At Madison Finance we believe in providing our customers with the best possible service. As part of our novated lease product we offer a free car buying service. Our staff consists of experienced car buying experts that have negotiated thousands of deals on every type of vehicle across Australia. We are familiar with rebates and incentives offered by dealers that otherwise you wouldn’t necessarily be aware of. We in turn pass these savings on to you.

When negotiating a vehicle price for you we obtain confirmation from the dealer of the price prior to deliver to avoid any price change. We believe in providing our customers with a convenient, professional and stress-free car buying experience. Our friendly and knowledgeable staff, are at your assistance to make your vehicle purchase a satisfying experience.

Finding the right finance is not as easy as it may sound. You need to know which financial institution is going to not only provide you with the best finance product but also approve your loan. By applying for finance with a number of different financial institutions it can impede on your chances of having your finance approved. Every time you make an application with a financial institution a check is made with the Credit Reference Association of Australia (CRAA) to ensure that you don’t have any defaults.

If finance companies find that there are a number of CRAA checks made on your credit file they assume that you have been refused finance from these financiers. To avoid this situation you need to ensure that you are using the services of a finance broker. A finance broker will know which financial institution is going to approve your loan and provide you with the best possible finance deal. If you require a low document or no document loan you wouldn’t use the same financier as you would for a straightforward application. Consumer loans and business loans also differ.

Every financial institution has their own requirements for approving finance and a finance specialist will be aware of these requirements. Financiers often have monthly promotions that are only available to finance brokers, which you wouldn’t have access to if you applied for finance directly. A finance specialist will be aware of all the promotions and special offers provided by their lenders, thus being in the best position to ensure that you are being provided with the best possible finance solution to suit your needs, budget and circumstances.

There is no doubt that the economy is improving as RBA boss Glen Stevens describes this as “one of the shallower recessions we’ve ever experienced”. Interest rates are still low but won’t stay this low for too long. Businesses are now looking for opportunities to make the most of the recovery period and ensuring they are best positioned for growth.

The confidence is based on statements from international and local experts. A recent report by the International Monetary Fund (IMF) has given Australia a remarkably sound bill of health saying it has among the most impressive national economies. The world body confirmed the downturn in Australia has been milder than in most other advanced countries. The IMF’s view has been joined by AMP’s Chief Economist Dr Shane Oliver who points out that nine major global economies, including our vital commodities customers like China, Korea and Taiwan, are now reporting positive GDP growth.

Property trusts are also making their move. A year ago the property trust business was the pits with most pulling down the shutters and in survival mode. Today most have repositioned their businesses convinced the economy will deliver another boom. A quick look through the list of those claiming a solid future include Macquarie Country Wide Trust, Westfield Group, Dexus Property Group and Prime Property Funds to name a few.

You can hardly have missed it but just about all the statistics to do with business and the economy are trending up. Job advertisements are continuing to rise with independent research showing the last two months recording the biggest lifts for over a year - an average of four percent. Retail rises yet again with the last monthly gain being one percent. The vital business services sector, according to its own industry group, is slowly turning around with last month’s new orders showing small growth. Even manufacturing which has been through one of its worst periods ever, is now posting nearly a one percent growth following nearly two years of decline.

Credit to the private sector continues to slowly grow, lead by housing where even the investor sector has finally swung around to now record a 0.4 increase. Businesses are paying faster with figures from Dun & Bradstreet showing payment terms across the board have reduced by nearly three days to an average of just over 54 days in their last quarter.

The Australian dollar is currently trading at 90 US cents. Economists are predicting that the Australian dollar is worthwhile investing in as they predict that it will be equal with the US dollar within a year. With the Australian dollar being so strong it will mean lower inflation from cheaper consumer goods and petrol. It will also be easier to repay our international debt. On the flip side the returns for farmers and miners will be lower.