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Morrison rejects pressure for negative gearing to be examined
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Morrison rejects pressure for negative gearing to be examined

Scott Morrison renewed his warnings against tampering with negative gearing, in a speech on Monday, writes… Michelle Grattan, University of Canberra Treasurer Scott Morrison renewed his warnings against tampering with negative gearing, in a speech on Monday he urged more institutional investment in both rental residential real estate and affordable housing for low-income earners. As…

The mortgage lending landscape has changed substantially over the past week
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The mortgage lending landscape has changed substantially over the past week

The banking regulator, the Australian Prudential Regulation Authority (APRA) wrote to all authorised deposit-taking institutions (ADIs) announcing further measures to reinforce sound residential mortgage lending practices.   Since then we have seen the CoreLogic home value index showing that capital city dwelling values are increasing at their fastest annual pace since 2010. We have also…

7 Ways The Rich Create Their Own Happiness
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7 Ways The Rich Create Their Own Happiness

Thanks to my five-year study of the habits of the rich and poor, I’ve accumulated an enormous amount of research data on the habits that are responsible for creating a life of abundance (wealth) or scarcity (poverty). But there’s more to living a “rich” life than the accumulation of money.   Money, as an end to…

Should you pay off your mortgage sooner?
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Should you pay off your mortgage sooner?

It’s been a long-held Australian tradition that the mortgages on our homes must be paid off sooner rather than later. I’m sure you remember your parents scrimping and saving so they could own the roof over their heads before they retired. But is it a sound strategy to pay off your mortgage faster? Good debt,…

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