Smartline Cairns Personal Mortgage Adviser, Jason Thomson

at 320 Sheridan Street, Cairns, 4870

Jason Thomson is a Smartline Personal Mortgage Adviser in Cairns. Over the last 15 years he has helped thousands of property buyers get the right finance.

Smartline Cairns Personal Mortgage Adviser, Jason Thomson
320 Sheridan Street
Cairns , QLD 4870
Contact Phone
P: 0740410055


Jason has 26 years of banking and finance industry experience, opening his own business as a Smartline Mortgage Adviser in 2004. With this wealth of knowledge and experience behind him, Jason makes the process of securing a mortgage simple and straightforward. Jason is committed to providing high quality mortgage advice and ongoing service to his clients. He listens to their needs, taking into account future plans, and researches all the loan options available to provide them with the advice necessary to make an informed decision on the right loan structure for their circumstances. An investor in local property himself for the last 20 years, Jason has a good understanding of gearing and taxation issues associated with rental properties. Through a network of professional business partners, Jason is also able to introduce his clients to legal, taxation and financial planning services to assist with wealth creation strategies. Jason prides himself on professional and personalised service - something that is the missing element in transactions with many banks and other lenders these days. You're invited to read over 100 testimonials from Jason's satisfied clients at With the support of the whole team at Smartline, clients can expect a friendly and stress-free borrowing experience.

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205 FB users likes Smartline Cairns Personal Mortgage Adviser, Jason Thomson, set it to 9 position in Likes Rating for Cairns, Queensland, Australia in Bank/financial services category

Well it's been 24 hours since the RBA announced a 0.25% reduction to the cash rate. What lenders have announced that they'll be passing on this cut in full? Thus far there have only been five: Bank of Qld ING ME Bank CBA Westpac

Published on 2015-02-04 03:29:56 GMT

The Reserve Bank has announced a 25 basis point cash rate cut, bringing the official interest rate to a record low of 2.25%. Great news for borrowers with variable rate loans!

Published on 2015-02-03 04:12:39 GMT

New Cairns MP Rob Pyne wants to revive controversial entertainment precinct.

Published on 2015-02-02 23:06:50 GMT

Financial market pricing suggests that there is a 50:50 chance that the Reserve Bank will cut rates tomorrow, but participants are more certain about a potential rate cut in future months. CBA's Craig James says, "While we can’t totally rule out a rate cut from the Reserve Bank, it is almost certain that there will be a shift in rhetoric. That is, rather than indicating that monetary policy is stuck in neutral, the Reserve Bank will shift to an ‘easing bias’ – suggesting rates could fall in coming months".

