Q: I am a dual-national Australian citizen living and working in the UK. I was born in the UK, am Australian by descent and recently returned to the UK after nine years and nine months living in Sydney. I sold my principal place of residence in Sydney to purchase a new principal place of residence in…
Articles by Ken Raiss
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
Wealth creation has become a primary target for most people and many are finding property investment as an effective way to hit this target. While there are just over 2 million property investors in Australia, less than a quarter of these have more than one property investment – in other words they will never develop…
All parents want to provide for their children and hopefully create wealth to leave to them and their children, too. These days, with higher property prices, many people also want to help their children financially so they can buy their first home or property investment. However, sometimes these desires outweigh practicalities, such as tax planning…
With significant volatility in the world’s share market and an uncertain future coupled with the costs of having an industry or retail superannuation account more and more Australians are wanting to take control of their superannuation. This decision is primarily driven by costs and the ability to more directly control asset choice. Since 2007 the…
Australia is becoming a more litigious society with more people considering suing and more lawyers opting to take on their cases for no upfront fee. While the number of law suits in Australia is growing, we’re still a fair way from the situation in the USA, where people have a 33 per cent change of…
Over the past 10 years, more and more investors are using their Self-Managed Superannuation Fund (SMSF) to invest in property. But the world of SMSF property investment is much more complex than the traditional route taken by investors in the past. There is raft of legislation that must be strictly adhered too as well as…
There are changes aplenty in the superannuation space at present, but some things have stayed the same. One of which is that there are still multiple benefits to running your own super fund, regardless of any changes to the general super landscape. In fact, more and more Australians are opting to take control of their…
You’ve probably heard that most wealthy people own nothing in their own names, but control everything through structures such as a trust. If Australia’s richest people use trusts, maybe it’s something you should consider also. Did you know that trusts have been around since the 12th Century? The Lord Chancellor at that time could decide…
Too many people consider life like a game of Monopoly. They think they can gamble on property, or the share market, without the right knowledge or advice. But unlike the famous board game, there is no miraculous pot of money in real life that we can dip into whenever we need it. Launching yourself into…
We put in place insurance for our homes, our furniture, our car, our holidays, and even our pets, but many of us ignore what funds these policies – which is our ability to work to generate income. So, how do you protect your ability to work should unforeseen circumstances like a major illness or injury occurs?…
