The Gold Coast Council has decided to add a new ‘tax’ via massive rate hikes on unit owners living on higher floors of apartment buildings. More than 12,000 high-rise apartments have been included in the revised rate categories. This move, labelled a “view tax” by advocacy groups, affects high-rise apartment owners residing on the 40th floor…
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…
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…
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…
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…
Buying a house is one of the most significant financial decisions you’ll make in your lifetime, and it’s a decision that should involve lots of research and planning to ensure you’re making the best decision. To help you navigate the process, I’ve put together a 10-step guide. From setting your budget to gathering your team,…
While achieving financial freedom through property investing is very achievable for most Australians, it’s also quite an overwhelming task. You see, unlike buying a property to live in, the main reason for buying an investment property is to make money — to help you build a long-term “cash machine.” And the better you can nail…
Each year the ABS releases population estimates of the overseas-born population in Australia. It provides more timely insights into the composition of this population in between Census years. Data from the Census is combined with more recent administrative data (Medicare, Dept of Home Affairs) to produce estimates for Australia, states and territories. Australia is currently…