Published on 2015-02-02 02:04:47 GMT

THE MAJOR BANKS REVISE RATE FORECASTS AHEAD OF NEXT WEEK'S RBA MEETING. Market pricing is giving a one in four chance of an interest rate cut next week, but one major bank remains bullish. Westpac’s view is that the case for lower rates is strong. “The December Leading Index adds to this, showing growth momentum remains weak,” Westpac senior economist Matthew Hassan said in a research note yesterday. “With commodity prices continuing to fall in 2015, incomes and confidence remain under pressure,” Mr Hassan said. “We expect the December quarter inflation report due out later today will show sufficient scope for the RBA to cut rates, with a February move seen as more attractive for the Bank given that it coincides with a full Statement on Monetary Policy and a full revision to its forecasts,” he said. Falling oil prices and a devaluing Aussie dollar have forced two major banks to revise their cash rate forecasts ahead of next week’s decision. In another research note released yesterday, NAB Group chief economist Alan Oster said that while two rate cuts this year are still expected, their timing will be “very dependent” on data flow and “could start a touch later”. Mr Oster said lower oil and other commodity prices will lead to cuts to national incomes and lower inflation in the short-term. “Unemployment will continue to deteriorate but peak lower (6.6 per cent) and later (Q4 2015),” he said. Meanwhile, ANZ chief economist Warren Hogan said the major bank has factored in two 25 basis point rate cuts over the first half of the year. However, ANZ chief executive Mike Smith has urged the Reserve Bank to hold fire on interest rates and expressed confidence in the health of the Australian economy. Speaking to BlueNotes on video yesterday, Mr Smith said while plunging commodity prices were having an effect, the declining Australian dollar was mitigating some of the damage. “I think if I was the central bank I would wait and see how this plays out because if the currency can take most of the shock it’s a much better way to deal with it,” he said. “And of course it does leave you the option of monetary policy later.” Mr Smith said he still sees Australia as relatively well placed. “I’m still not too worried by the Australian economy,” he said. The Real Estate Institute of Australia (REIA) is now calling on the RBA to cut the cash rate following the release yesterday of the latest consumer price index figures. The December 2014 quarter CPI figures show the RBA’s underlying trend series measures of inflation continue to be well within its target zone. REIA president Neville Sanders said this should translate into good news for home owners. “In the December quarter, the CPI rose by 0.2 per cent and an annual rate of 1.7 per cent," Mr Sanders said. "These figures are below the RBA’s target zone of 2-3 per cent and should not put pressure on the inflation outlook. “The annual changes for the analytical series of trimmed mean and for the weighted median were 2.2 per cent and 2.3 per cent respectively and compared to the changes for the 12 months to the September quarter 2014 of 2.4 per cent for the trimmed mean and 2.3 per cent for the weighted median." The housing group increased by 0.5 per cent for the December quarter which was the same as the September quarter and an annual rate of increase of 2.4 per cent.The main increase in the December quarter for the housing group was for new dwelling purchases, which increased by 1.1 per cent. Rents increased by 0.5 per cent for the quarter and 2.4 per cent for the year. “With inflation under control combined with a slowdown in housing finance, it’s appropriate that the RBA board seriously considers a cut in interest rates at their meeting next week,” Mr Sanders said. Source:

Published on 2015-01-28 23:07:37 GMT

The Aussie dollar has taken a massive tumble from its high of $1.10 in 2011. It is currently sitting at $0.79 and some analysts believe it could drop to $0.75 by mid-2015. Domestic tourism will be the biggest winner from the dollar's fall, and this is great news for the Cairns economy. Australians can begin holidaying at home now, rather than heading overseas where it's become more expensive. Foreign tourists will also find it cheaper to visit Australia. Additionally, foreign property buyers will also be tempted by the lower dollar. The lower value of the dollar is making property here even more affordable to foreign investors and those looking to settle in Australia.

Published on 2015-01-27 04:04:34 GMT

CHINESE PROPERTY INVESTMENT SKYROCKETS. An inaugural report by global property group Knight Frank has found the total value of Chinese outward real estate investment has jumped 1,900 per cent since 2009. Launched last month, Chinese Outward Real Estate Investment: After the Initial Waves, What's Next? found Chinese property investment in overseas markets grew from US$0.6 billion in 2009 to US$12 billion in 2013. Focusing on three key markets – the US, UK and Australia – the report found that Chinese real estate investment volume in Sydney and Melbourne was almost comparable to that of London and New York in 2014. The report also noted that the Free Trade Agreement (FTA) signed between Australia and China in November will accelerate the flow of Chinese investment funds into the Australian property market. Neil Brookes, head of capital markets for Asia Pacific at Knight Frank, said investors today are shifting their focus towards sustainable returns in the long term. “The key factors for Chinese investors are the policy push from the Chinese government to diversify into other countries; a softening domestic market; and the pull from higher returns achievable in overseas markets,” Mr Brookes said. “Australia, the US and the UK are the top three markets most Chinese investors are looking at. “We saw five times as much capital outflow from China into these three markets in 2013 alone compared to the previous year,” he said. While capital cities are still favoured by Chinese investors, they are starting to look further afield to provincial towns for better yields, according to Knight Frank's head of research and consultancy for Greater China, David Ji. Meanwhile, the weakening Chinese property market is further driving investors towards overseas markets such as Australia. AMP Capital chief economist Shane Oliver last week forecast that China’s property slump could trigger a ‘hard landing’.

