Each Saturday morning I like to share some of the interesting articles I’ve read during the week with you.
I’ve put them here all in the one place for your easy weekend reading and to make it easier for you to improve your property investment knowledge.
Enjoy your weekend….and please forward to your friends by clicking a social link button on the left.
While the Melbourne property market has been in a slump for the last 18 months or so, as always some areas are doing better, or worse than others.
It may be hard to believe but a group of inner suburbs have has greater than 10% growth in the last 6 months and some over 20% growth. This article explains where they are.
By the way…some are no surprise to me.
Another great show produced by Kevin Turner. If you don’t already subscribe to this excellent weekly Internet based radio show.
This week he has a heap of great guests:
- Michael Yardney and Rolf Schaefer discuss:
- What’s happening in the European economy – currently in turmoil and likely to be in recession
- The USA economy – slowly picking up
- The huge scale of change happening in China that is fuelling our resources boom
- What’s happening with Australia’s economy
- What’s likely to happen to Australian interest rates
- Why it’s possible we’ll have a credit crunch in Australia
- Peter O’Brien tells us how this could be a good year for property investors. He looks at the market, why the returns are improving but he says that is not everywhere. He tells us where the best returns are happening.
- Ken Raiss from Chan & Naylor joins in with some excellent advice about getting an accountant on your team.
You should definitely subscribe to this new weekly program. It’s free!
Video of the week: Putting the European volatility in context
Dr. Shane Oliver, Chief Economist for AMP Capital, discusses Europe’s current economic issues and looks at what this means for Australian investors.
He explains what’s happening in Europe and how this may affect China and what this could mean for finance in Australia.
The news is not as bad as some make out…
The Eurozone crisis will bring more volatile times ahead, but it’s not the end of the world according to economist Christopher Joye.
In this article Joye explains some of the problems and offers a number of possible solutions. This is a good read if you’re interested in economics
Despite the HIA, which is really a representative for the building industry keeps warning us that we have a massive shortfall of housing, Rob Sindel, chief executive of building products group CSR says Australia is not suffering from a nationwide undersupply of housing, according to
In this article Sindel has rejected forecasts put out by the Housing Industry Association (HIA) that even under a high building rate scenario, Australia is heading for a shortfall of 213,000 houses,
Property analyst Michael Matusik uncovers a little statement hidden deep in the recent budget that will have great impact on the amount of property bought (and held) by Australian expatriates and other tax non-residents.
Here’s what it’s all about…
“The Government will remove the 50% capital gains tax (CGT) discount for non-residents on capital gains accrued after 7.30 pm (AEST) on 8 May 2012. The CGT discount will remain available for capital gains accrued prior to this time where non-residents choose to obtain a market valuation of assets as at 8 May 2012.”