves a high rating

Mary Vlavianos

1723778822

A big thank you to Matthew Morrison and his team for providing exceptional advice in our financial strategy to maintain a good standard of life during our retirement.Matthew Morrison in particular has made us feel he is looking after us as he would his own parents.James and I had never heard of The Practice but are very thankful to our son Anthony who had exceptional service himself from Matthew and in return recommended The Practice to us.We have total peace of mind and we are able to fully enjoy our retirement and we know our future is in the safe hands of The Practice.We would highly recommend Matthew Morrison and The Practice to direct you with a confident financial road map for your future in retirement.

Edwin White

1723766354

Excellent relationship-driven services, above and beyond every time.

Denia De Mesa

1723726166

We were introduced to Matt by a friend. Since I have been searching for a reliable company/ person we could trust and give us peace of mind to assist us to deal with our retirement portfolios. We were extremely anxious as this is an area we’re not very familiar with. Scared to put our retirement saving in a company we were not familiar with. We have heard of a few unscrupulous, untrustworthy and unethical companies that had taken people’s life savings destroying their trust and leaving them devastated. Therefore when we had an appointment with Matt we had expressed our fearful concerns and how we felt. We were so concerned and very anxious but after long discussions he reassured us and he gave us advice. He discussed a few strategies that were based from what our concerns were and together we navigated into a plan that suited our retirement lifestyle. We have an ongoing 6 monthly discussion to keep us on track and for some minor readjustment for these strategies. 4 years on we still feel secure that our savings are safe and we continued to trust Matt as we still have a peace on mind thanks to his hard work, dedications to his clients including us, continued reassurances that we are in a safe company. We hope that this company will continue to grow, prosper and maintain a good and honest relationship with their clients who have so much trust in them. A heartfelt thank you to Matt and The Practice

Corrinne Armour

1723667117

Financial security is of great importance to me, but sadly of little interest! That's why I value having a financial advisor who I can trust, who works well with my accountant, makes my life easier, and looks after my investment present and future. I have worked with Matthew Morrison now for almost ten years, and have referred others to him because he knows his stuff, and cares for his clients.Thanks Matt and team.

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