Published on 2015-01-20 02:23:42 GMT

2014 in review and the year ahead By Craig James Looking back on 2014 Lending growth remains healthy, although it remains skewed to business and housing markets with consumers not keen on taking on debt for purposes other than buying or building homes. It is probably best to describe 2014 as another year of disappointment. In January, the International Monetary Fund projected 3.7% growth for the global economy. Now it expects growth closer to 3.3%. Still, while growth was a little below the long-term average, it won’t be much different to 2013. The US economy is performing well; China is managing the transition from production to consumption; Europe is weak; and the falling oil price is stemming growth of energy producers. In February, the Reserve Bank tipped average growth in 2014 at 2¼-3¼%; in November the forecast was exactly the same. In other words, a little below average. The net effect has been to cause unemployment to drift higher from 5.9% to 6.3% but keep inflation under control between 2-3%. The economy continued its transition from growth driven by mining investment to one driven by home building and mining exports. Home prices rose by 7.9% in 2014 after lifting 9.8% in 2013. Returns on residential property outperformed government bonds, shares and cash in 2014. The Aussie dollar drifted higher from the late US80c area to the low US90c in the first half of 2014 but finally succumbed to lower commodity prices – particularly the slump in oil prices from September. The Aussie dollar lost US7.5 cents against the greenback over 2014 and fell against the $NZ dollar, but rose against the Euro and Japanese yen. The Reserve Bank left the cash rate at 2.5% over 2014. Bond yields ended 2014 lower in response to lower inflation risks. The ASX 200 rose by just 1.1% in 2014 after being up 5.7% in September. The World sharemarket (MSCI less Australia) rose by 3.3% in 2014. Outlook for 2015 Global economy Over the past 40 years, world economic growth has averaged 3.5%. Growth in 2013 was estimated at 3.3%. The IMF expects 3.8% growth in 2015. Emerging and developing nations in Asia are the key engines of growth. United States The US economy is effectively back to ‘normal’ with growth in 2014 likely to be 2.6%; above the 2.5% long-term average. The US Federal Reserve is expected to lift official interest rates around mid-year but only when it believes that inflation is set to rise. China The transition from production to consumption is still evolving. The economy will likely grow between 7-7.5% over 2015 and it will still contribute around a quarter of global economic growth. Europe The ‘sick man’ of the global economy will struggle over 2015 but weaker oil prices and stronger US economic growth will support recovery. Australia We expect economic growth in a 2.75-3.25% range in 2015, suggesting near ‘normal’ economic growth. Inflation should hold between 2-3%. Unemployment should improve to between 5.5-6% in the second half of 2015 as economic growth picks up pace. Australian dollar Over the past 20 years, the Aussie dollar has, on average, tracked in a US13.7 cent range. If normal volatility persists in 2015 then a range of US71-85c could be assumed. In 2014 we said “businesses must work on the premise that the Aussie dollar is likely to come under pressure” and downside risks still remain with the US Federal Reserve poised to lift rates. Interest rates Over 2014, the cash rate has averaged 2.5% – the lowest calendar year average since 1959. A weaker oil price and lower Aussie dollar will stay the Reserve Bank hands from lifting rates further. The Reserve Bank is likely to remain on the interest rate sidelines over the first half of 2015. While we expect the ‘normalisation’ of rates to start in the second half of the year, if inflation remains under control then rates will be lower for longer. A likely range for cash rates in 2013 is 2.25-3%. Sharemarket Last year we expected the ASX 200 to be between 5,400-5,700 by end 2014. But weakness in the resources sector restrained the sharemarket late in the year. After under-performing in 2014, we tip the ASX 200 to end 2015 between 5,900-6,200 with total returns around 15%. As a result 10-year and 15-year average returns on shares will be around 10%. The sharemarket will be supported by favourable valuations, strong corporate balance sheets, solid US economic growth, a switch of investor affections from property to shares and on-going maturation of the Chinese economy. In 2015 we don’t expect the sharemarket to face the same sort of headwinds it felt from lower iron ore and oil prices in 2014. The key risks for Australian investors in 2015 are the health of oil-producing economies following the fall of oil prices; deflationary tendencies in developed economies; health of the European economies; and the US correctly picking the timing of the start of rate hikes. Housing Growth of home prices will ease to the 4-7% range over 2015 as more homes are built and add to market supply. Slower population growth and increased supply will be balanced by low interest rates. Published on: Sunday, January 11, 2015

