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
Have you considered investing with family members? As they say… Blood is thicker than water, but sadly, bad business can break families apart overnight. Co-investing with family is no exception. It has the power to thrive or the power to destroy – and the key is all in the foundation you start from. Common family…
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….
How are you financing your Christmas shopping this year? Well, according to the latest data from Finder, millions of Australians are expected to land themselves in debt over Christmas that could take months to repay. Their survey of 1,056 respondents found more than a fifth (21%) of Aussies – equivalent to 4.2 million people –…
What are the most in-demand jobs in Australia today? Well, the latest Skills Priority List found that technicians and trade workers remain the most in-demand with 50 per cent of occupations in the category experiencing labour scarcity. The list also highlighted that 66 new occupations have made the annual skill shortage list in 2023, including…
Thinking of converting your home to an investment property one day? You’re not alone… In my many decades as a tax specialist, I’ve been asked almost every question but some are more common than others. And one of these is: “My spouse and I are thinking of upgrading our home but want to keep our…
Despite high interest rates and the rising cost of living the total amount in residential offset accounts has risen to a new record high of $257.20 billion as borrowers stash cash in their mortgages to mitigate the impact of the RBA hikes. The latest APRA’s Quarterly ADI Property Exposure statistics shows that money in residential…
Aussies are still stashing cash, with household deposits increasing by over $7 billion in October and setting yet another record high at over $1.42 trillion. The latest APRA’s monthly authorised deposit-taking institution statistics show despite increased cost of living pressures, Australians are continuing to stash their cash in the bank, with more than $99 billion…
Black Friday/Cyber Monday is a major global shopping event, and as more people shop online for holiday deals, there’s a higher chance of cybercrime. In fact, personal finance experts, at Wealth of Geeks are warning shoppers who rush to grab the best deals to be extra vigilant of circulating scams that appear year on year….
The overseas-born population in Australia grew by 155,000 people in 2022, increasing to 29.5 per cent of the nation’s total population, according to the latest data released by the Australian Bureau of Statistics (ABS). Jenny Dobak, ABS head of migration statistics, said: “On 30 June 2022, Australian residents born overseas made up 7.7 million of Australia’s…
For the first time in over a year, Victoria is the country’s best-performing economy according to the latest CommSec State of the States report. Strong economic activity, solid retail spending and business investment catapulted Victoria from fifth place in the previous survey (July 2023) to the number one spot today, with the state also recording…
