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…
While being a property investor might see you forced to pay a number of unforeseen bills each month, there are several tax breaks for investment properties that can significantly boost your financial returns. I’ve been an investment property owner for many years now, and I’ve been slugged with just about every property expense that you…
Why do we do the things that we do? What are the drivers behind our very existence? In 1943 American psychologist, Abraham Maslow threw a pebble in a pond by releasing his research paper titled A Theory of Human Motivation in Psychological Review. Commonly referred to as Maslow’s Hierarchy of Needs, his research paper theorized that there were five levels…
For decades, major cities worldwide have embraced medium-density housing as a way to strengthen urban areas, allowing more people to live in vibrant and livable neighbourhoods affordably and sustainably. Not so in Australia’s capital cities. And the reason why might surprise you. Sydney’s housing market has long been dominated by two extremes: expansive suburban homes…
Money. I write about it a lot, don’t I? Yet there are many things in life that are far more important than how much money you have or the size of your investment portfolio. Sure money is important in those areas of life where money is important, but it’s not at all important in those…
In fact, is now a good time to get into the Sydney housing market? Australia’s house prices have reached or are close to record highs, with Sydney leading the pack as the nation’s most expensive city. Sydney’s property market continues to fetch impressive prices, particularly in some of the best investment suburbs in Sydney. CoreLogic…
Want some advice about how to be more successful? When Kevin Kelly, the founding editor of Wired, turned 68 he shared 68 bits of unsolicited advice. Now that’s a great idea, and something I may try when I turn 68, but that’s quite some time off, so in the meantime here is the number of…
Let’s talk about some positive things you can do at present rather than worrying about COVID-19. So let me ask you….would you like some success tips? If so, why not ask successful people what they wished they’d been told when they were younger? That’s exactly what I did with these successful property professionals and here’s…
The Reserve Bank is responsible for maintaining monetary policy that encourages economic growth and low unemployment while keeping inflation under control. The RBA uses interest rates to keep these three economic indicators in balance, so in which direction will the RBA move interest rates? Despite all the current focus on inflation, if unemployment rises and…
Value… it’s such a tricky concept to unpack and define. We all know that gold, diamonds, oil and even saffron are high-value commodities thanks to their scarcity, desirability, or the fact that we need them to go about our lives. It’s the delicate balance between supply and demand that drives up the value of these…