Published on 2015-01-12 03:36:39 GMT

RBA GIVES FIRST HINT OF RATE CUT IN 2015. The Reserve Bank of Australia has discussed the possibility of a rate reduction in 2015 but still believes "a period of stability" is the best course. The board decided at its monthly meeting on December 2 to leave the official cash rate at a record-low 2.5 per cent for the 16th consecutive month. According to the minutes of the meeting, which were released yesterday, the board felt that the current cash rate setting was the best way to stimulate sustainable growth while keeping inflation between 2 and 3 per cent. "Members considered that the most prudent course was likely to be a period of stability in interest rates," the minutes said. "They noted that market expectations implied some chance of an easing of policy during 2015 and discussed the factors that might be producing such an expectation." Westpac and NAB recently forecast that the cash rate would fall to 2 per cent in 2015: Westpac expects expects cuts in February and March, while NAB expects cuts in March and August. One factor that might prompt the Reserve Bank to reduce the cash rate is the high Australian dollar – and the minutes noted that this was a concern of members. "Despite the depreciation of the exchange rate, the Australian dollar remained above most estimates of its fundamental value, particularly given the significant declines in key commodity prices over recent months," they said. "Members agreed that further exchange rate depreciation was likely to be needed to achieve balanced growth in the economy." Board members agreed that very low interest rates had been supporting activity in the housing market, which in turn was expected to support consumption, according to the minutes. (Source:

Published on 2014-12-16 23:24:12 GMT

RENT COULD SURGE 50% WITHOUT NEGATIVE GEARING Abolishing negative gearing on investment properties could see the cost of renting increase by 50% or more, according to a national accounting and wealth advisory group. With 96% of public housing provided by ‘mum and dad’ investors, scrapping negative gearing would see the rental stock go into the hands of commercial investors – who will charge more in order to get the higher rental yields that they typically see on their commercial portfolios. Chan & Naylor’s managing director Ken Raiss says that yields for commercial property are typically 50% above residential property. “Like any other public utility, as soon as they enter private and more entrepreneurial hands then prices will go up, and in the case of public housing this could lead to a rental price hike of as much as 50% over time, resulting in the government having to shoulder the weight of providing a much larger percentage of housing for tenants and social dislocation for those unable to receive government housing,” said Raiss. “Small business owners wouldn’t invest in a new or start up business if they couldn’t claim their losses, so there is no reason why property investment should be any different.”

Published on 2014-12-04 01:47:02 GMT

BROKERS REACH HISTORIC MILESTONE History may remember 2014 as the year in which brokers became the dominant force in the Australian mortgage market. Brokers are now writing a majority of Australia's home loans for the first time in history. According to research commissioned by the MFAA, brokers were responsible for 51.5 per cent of residential finance in July, August and September. That compared to a market share of 49.7 per cent in the June quarter and 49.9 per cent in the March quarter. The findings were based on data provided by 19 aggregators. Brokers were also responsible for 67 per cent of the growth in the mortgage market during the 12 months to 30 September 2014. The third-party channel accounted for $37.7 billion of the $56.2 billion increase in mortgage lending reported by the Australian Bureau of Statistics. Brokers wrote a total of $151.7 billion of mortgages during that 12-month period, according to the MFAA. That represented growth of 33 per cent, compared to growth in total housing finance commitments of only 20 per cent. MFAA chief executive Siobhan Hayden said the results show that customers are increasingly turning to brokers, irrespective of the health of the general market. "The broker channel is going from strength to strength over time, and represents the consistent efforts that brokers are making to offer the best possible service to their customers," she said. Source:

Published on 2014-11-17 03:28:52 GMT

WOW! One of the banks has just announced a 3.99%pa 1 year fixed rate. Competition is still heating up amongst lenders with rates getting lower and lower. Contact me if you'd like more information.

Published on 2014-08-27 22:50:56 GMT

NON-MAJORS TAKE BIGGER SLICE OF THE MARKET. The major banks own an unrivalled share of the market, dominating 80.9% of the total residential mortgage market at June 2014, according to the latest quarterly property exposures statistics released by APRA. However, non-majors, who hold 10.6% of the housing loan market, have seen their market share jump significantly. According to the statistics, non-major banks increased their share of the mortgage market by 16.6% in the year to June 2014 – doubling the 8.2% increase experienced by the major banks. This is in light of the ‘mortgage wars’ spurred on by the majors this year, turning the heat up on an already competitive space. It's great to be able to offer my clients a broad range of competitive financing options that are no longer dominated by the Big 4.

