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More time at home means many Australians now have the opportunity to re-assess their lifestyle and spending habits and set some serious saving goals. So how can you actually go about it?

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In this episode of The nestegg Podcast, host Grace Ormsby is joined by Melbourne-based Reventon’s Billie Christofi to talk all things finance and the impact of isolation on our hip pockets.

In stage 4 lockdown, Billie shares the importance of going back to basics when it comes to budgeting, methods to re-assess spending habits, and some of the less conventional ways people can boost their wealth at this time.

Thanks Billie, for sharing your insights with the nestegg podcast team!

Have an investment story to share? Get in touch at [email protected] and you might get featured on an upcoming episode!

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From financing a credit card debt to deciding on a home loan, Nest Egg’s got your back! " ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(66) "Borrow Money - Your Guide to Loans and Credit Management | nestegg" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-09-02 02:50:12" ["slug"]=> string(43) "15670:capitalising-on-the-covid-19-pandemic" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(56) "/resources/podcast/capitalising-on-the-covid-19-pandemic" ["image"]=> string(43) "images/podcasts/Billie_Christofi_WEB_ne.jpg" ["image_alt"]=> string(0) "" } }

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Borrow

Why low interest rates are forcing investors to look beyond the banks

By Mayfair Platinum

August 08 2019
Share

Borrow

Why low interest rates are forcing investors to look beyond the banks

By Mayfair Platinum
August 08 2019

Promoted by Mayfair Platinum.

Why low interest rates are forcing investors to look beyond the banks

By Mayfair Platinum

August 08 2019
Share

Promoted by Mayfair Platinum.

Dear Investor,

The RBA has held the official cash rate of interest at an all-time low of just 1.0% and thousands of Australian investors, including retirees, self-managed superannuation funds (SMSFs), companies and individuals, are now left stranded earning less than 2.0% on their idle cash.

LOW RATES HAVE TAKEN THEIR TOLL

For many investors the fall in rates over the past 8 years has led to:

less retirement income to live off
fewer family holidays
reduced discretionary spending
downsizing of the family home
taking risks with volatile investments (e.g. stock market)
…and in many instances financial duress.

We have heard of these frustrations and many more from Australian investors.

INVESTORS ARE FORCED TO SEEK ALTERNATIVES

For many, earning a low rate of return on their idle money is neither desirable nor sustainable, particularly given that inflation is currently higher (1.6% per annum) than the cash rate (1.0% per annum).

Investors are now forced to look for alternatives to keep ahead financially and maintain their lifestyles. Otherwise they risk going backwards by doing nothing.

THE SHIFT TOWARDS NON-BANK ALTERNATIVES

Low interest rates have resulted in much-needed innovation within the financial services industry to fill the gaps left by the banks, both in terms of investment products and also deployment of capital. Non-bank alternatives have created wide opportunities for investors and companies.

Note: since the Global Financial Crisis in 2008, many banks have tightened their lending policies, meaning that many strong businesses have been unable to secure bank funding, creating a substantial gap in the market for non-bank alternatives to provide a conduit between borrowers and investors seeking consistent income.

MAKING THE SWITCH

If you are considering making the switch to a non-bank alternative to achieve a better return on your idle money, remember that all investments carry a level of risk and you should be comfortable with the investment strategy of the company you choose to invest with.

HOW MAYFAIR PLATINUM CAN HELP

Mayfair Platinum is a dedicated investor-facing division of the Mayfair Platinum group, an international investment and corporate advisory group with offices in Melbourne, Sydney and London.

We specialise in providing qualified investors with income-generating investment products to help them keep ahead in the low rate environment.

Qualified investors can access term-based investment options starting from AU$100k and ranging from 3 months to 5 years, with the option of monthly interest payments. We accept investment from individuals, self-managed superannuation funds, companies and trusts.

A FORWARD-THINKING INVESTMENT STRATEGY

Mayfair Platinum is licensed by the Financial Conduct Authority in the United Kingdom, and group members hold assets in 11 countries across industries including wealth management, corporate bonds, business credit, fintech and real estate, including a focus on investments that can bring about positive social change.

Our team strategically selects businesses that banks generally won’t lend to due to their lending policies, and applies capital, management, finance, sales, marketing and operational expertise to deliver investor value.

CREATING WIN-WIN OUTCOMES

Whether you choose to move your money to us or another alternative, interest rates appear unlikely to increase for some time. We are big believers in creating win-win outcomes for our investors as we have considerable ‘skin in the game’ with each investment.

Mayfair Platinum is also focused on providing investors with certainty in relation to their capital and interest payments; after all, certainty helps drive investor confidence.

GET STARTED

To see if you qualify for Mayfair Platinum’s investment options simply visit www.mayfairplatinum.com.au or call our friendly Australia-based team on 1300 794 460. We answer new enquiries within 2 business hours as we appreciate your time is valuable.

Access income-generating investment opportunities typically reserved for investment banks, stockbrokers, family offices and the ultra-wealthy

^{For more information see www.mayfairplatinum.com.au. * For wholesale investors only - not available to retail investors. Terms, conditions and risks apply. Mayfair Wealth Partners Pty Ltd (t/a ‘Mayfair Platinum’) (ABN 74 168 878 779, Auth. Rep. No. 001 276 207 of Quattro Capital Group Pty Ltd (ABN 88 128 914 965, AFSL 334653)) provides general financial product advice to wholesale clients in Australia only, and only in relation to financial products of its corporate group. Mayfair Platinum (UK co. no. 10527210) is an appointed representative (FCA ref. no. 844866) in the UK of Sapia Partners LLP (FCA ref. no. 550103). Prospective investors are encouraged to request relevant disclosure documents to ensure that they are fully informed, and to seek independent advice, before deciding whether they consider any financial products to be suitable for them or making any investment decision.}

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