Are you waiting for a once off event or maybe a big change of luck to boost your wealth? If you are like the majority of Australians, winning the Lottery may appear like the only option to becoming Wealthy. Or perhaps you’re waiting for a large sum of money to be left to you by…
During the recent election campaign the Coalition promised to help 10,00 First Home Buyers get into the property market by topping up their 5% deposit with the government guarantee for 15% of the loan they would be taking out. In essence this support for those looking to buy their first home offers an additional loan…
Australia’s credit card debt accruing interest has slid to the lowest level in over 11 years as Australians start to wean themselves off high interest debt. The RBA credit card statistics released today show Australia’s debt accruing interest on personal credit cards is now $29.5 billion, down 4.9 per cent year-on-year, and the lowest since…
Many novice home buyers and investors spend hour after hour searching on property listing websites hoping to find the property of their dreams. In reality, hundreds of other potential buyers are doing exactly the same thing, which means “their” property might ultimately end up being someone else’s. Sophisticated investors, on the other hand, regularly pick…
Have you read the Newspaper or watched the news today? If not, it appears as though property prices and our economy may be doomed! There is so much uncertainty around and the media are just lapping it up. It is no secret that you will always find a reason not to invest, but this year…
No-one could forget the horrifying images broadcast from London’s Grenfell tower in June 2017, where 72 people tragically lost their lives and more than 70 others were hospitalised, due to cheap flammable aluminium-polyethylene cladding that had been installed on the exterior of the building. The 24-storey building had originally been built in the 1970s, but…
Not everyone is unhappy that house prices around Australia are falling. Savvy Millennials are looking to take advantage of falling house prices. A new survey by Finder shows 35% of Australians aged 34-38 believe they have something to gain from recent price drops: that’s 1.9 million Gen Ys buoyed by the prospect of a bargain….
The 1970s may have been known for flamboyant clothing but its architecture was somewhat less exciting. In fact, property from that time period could almost be described as quite “bland” – at least from the outside. Inside, of course, was a different story with the wallpaper often featuring paisley motifs and the floors festooned with…
Mortgages – even the word sounds a little scary, doesn’t it? But it doesn’t have to be, as long as you understand what mortgages are and what they are not. The thing is far too many investors chase the cheapest interest rates. But mortgages are much more than just their interest component. In fact, there…
To sabotage means to deliberately destroy, damage or obstruct something. No one wants to do that when it comes to their finances, do they? But the reality is that many people do without even realising it. How do they do that? For starters, they have too much bad debt when they’re applying to borrow good…