When it comes to buying an investment property or your next home, it’s important that you’re aware of everything listed in the contract of sale and how it might affect you. It might sound like a tropical holiday cocktail, but a sunset clause packs much more punch than a summery beverage – it is a…
A common property investing rule-of-thumb is that you should “buy property and never sell”. That’s because property prices always trend higher over time which means you benefit from compounding capital growth. Of course, the rule-of-thumb should be adjusted to include “buy quality property and never sell” to ensure you maximize investment returns. But the reality…
Every week we seem to hear of a new development or trend to come about as a result of the COVID-19 pandemic – and one seems set to impact the housing market for the foreseeable future. You see, after years of house sizes shrinking, and of Aussies favouring low-maintenance homes with petite yards smaller footprints,…
As our population grows, and it surely will, this will place an increasing demand on our infrastructure and maybe we won’t be able to keep up. Of course, it’s much more than just being stuck in the traffic or wedged in overcrowded public transport just to get where you need to get to, according to…
At 5.1 per cent, inflation is running at the fastest annual rate in 21 years — why has this occurred and what does it mean for interest rate settings? In a recent Economic Insights Report CommSec ran a Q&A report to answer common questions being asked. Here’s what they said…. Why is the inflation rate…
Australia can finally boast its lowest unemployment rate since 1974 after the unemployment rate dropped to 3.9 per cent in April. ABS statistics showed an additional 4000 jobs were added last month, tipping unemployment below 4 per cent for the first time in 48 years. Despite the still-declining unemployment rate, employment growth disappointed up only…
If you’re a property investor, today’s episode is a must. Why? Because the taxman is after you – you and all property investors. It’s not long until tax time and the Australian Taxation Office is already preparing its so-called “hit list” of priority areas due for a crackdown in the 2021-22 financial year. Property owners,…
Despite the predictions of a baby boom as we were locked in our Covid cocoons, Australia’s birth rate is at a record low according to demographer Simon Kuestenmacher. Of course in past pandemics and in times of economic uncertainty, people have always had fewer, rather than more, kids. But the Australian birth rate has fallen…
Why invest in affluent areas rather than cheaper more affordable areas? What will rising interest rates do to our rental markets? How do you stay positive when there’s so much negative news in the media now? Those are three questions we discuss in this month’s question and answer podcast with Brett Warren. What will rising…
Earlier this year the Reserve Bank thought it had time on its hands and could be patient in lifting interest rates. Clearly, that’s not the case. They started what’s going to be a series of interest rate rises in May, but in its Statement on Monetary Policy recently, it became clear that evidence of strong…