Published on 2014-08-27 03:50:53 GMT


Published on 2014-08-20 02:14:45 GMT

BROKERS OFFER CONSUMERS CHOICE AND ARE HELPING TO DRIVE COMPETITION. Over the last 20 years the face of Australian mortgage lending has been transformed by the development of the mortgage broking industry. Today the Australian mortgage landscape has up to 12,000 brokers offering consumers competitive home loan products. These brokers, appropriately known as the third party channel, presently support close to 50% of loans settled in Australia. The majority of these loans of course still go through the banks, with their ongoing dominance of funding, but securitisation has now returned strongly and matured from its ‘coming of age’ test, to empower the non-bank lenders that brought the alternates to Australian borrowers, primarily through the brokers. Competition is flourishing once more and looks set to stay.

Published on 2014-08-15 22:55:51 GMT

This is an important warning for anyone that has a bank account. We have seen a dramatic increase in fraudulent emails that are being sent by criminals posing as major banks. Often these emails appear legitimate. They even use bank logos and email addresses that incorporate the bank's name. The aim of the game for these perpetrators is to capture your details. Once these criminals know your details they can potentially gain more specific information about your banking and passwords. When you receive one of these emails the following suggestions should sufficiently protect your details: 1. You should never open an email from a major bank that has not come directly from someone that you know. 2. If you receive an email from a Bank (that is not someone you know) mark it as spam and delete the email without opening it. 3. Once you have deleted this email you should then go one step further and delete the email from your trash folder. 4. Do not click any links within these emails. 5. Avoid forwarding these emails to anyone else. It is just a matter of time before you receive one of these communications so we hope this information keeps you protected.

Published on 2013-06-24 05:05:37 GMT

The best fortnight for buying a CAR! With just over a fortnight remaining for this financial year we thought that you might appreciate a little bit of inside information on the car industry. Every car dealer will tell you that May and June are busy times for new car purchases. Competition spikes, but why? There are two reasons: 1. Self employed people tend to speak to their accountants a few months prior to the end of the financial year. If they are having a good year the tax bill is likely to be high. The ensuing advice is often to purchase a business asset. A popular asset purchase is a new car. The car dealers respond by setting up sales and negotiating harder for a bigger share of a larger pie. What has been interesting over the last few years is that many "employed" people have also noticed this pattern and intentionally wait for this time of year to buy a car. The fun doesn't start and end with new cars either. 2. Dealerships are often highly motivated to reduce their used and demo car fleets at this time of year. This motivation stems from the fact that their 2012/2013 stock depreciates on the 1st of July. Conversely, for this reason, July and August are not great times to buy used cars from dealerships. We now have over a dozen different car finance lenders and our bulk buying power makes us a formidable foe for the dealerships. Esanda (ANZ) Westpac Equipment Finance St George Capital Finance CBA Asset Finance Macquarie Leasing GE Money People’s Choice Credit Union Service Finance Silver Chef Liberty Motor Paramount Mildura Finance Alphera Finance Make sure you call me before you head out looking for a great car deal! Cheers

Published on 2013-06-13 05:25:39 GMT

MORTGAGE BROKER'S POPULARITY CONTINUES TO RISE! Total market share of the mortgage broker channel is around 45 per cent of the $24.1 billion in home loans written in the March quarter, the Mortgage & Finance Association of Australia (MFAA) says. Business benchmarking group comparator researched the results of the top 16 aggregators to the broker channel to confirm broker share. “Mortgage brokers continue to lift their presence as a highly effective distribution channel for both large and small lenders, well supported by borrowers,” says MFAA President Phil Naylor Naylor says the major lenders continue to invest in the broker model, highlighting ANZ’s recent report that brokers held about 46 per cent of the loans written by the four major banks. “These market share numbers compare very favourably with those overseas, with Canada at about 27 per cent; the US under 40 per cent and New Zealand at 25 per cent, while the UK penetration of brokers still sits at about 50 per cent.”

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