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Latest News

Happy New Financial Year !!!

July 1, 2024 in Latest News

The DPF Team wish all our valued clients a Happy New Financial Year and hope the year ahead is filled with good health and great prosperity for you and your family.

This is also a time when we remind you all to take a quick look at the current interest rates on your Home Loan or Investment Loan to see if your current interest rate is competitive, as it is common practice for many banks to sneak up the interest rates for their existing customers hoping they will not notice or ask for discounts.

Q: What currently is a low Variable Interest Rate ?

A: 5.99% p.a. – 6.10% p.a. … If your Home Loan does not have a 100% Offset Account


A: 6.14 – 6.25% p.a. … If your Home Loan has a 100% Offset Account


Q: What can I do if I believe my interest rate may be too high ?

A: Simply send an email to with the following information:

  1. Current interest rate
  2. Current loan balance
  3. Estimated value of your home / investment property


DPF Mortgage Specialists has been able to access the above-mentioned information through several banks and over the last 2 months, for clients who have loans with these banks, we have contacted your bank and requested reductions to your interest rates.

We are so pleased with the results we achieved on your behalf with the majority of these clients achieving significant savings each year and one lucky client saving over $9,800.00 per year on their Home Loan and Investment Loan.

Q: How much does this service cost ?

A: $Nil … This is all part of the ongoing service DPF Mortgage Specialists provides for our clients


Other Good News to share …

  • Stamp Duty is waived for First Home Buyers in Queensland if the Purchase Price is up to $700,000 (Note: Lesser discount available if Purchase Price $700,001 – $800,000)
  • Lenders Mortgage Insurance can be waived for First Home Buyers if the Purchase Price is up to $700,000 which could save you up to $30,000 in set up costs (Note: Conditions apply)
  • Increases in the value of your home or investment property can assist you to achieve lower interest rates
  • Several banks are currently offering Fixed Interest Rates up to 1.20% p.a. lower than the vast majority of banks which could save you up to $6,000.00 per year on a $500,000 Home Loan / Investment Loan
  • The DPF Team have assisted many of our clients who have fixed interest rates expiring to achieve low interest rates


We are very proud to announce that, once again, DPF Mortgage Specialists have achieved a 100% Approval Strike Rate with every Home Loan Application approved in the 2023 – 2024 Financial Year 😊

If the DPF Team may be of assistance to you, your family or friends please do not hesitate to call or email as we are more than happy to help.

Wishing you and your family a Happy New Financial Year.

RBA Interest Rate Decision

June 18, 2024 in Latest News, Rate Rises

The Reserve Bank Board has announced the Official Cash Rate will remain at 4.35% for June however the RBA will be keeping a close eye on the impact of the upcoming tax reductions on spending levels and inflation within the Australian economy.

New Stamp Duty Discounts for First Home Buyers in Qld

June 11, 2024 in Latest News

Premier Steven Miles has announced the 2024-25 State Budget will include new stamp duty discounts for first home buyers in Queensland.

The new stamp duty discounts are noted below:

Purchasing First Home / Duplex / Townhouse / Unit:

Purchase Price:Stamp Duty:
$1 – $700,000$Nil
$700,001 – $800,000Partial Discount

Q: How much will this save First Home Buyers ?

A: Up to $17,350.00

Q: When will this take effect ?

A: 9th June 2024

Below are the stamp duty discounts which apply to vacant land

Purchasing Vacant Land to Build Your First Home:

Purchase Price:Stamp Duty:
$1 – $350,000$Nil
$350,001 – $500,000Partial Discount

Q: How much will this save First Home Buyers ?

A: Up to $10,675.00

Q: When will this take effect ?

A: 9th June 2024

For more information click on CONTACT US are call our experiences Mortgage Specialists

First Home Owners Grants throughout Australia

December 1, 2023 in Latest News

Did you know that First Home Owners Grants differ from State to State ???

Below are the current First Home Owners Grants which are applicable for each state in Australia.

RBA … Rates on Hold

September 5, 2023 in Latest News

Following his final Board Meeting as RBA Governor, Philip Lowe has announced the Official Cash Rate will remain unchanged at 4.10% in September thanks to declining inflation figures, strong employment results and the economy operating at a high level of capacity utilization.

This is good news for Australian households 🙂

Gold Coast & Scenic Rim Home Owners …

August 23, 2023 in Insider Tips, Latest News
Today is the day conceptional words on white board

Just a quick note to remind you TODAY IS THE FINAL DAY to receive the discount for your Council Rates Bill if you own a property on the Gold Coast or Scenic Rim.

Don’t miss out and be forced to pay more than you need to.

