How much do you help your children financially? And I don’t mean when they’re young and can’t fend for themselves. How much do you help your adult children financially? According to finder.com.au, more than 5 million Australian parents are helping their adult children financially’. Their new survey found one in six (61%) parents – equivalent…
A property spruiker who claimed people could buy a house for $1 have been fined a record $18 million for misleading consumers. The Federal Court imposed the fines on Rick Otton and his company “We Buy Houses” after an investigation by the Australian Competition and Consumer Commission (ACCC) and New South Wales Fair Trading. The record…
Some people think I’m smart – I wouldn’t really know- I’ve never taken an IQ test. But I was pleased with the result when I tested my Emotional Intelligence with these 15 questions I found on Life Hacker. I learned that Emotionally Intelligent people aren’t ruled by their thoughts; they are the master of them….
The Australian property market has drawn increasing numbers of overseas buyers in recent years, with many of them enjoying record capital growth and strong rental returns. However, with recent moves from government bodies and regulatory agencies to slow down the housing boom and restore affordability for young Aussie buyers, the landscape has changed a little….
Having difficulty getting a loan for your home or investment property? Well, you’re in good company – so are many others with the banks more carefully scrutinised your expenses. Even your dinner choice could have an impact on your future lending potential according to Craig Gemmill, Managing Director of Gemmill Homes. Personal spending habits on things like clothes, holidays…
There is more education about the property market available than ever before. Yet many first home buyers remain quite clueless about the process. And that means when they are involved in their first property transaction they come across a bunch of unfamiliar terms, which doesn’t help with their stress levels. So, here are five terms…
Melbourne is exploding and growing by 125,000 people a year It’s the world’s 4th fastest growing developed city and it’s like adding a city the size of Ballarat to Melbourne every 12 months. The ABC report that it’s projected to be Australia’s biggest city by as early as 2028. And by 2050, it will have…
As property investors, we are in the business of providing shelter to our clients – our tenants. In the interest of our own bottom line, it is imperative that we pay attention to the accommodation we are providing to ensure our returns are maintained and our property remains an attractive commodity in a competitive market….
At what age are you planning to retire? Maybe it will take longer than you thought to develop financial freedom. At least that’s the way it looks for many Australians according to Roy Morgan Research. They suggest that the average age of Australians intending to retire in the next 12 months is 61 years, up…
For years the great Australian dream has been to own one’s one home — but how are things going? Are we achieving this? Interestingly this is a very Australian aspiration – it’s not the same in other parts of the world where many expect to be tenants all their lives. Even in the USA the Great…
