Immigration has been a key driver of Australia’s population growth and economic growth, but what happens now that our borders are closed? The coronavirus is driving the biggest population decline in Australian history, with 300,000 tourists, temporary workers and students already departing this year in an exodus that threatens to deepen a consumer spending slump…
Can you remember a more uncertain time over the last decade? I know I can’t. As every day goes by there are further updates and announcements for the Covid-19 virus and rarely is it good news. Sure, the time will pass, but the truth is nobody knows how long we will be in this holding…
I am sure you have heard certain points in time are those when “The rich get richer”! I know I always used to think to myself, if only I could find them! Amongst the doom and gloom that is Coronavirus, I have some good news….. That time is fast approaching. Here are my thoughts; See…
With many Aussies feeling the financial pinch as a result of the COVID-19 outbreak, Australian credit card holders are turning to banks in an attempt to secure some much needed relief. In recent weeks, the Big 4 have announced a number of measures to provide support to their customers during this difficult time, offering assistance in the…
Aren’t we living in incredible times! It may appear we are on a downward spiral as each news flash drives our emotions darker and deeper. As a human being, let alone an investor is an incredibly difficult time. Many of us have momentarily lost our rudder, our direction, clarity and certainty and I suggest it…
As our property market, economy and demographics continue to evolve, the astute investor has to keep up with all of these changes and adjust their strategy to suit. The good news is, if you’re thinking of making 2020 the year you become a property investor (or the year you grow your portfolio), you’ve got the…
Retail spending is on the rise because of the Corona Virus. According to finder.com.au shoppers spent an extra $13.5 billion in the last month because of panic-buying. COVID-19 panic-buying is cost Australians an average $848 extra last month, or a combined estimated $13.5 billion according to Finder. No real surprise here when you see the…
When you take out a loan to purchase a property, whether for investing or to live in, the process is littered by lots of little decisions along the way. Choosing a fixed or variable interest rate for your loan is often one of the more meaningful finance-related decisions you’ll consider, as the right mortgage choice…
Didn’t make our National Property Market Seminar in Brisbane last week? Even if you did manage to make it on the day, with a packed house at the Brisbane Exhibition centre, here is a recap… There was valuable information from Michael Yardney around building your asset base, along with your mindset. Ken Raiss also shared…
The banks are increasingly taking their foot off the brake on home lending, particularly for ‘riskier’ loans, according to APRA’s recently released quarterly banking figures. The banking regulator’s data shows new residential home loans to borrowers with a high debt-to-income ratio increased by 22.3 per cent between the September and December 2019 quarters. Low deposit…
