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
Australia’s housing crisis has become impossible to ignore. For first home buyers, renters, and even seasoned investors, it feels like the dream of affordable housing is slipping away. But what’s really driving the shortage? And where does all the money go when a new home is built? In summary, there are three main culprits to…
We’re in a challenging environment for property investors and homebuyers — interest rates are still relatively high, living costs are biting, and many long-term investors are finding themselves “asset rich but cash poor.” So, when a lender comes out offering a 10-year interest-only (IO) home loan, it naturally raises a few eyebrows, and some important…
Death is never an easy topic to talk about, but planning for it is one of the most important things you can do for your loved ones. A lot of Australians assume that everything will just “work itself out” when they’re gone—but unfortunately, that’s far from the truth. Without a valid Will in place, you…
Imagine being taxed on the value of your assets even if you haven’t sold them. Sounds like fiction? Well, it’s not. It could soon be policy. Australia’s federal government has proposed a controversial new tax—one that could see unrealised capital gains on superannuation balances above $3 million taxed at 30%. Now, at first glance, this…
Smart property investors use all the legal tax rules to minimize their cash flow leakage and maximise their deductions. The government encourages property investors to provide accommodation for those who need it by offering them a range of tax benefits. While most investors know about the typical tax deductions, such as interest on loans, repairs and management fees,…
Most Australians are unknowingly handing thousands of dollars back to their bank every year—not by paying higher interest rates or missing loan repayments, but by failing to make smart use of one of the simplest tools available to them: their offset account. A recent survey by Finder found that nearly half of Australians with offset…
Let’s face it — managing money isn’t always intuitive. But the good news is, it doesn’t have to be complicated either. These seven simple yet powerful money lessons can shift the way you think about your finances and help set you on the path toward greater wealth and a more peaceful mind. So, let’s jump…
What is adverse possession or possessory possession? Adverse possession is when a person gains title to a property if they have remained in that same property for a certain amount of time. A person or persons who have occupied the Land for the prescribed amount of time, in certain circumstances, can prevent the true owner…
The thing about getting into debt is that anyone can do it! The hard part, of course, is getting out of debt. In fact, many people struggle with even admitting they’re in debt in the first place and bounce from one pay to the next struggling to keep their head above financial water. There are…
In a world where our lives are increasingly intertwined with digital technology, the threats to our financial security have evolved just as rapidly. While the internet has made it easier than ever to manage our finances, it has also opened the door to a wave of sophisticated scams that can have devastating consequences. What’s particularly…
