Mum’s the word for most Aussies when it comes to financial advice reveals new research . A recent Finder.com.au survey of 1,006 participants found that Aussies are twice as likely to turn to a relative for financial advice (42%) than they are a financial advisor (20%). One in four (26%) would consult Google, while 20%…
In today’s complicated economic climate, many investors are sitting on their hands and waiting to see where the chips fall. I can understand why. Times aren’t what they used to be, there’s talk about a world recession and the “R” word is also being used about the Australian economy. Sure some housing markets have turned the…
The last decade has flipped the world of lending on its head. In days gone by, banks lined up to give you money; now, they’re so tightly bound by APRA regulations that their initial stance is closer to “no” until you prove yourself worthy of a “yes”. To make a tough situation even more difficult,…
Waiting for Old Father Time to generate property price growth is a respectable and common strategy. However, you can also take matters into your own hands and force your property’s value up with some proven money-manufacturing tactics. Before we go any further, I should clarify that ‘proven’ doesn’t necessarily mean ‘guaranteed’. Investors must be…
The mainstream media might make out that property prices are a simple cycle that economics expert can predict with ease – but the reality is that it’s a lot more complicated than that. There are in fact several things that drive our property markets, and some of them might surprise you. 1. Jobs, jobs, jobs…
Selling your property at auction is altogether exciting and nerve-wracking at the same time — especially if it’s your investment property that’s up on the auction block. While auctions can be notoriously unpredictable, there are several things you can do that may inspire a better end result. One of these things is ensuring that you’ve set…
Yet another Sydney off-the-plan development has been identified as shoddy – bringing the total number of new buildings with major defects to a staggering four in past 12 months. Off the plan Sugarcube-Honeycomb, Erskineville buyers have been locked out after fears the developer didn’t clean up the toxic land beneath the new complexes which were…
The next generation are changing society forever, they are driving change in a big way and it is all about them. Instant gratification is one way to explain it, but it all really comes down to convenience and it is gradually changing our lives and interestingly influencing our property markets. I was listening to Tom…
Are you considering buying a property in your Self Managed Superannuation Fund? It has become more and more popular over the last decade as people opt to take control of their financial future. I must firstly state that if you are considering exactly this, it is important to get advice from an appropriately licenced advisor…
WARNING: This may be a bold statement… I would ordinarily let it slide, but for the fact it came out of the mouth of Australia’s leading Property Professional. And I have always learnt, when Michael Yardney speaks, it is always worth a listen. You see he has a habit of being right on the money…