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Population growth picks up It was only in February last year that we saw the Australian resident population clock pass 24 million. Today, the population clock quietly ticks past 24,500,000. The population clock presently assumes an increase of one person every one minute and 22 seconds. So what does this mean for Australia median house…
It’s been a couple of weeks since the federal budget announcement and since then we’ve had some time to review how the proposed changes relating to plant and equipment deductions will affect property investors. Although we are not expecting the legislation to be finalised anytime soon, we have been talking with government with the aim…
When it comes time to make big financial decisions, research consistently shows that women more frequently hold the purse strings than men. While this is a positive finding, as women tend to make smart, thoughtful, informed financial decisions, it also has the potential to drop an anchor in your investment portfolio’s growth. If you’ve ever…
Despite some concern regarding the future of the property market – mortgage holders appear to be breathing a little easier. New results from Roy Morgan’s mortgage stress data show that in the three months to April 2017, 16.8% or 666,000 mortgage holders can be considered to be ‘at risk’ or facing some degree of stress over their repayments. …
With so much doom and gloom surrounding economic new these days – it’s safe to say we’re all ready to hear something positive. In the next video if this Wealth retreat series I interviewed Economy and Property expert Pete Wargent. Pete is a chartered Accountant who achieved financial freedom at the age of 33. In this…
The federal government’s rule changes for foreign investors will also apply to some Australian citizens who don’t reside in the country. Last year, a withholding tax of 10% on the sale of a home to foreign investors was introduced for properties selling at $2m and above. The latest budget papers announced the threshold would…
Succeeding as a property investor begins well before you buy your first property. There is some prep work you need to do to ensure that your first foray will set you up strongly so you can continue to grow your portfolio. Here are a few tips to help you start your property journey with a…
Foreign owners of investment property in Queensland will be slammed with a 1.5% land tax surcharge on assets with a value of $350,000 or more. The state government is seeking additional revenue in order to maintain a wafer-thin operating fiscal surplus. The Palaszczuk government announced the new measure in its 2017-18 state budget, and said…
Often considered to be the laggards in the upturn in a property market cycle, Australia’s regional property markets are currently experiencing a flow-on effect from strong capital city market activity, with a rise in house and unit values recorded over the past 12 months to May 2017. Covering the 50 most populous non-capital city council areas,…
Uncapped income, a plethora of potentially profitable properties at your fingertips and a flash car. What’s not to love about being a real estate selling agent? It’s no surprise many property investors, at some stage in their lives, have considered becoming selling agents. Probably because much of their time is spent searching for properties, inspecting…
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