What are the Capital Gains Tax implications when you move out of your home, rent it out, and then sell it? I love receiving questions from our readers -Victor sent in this one: “I moved out of my principal place of residence, which I’ve been in for seven years, and then rented it out for three years. …
Annual inflation rose to a 16-month high of 3.8% in October, adding to pressure on the government as it seeks to make savings across the public sector. When governments, whether Commonwealth, state or local, increase spending it adds to inflation. Opinions differ on whether Commonwealth spending makes a significant difference. Opposition finance spokesperson Jane Hume…
Have you ever looked at a successful property investor and thought – they just got lucky? They bought at the right time, in the right suburb, and everything seemed to go their way. But here’s the truth: most successful investors don’t wait for luck – they create it. In today’s show, I’m joined by Brett…
Are you confident about your financial future? Most Australians aren’t — and that’s a problem. Because the truth is, your financial future isn’t determined by luck, government policy, or market conditions. It’s determined by you — by the decisions you make today. And yet, despite this, millions of Australians are sleepwalking toward a future where…
Every so often, we see a shift in the housing market that feels less like a data point and more like a turning tide. October was one of those months. Across the country, sellers stepped forward in numbers we haven’t seen in many months, buyers kept competing despite higher volumes, and auction rooms buzzed with…
When it comes to partners, horses, and football teams, past performance is often used as a guide to predict future performance. Many experts assure us that it’s the same with the property market, but this leads to a huge contradiction in exactly how past performance predicts the future. Only buy in areas that have experienced…
Every so often, the property market sends a subtle signal before the headlines catch up. And right now, we’re seeing one of those signals flashing. Investors who are watching fixed-rate pricing trends, rather than waiting for the next RBA board meeting, may already have an early warning of where the next phase of the interest…
I’m not a huge fan of sticking to a routine just for the sake of it. But I’ve learned over the years how important daily habits are for long-term success and wealth creation. These habits and routines are like ballast. They hold you steady when stress threatens to de-rail you, and they give you the…
Debt is a word that makes most people nervous. We think of it as a burden, something to avoid at all costs. But what if we’ve been looking at it the wrong way? Today I’m joined by Professor John Dinsmore, marketing expert and author of the fascinating new book The Marketing of Debt. John peels…
Australia’s housing affordability has hit new lows over the past five years, with home values drifting even further out of reach and the share of income needed to pay a mortgage has nearly doubled, according to Cotality’s Housing Affordability Report. Even as mortgage rates have dipped, the cost of servicing a new loan remains stubbornly…