Have a great day 😊  


RBA … Rates on hold

August 1, 2023 in Latest News

Good News …

The Reserve Bank Board has voted not to increase the Official Cash Rate this month. Home Owners across the country will be happy as this is the 2nd month in a row the RBA has retained rates at their current level and not increased our monthly loan repayments. Hopefully if inflation figures continue to fall the RBA will be able to continue to keep rates on hold.

Banks To End Refinance CashBack Offers …

May 29, 2023 in Insider Tips, Latest News

Banks Ending Offers to Pay $2,000 – $4,000 Refinance Cashbacks …

The banks offers to pay borrowers $2,000.00 – $4,000.00 to refinance their Home Loans & Investment Loans appears to be ending.

Several banks have recently removed their offers whilst other banks announced their Refinance Cashback offers will only be available for a few more weeks.

If you are considering refinancing your Home Loan / Investment Loan please do not hesitate to call or email me to discuss if this is financially beneficial for you.

Please Note: Not all banks offer Refinance Rebates and conditions apply.

RBA increases rates by 0.25%

March 7, 2023 in Latest News, Rate Rises

The Reserve Bank Board has announced today a further 0.25% increase to the Official Cash Rate.

Below is the Media Release from the RBA.

Media ReleaseStatement by Philip Lowe, Governor: Monetary Policy Decision

Number2023-07Date7 March 2023

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.50 per cent.

Global inflation remains very high. In headline terms it is moderating, although services price inflation remains elevated in many economies. It will be some time before inflation is back to target rates. The outlook for the global economy remains subdued, with below average growth expected this year and next.

The monthly CPI indicator suggests that inflation has peaked in Australia. Goods price inflation is expected to moderate over the months ahead due to both global developments and softer demand in Australia. Services price inflation remains high, with strong demand for some services over the summer. Rents are increasing at the fastest rate in some years, with vacancy rates low in many parts of the country. The central forecast is for inflation to decline this year and next, to be around 3 per cent in mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case.

Growth in the Australian economy has slowed, with GDP increasing by 0.5 per cent in the December quarter and 2.7 per cent over the year. Growth over the next couple of years is expected to be below trend. Household consumption growth has slowed due to the tighter financial conditions and the outlook for housing construction has softened. In contrast, the outlook for business investment remains positive, with many businesses operating at a very high level of capacity utilisation.

The labour market remains very tight, although conditions have eased a little. The unemployment rate remains at close to a 50-year low. Employment fell in January, but this partly reflects changing seasonal patterns in labour hiring. Many firms continue to experience difficulty hiring workers, although some report a recent easing in labour shortages. As economic growth slows, unemployment is expected to increase.

Wages growth is continuing to pick up in response to the tight labour market and higher inflation. At the aggregate level, wages growth is still consistent with the inflation target and recent data suggest a lower risk of a cycle in which prices and wages chase one another. The Board, however, remains alert to the risk of a prices-wages spiral, given the limited spare capacity in the economy and the historically low rate of unemployment. Accordingly, it will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms.

The Board recognises that monetary policy operates with a lag and that the full effect of the cumulative increase in interest rates is yet to be felt in mortgage payments. There is uncertainty around the timing and extent of the slowdown in household spending. Some households have substantial savings buffers, but others are experiencing a painful squeeze on their budgets due to higher interest rates and the increase in the cost of living. Household balance sheets are also being affected by the decline in housing prices. Another source of uncertainty is how the global economy responds to the large and rapid increase in interest rates around the world. These uncertainties mean that there are a range of potential scenarios for the Australian economy.

The Board’s priority is to return inflation to target. High inflation makes life difficult for people and damages the functioning of the economy. And if high inflation were to become entrenched in people’s expectations, it would be very costly to reduce later, involving even higher interest rates and a larger rise in unemployment. The Board is seeking to return inflation to the 2–3 per cent target range while keeping the economy on an even keel, but the path to achieving a soft landing remains a narrow one.

The Board expects that further tightening of monetary policy will be needed to ensure that inflation returns to target and that this period of high inflation is only temporary. In assessing when and how much further interest rates need to increase, the Board will be paying close attention to developments in the global economy, trends in household spending and the outlook for inflation and the labour market. The Board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that.

URGENT REMINDER … Property Owners on the Gold Coast & Scenic Rim

February 15, 2023 in Insider Tips, Latest News

Just a quick note to remind you TODAY IS THE FINAL DAY to receive the discount for your Council Rates Bill if you own a property on the Gold Coast or Scenic Rim.

Don’t miss out and be forced to pay more than you need to.

Have a great day 😊