Have you ever noticed how easy it is to swipe a card but how hard it feels to pay it off? For many Australians, credit cards are less of a convenience and more of a trap. And according to new research from Finder, this is a growing concern that could keep millions of households stuck…
What if I told you that nearly half the cost of your next property isn’t the bricks, the land, or even the builder — but taxes? That’s the hidden truth behind Australia’s housing market, and it’s crippling wealth creation for investors and homeowners alike. Residential property may be the cornerstone of financial security for many…
Have you ever wondered how much tax will you pay in your lifetime? If you’re like the average Australian worker earning $120,000 a year, you might guess a few hundred thousand. But what if I told you the true figure is over $2 million? Yes, that’s right – if you simply earn your salary, pay…
Relationships are much more complicated these days, aren’t they? It’s common for couples to purchase a property before they have walked down the aisle or even lived together, which raises the question of who gets the house if they break up? It’s surprising more couples don’t give this a second thought. They assume they’ll be…
A new apartment complex planned for Oxford Street in Bondi Junction should be a textbook example of smart city development. Sixteen storeys of housing, right next to a train line and bus routes, within walking distance of Centennial Park, Bondi Beach, shops, jobs, schools, and even the harbour. On a site currently occupied by a…
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…
The strength of Australia’s economy is due to its small and medium businesses. In fact, there are more than two million of them in Australia, who collectively employ a huge number of people. So, clearly, their importance to the overall health of our national economy cannot be overstated. However, one of the issues that small…
With the Reserve Bank of Australia widely tipped to trim the official cash rate by 25 basis points at its next meeting, savvy investors are already thinking ahead. According to Domain’s Chief Economist Dr Nicola Powell, the flow-on effects of a cut could be significant, not just for borrowers, but for property values Australia-wide. And…
There’s a quiet financial undercurrent running through many Australian households – one that isn’t being talked about enough. According to fresh research by Finder, over 8.8 million Australians – two in every five adults – are banking on an inheritance to improve their financial future. Some are even depending on it. Yes, you read that…
There’s a common saying that you should ‘begin with the end in mind’ – this is especially true for property investment. The problem is that too many investors begin their investment journey without considering what will be the best ownership structure. Without much thought to it, they put their entire portfolio in their personal name….