ARMI Finance is now Sphere Loans

We've changed our name! ARMI Finance is now Sphere Loans. It's been well over 2 months since we made the change.

For over 15 years, we have served the community with exceptional service and making dreams come true to many families and individuals. We have gone above and beyond our call of duty as a mortgage broker. We’ve seen the industry go through unprecedented changes and it has taken us for a big ride. We would like to thank our valued clients for giving us the opportunity to help and entrusting us with their finance.

While the company has grown and matured, we have undertaken comprehensive research and undergone strategic planning and we have concluded and considered a new vision for the company. Our strategic focus is based around our client, service delivery, operational profitability, social responsibility and governance. As a growing company and to align our new goals and visions, we are excited to formally announce our new corporate trading name “Sphere Loans Australia”. The “Sphere” is our client and it will be the centre and core of our business. We take pride in our reputation and we will continue to serve with excellence and offer our clients a truly unique, unified services and personal experience.

We want to thank our family and friends for this opportunity and our valued business partners for their ongoing support. We ask God for guidance and seek wisdom to be prosperous, we believe in his leadership as we build and shape this business to provision and continue to grow.

Our warmest regards,
Mirasol and Ariel San Esteban


August cash rate remains at 1.50 per cent

The RBA met industry expectations today, announcing its decision to hold the official interest rate at the record low of 1.5 per cent for August, marking a year since the official cash rate last changed. Despite being under pressure from tepid economic growth, weak inflation and a surging Australian dollar, the Reserve Bank has left interest rates unchanged at its August board meeting. According to economist, our economy is still not strong enough to justify a rate hike and not weak enough to warrant a cut in official interest rates.

July cash rate remains at 1.50 per cent

The RBA met industry expectations today, announcing its decision to hold the official interest rate at the record low of 1.5 per cent for July.

Governor Philip Lowe's statement says while the bank expects the economy to gradually strengthen, growth in consumer spending remains subdued, "reflecting slow growth in real wages and high levels of household debt".

Meanwhile, in the past week, three of the four major banks have raised rates for interest-only borrowers while dealing cuts to principal and interest borrowers.

Avoid scammers this tax time

The Australian Taxation Office (ATO) has warned of an alarming rise in scammers to steal money from you by pretending to be from the tax authority. ATO advises to stop and think before giving away personal details or money to scammers this tax time. It’s important to remember that ATO will not email you and ask for your bank details, tax file number (TFN), transfer moneys or download a file.

Be wary of emails, phone calls, and SMS during tax time that claim to be from the ATO, even if it appears legitimate. If you receive a suspicious email claiming to be from the ATO, do not click on any links, open attachments or respond to the sender. If you are unsure about whether a call, text message or email is genuine, report it to ATO or call 1800 008 540.

RBA maintains June cash rate at 1.50 per cent

The Reserve Bank has left the official interest rates on hold at 1.50 per cent for a 10th consecutive month. According to Governor Philip Lowe, wage growth remains low and this is likely to continue for a while. Inflation is forecast to increase gradually as the economy strengthens. The bank observed that conditions in the housing market vary considerably across the country.

"Prices have been rising briskly in some markets, although there are some signs that these conditions are starting to ease. In other markets, prices are declining," Dr Lowe said in a statement.

Vote for ARMI Finance – Local Business Awards

We all share the dream of owning your own home and ARMI Finance loves helping families and individuals achieve their dream homes and wealth through property investments. We have been in business for over 14 years and voting for us in the Parramatta local business awards will mean a lot to our team. Our most sincere thanks to our clients with their continued support and loyalty and to all who spared their minute, thank you for voting! Simply click on the button below to vote.

No rate cuts for May – Rates steady at 1.5 per cent

As widely anticipated by leading economist and experts, the RBA today kept the official cash rate on hold at 1.5 per cent. With inflation trending higher rather than lower, there was no need for the Reserve Bank to cut rates again, according to CommSec economist Savanth Sebastian.

Governor Philip Lowe said in the policy statement that conditions in the house market continue to vary considerable around the country.