Ken is director of Metropole Wealth Advisory and gives strategic expert advice to property investors, professionals and business owners. He is in a unique position to blend his skills of accounting, wealth advisory, property investing, financial planning and small business. View his articles
The onset of spring brings with it more daylight and warmer weather, too. It is also tax time and while many of us might shudder and put it off, we should relish the thought of a legitimate tax refund. Unfortunately, many people only think of tax when it is time to lodge their return. In…
The recent strawberry sabotage by a reportedly disgruntled employee – and potentially others who appear to have simply jumped on the bandwagon for some terrible reason – is a timely reminder of the importance of business insurance. With many businesses facing difficult economic times due to rising costs, increasing competition as well as changes to consumer…
Did you know that Australia’s superannuation system is valued at $2.7 trillion and expected to grow to over $4 trillion by 2025. And those dollars actually belong to everyday people who hope that one day their super will be enough to significantly supplement their income in retirement. The problem is that many super funds underperform…
Housing affordability is the current topic of conversation at dinner tables across the Australia. And for families with Gen Y children, in particular, it’s probably a discussion based around how they’ll struggle to ever buy their own home. For those in Sydney and Melbourne, there’s no denying it has become a lot harder to…
They say blood is thicker than water but when it comes to distributing your wealth, human instinct can take on a darker side because money is involved. People often feel vulnerable when contemplating their death, but this is no excuse to not have a Will. It’s vital that you receive legal advice when preparing your…
Do you know the difference between productive and unproductive debt? In my experience, too many people have too much unproductive debt, and not enough debt that actually works for them productively to increase their wealth over time. The debt equation I had a conversation with someone recently who was considering paying off their home loan…
A lot of people say they’re good with money. They say they have a gift for making it. That they love money and that money loves them. This may be true. But just because you like money and enjoy making it (that’s most of us) doesn’t mean you’re good with money. Those are two very…
It’s no secret that housing affordability has been dominating the headlines for the past year or two. But there is plenty of misinformation out there. This is especially the case for property investment, which seems to be taking the blame for the recent strong price growth in Sydney and parts of Melbourne. Both sides…
Is successful property investing an art or a science? Albert Einstein once said, “COMPOUND INTEREST IS THE EIGHTH wonder of the world. He who understands it, earns it… he who doesn’t… pays it.” If we accept the above, then the longer we hold a property investment the more likely we are to make a gain….
Superannuation is one of the most effective wealth creation tools in Australia today. The taxation benefits of voluntary contributions into your superannuation are well-known, as is the ability to access your super funds (via a self-managed super fund) to invest in property. Unfortunately, however, there are simple mistakes that people regularly make which means their…
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