The dangers of upgrading to Windows 11
with Jeff Harper Cartridge World Castle Hill
With every release of a new Operating System ( OS ) there are potential risks . One of the biggest risks is for owners of older printers - why is that ?
Printer companies are not obliged to write new drivers ( software ) to suit new versions of an OS . It costs them money to write new software and the OS companies do not pay them to write it .
When you buy a printer the printer company clearly outlines what OS systems it was designed for . If you change to a non-supported OS ,
there is no obligation for the printer manufacturer to support your decision .
The reality is that printer companies will write new drivers for a while , but if your printer is an older model then don ’ t be surprised if it ’ s not supported . Before upgrading , check with the printer manufacturer .
The other risk of upgrading is that your current printer driver may be corrupted by the new OS and you will have to reload the driver . The usual way to know if this has happened is that the printer is classed as ‘ offline ’ or the scanner suddenly won ’ t work . The can be all sorts of little bugs .
So , just be fully informed before you upgrade your OS - you may be entering a minefield .
Jeff Harper from Cartridge World Castle Hill is your printer expert . He is always happy to help , and guide you , so give him a call on 9659 5366 . Drop into the store at a Unit 7 # 5 Hudson Av Castle Hill ( ample parking available ) or visit
www . cartridgeworld . com . au for more information .
ROAD
The ONLY specialised Retail Outlet for Printers , Inks , Toners & Paper in the region .
WINDSOR ROAD
SALISBURY ROAD
HUDSON AVENUE
HUDSON AVENUE
VICTORIA AVENUE
UNIT 7
5 Hudson Ave
Castle Hill
GLADSTONE ROAD GLADSTONE ROAD cartridgeworldcastlehillau
WE HAVE MOVED
Unit 7 , # 5 Hudson Avenue Castle Hill Easy parking in front of store
YOUR Printer Expert 33 Years Experience
Epson Brother Oki Canon HP Fuji Xero Dell Lexmark
9659-5366 castlehill @ cartridgeworldnsw . com . au www . cartridgeworld . com . au
FINANCE
What rising interest rates mean for your mortgage
by Angela Dye Richmond Residential
We are being bombarded with the fact that interest rates are on the rise and we are surrounded with financial doom and gloom but it ’ s not as bad as you think . Let ’ s go back a few steps and look at where we really are .
Yes , rates are rising , this was inevitable . They cannot stay at all-time lows forever . So , what does this mean for you and your mortgage ?
When you got the loan from your bank you needed to qualify with them to be approved , which means you met their criteria for the loan . One of these criteria is serviceability , which means your bank uses your income and liabilities along with your personal budget to determine if you can repay the loan .
Interest rates form part of the formula in the bank ’ s serviceability calculators . They know how the rates work . Rates go up and down over time depending on factors within our economy . Instead of using the rate you receive on your loan , the bank builds a buffer into the borrower ’ s rate for servicing purposes only , to ensure that in future you can afford the loan you are applying for .
The buffer can be up to 3 per cent above your loan ’ s rate and is not passed onto the borrower . So you see the bank will not lend you money you cannot afford .
If your financial situation is the same as when you settled your loan , then you should still be in a position to pay your mortgage each month .
The interest on your loan is compounding . That means you pay interest on interest . The question you need to answer is , do you want a low rate ? Or do you want to pay less dollars ?
Most people want to pay less dollars . To do this , you need to increase the frequency of payments on your loan . There ’ s no need to pay more . Unless you want to !
To learn more follow @ Richmond Residential on Facebook and LinkedIn .
THE HILLS INDEPENDENT theindependentmagazine . com . au ISSUE 85 // JULY 2022 19