Are you wondering whether you should put your money into investment property or shares? While at Metropole we are property specialists, we also advocate for diversification, so a healthy investment portfolio should contain an element of both. Each has its pros and cons, and most successful investors have multiple income streams and tend to benefit…
I’ve known about the value of professional property management for a long while now. I guess that’s what comes from being in the property industry for over 2 decades. Over my many years in the industry, I’ve come across plenty of good property managers but also some that you should give a wide berth. The…
The annual Consumer Price Index has clocked in at 5.4 per cent for the September quarter, fuelling the possibility of another rate hike as soon as Tuesday 7 November. As a result, two of the big four bank economic teams – CBA and ANZ – have now said they expect the RBA will increase the…
The global risk of housing bubbles has decreased sharply in 2023. A report released last week by Swiss bank UBS concludes that out of 25 cities surveyed, only two were at risk of a housing bubble this year, down from nine in both of the two previous reports. The data shows that even places known for…
It seems spending has ground to a halt amid widespread mortgage stress, according to Finder’s Housing Market Report: Navigating Refinancing in 2023. The report which combines lending data with a survey of 1,016 Australians who have recently refinanced or are planning to – revealed homeowners are taking drastic measures to reduce expenses from skipping meals…
The rising cost of living is taking a toll on Australians. Recent research found that almost two in five Australians (37%) would find themselves without funds within a week if their income were to cease. This statistic remains consistent with findings from two years ago when the nation grappled with the impact of COVID-19 lockdowns…
Superannuation is frequently misunderstood as merely an investment vehicle to accumulate wealth for your golden years. However, in reality, it’s also a structure designed to hold various types of investments which offers a plethora of tax benefits that can result in substantial financial gains, especially for those savvy enough to exploit them effectively. Please note…
In September, Australian home prices hit a new all-time high, and some areas saw growth in the double digits this year. According to PropTrack, prices nationally have risen for nine consecutive months, climbing 0.35% in September and 4.31% year to date. But it is capital city home prices that have taken the lead in 2023…
Contrary to popular belief, money can make you happy! A report in the Journal of Consumer Psychology looked into the age-old question of whether money can buy you happiness and found that the answer was a very loud yes. In fact, the study concluded that if money doesn’t make you happy, then you’re probably not…
In today’s question-and-answer episode, I’m joined by Ken Raiss, director of Metropole Wealth Advisory to answer questions posed by our listeners. Together, we dive into the world of property investment and development, discussing the various financial and legal implications of property joint ventures and the benefits of setting up self-managed super funds. Ken shares valuable…
