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Household net worth sits at $9.406 trillion
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Household net worth sits at $9.406 trillion

Data recently released by the Australian Bureau of Statistics (ABS) shows that household net worth has increased substantially over recent years however, household debt is also climbing to new record highs.  The ABS recent release on finance and wealth for the December 2016 quarter showed that the net worth of Australian households was $9.405 trillion….

Understand the difference between repairs, maintenance & capital improvements
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Understand the difference between repairs, maintenance & capital improvements

Property investors often worry about ongoing repairs and maintenance costs however these concerns can often be reduced by claiming back these costs when completing a tax return. Before claiming deductions, it is necessary for investors to understand the difference between claiming repairs and maintenance vs. capital improvements. Repairs The Australian Taxation Office (ATO) defines repairs…

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