Today I’d like to offer a list of simple strategies that can help Australians improve their financial fitness. If done properly, this includes assessing all aspects of personal finances, including strategies to boost retirement investments, such as including property and super, savings, a review of insurance policies, staying ahead of tax obligations and making an…
Are you interested in investing in property, or are you already a property investor? What type of property investor are you? What I am referring to here is specifically the process you will undertake to invest in a property. While there are many people that invest in property, the way they choose to invest can…
When it comes to offering opinions on the state of Australia’s housing market, many commentators like to compare cities with cities. It might be a case of “Brisbane rising quickly” while “Perth takes a breather” or “Melbourne’s housing market remains flat”. The comments are applied to each city in its entirety, rather than checking what’s…
Governments are using private investors as scapegoats for a shocking underinvestment in social housing while raking in tens of billions of dollars in property taxes each year, according to the Property Investment Professionals of Australia (PIPA). Right now, about 175,000 households are on waiting lists for public or community housing across Australia, up by 20,000…
Victoria is set to undergo a housing revolution with an ambitious plan to add 2.5 million new homes by the middle of the century. Premier Jacinta Allan unveiled proposed housing targets for all local government areas across the state to meet by 2051. This comprehensive plan aims to accommodate the state’s rapidly growing population and…
Insurance is one thing that many Aussies overlook. But whether you’re a homeowner or investor, it’s important to make sure you’re covered against anything happening to your property. And for strata-titled properties, building insurance is included in your quarterly owner’s corporation or body corporate fees so owners just need to ensure they have adequate cover…
When you start out as an investor, the idea of buying a property as you march towards financial freedom is full of excitement and promise. Yet, the closer you get to making it a reality, the more stressful and confusing it can all become – often because you are trying to make sense of conflicting…
When it comes to property investment, many investors and buyers become obsessed with the idea of timing their property purchase with the view that buying at the bottom of the market for the cheapest price is a formula for property success. And considering the current property market conditions, this seems more prevalent than ever. But,…
The Australian Taxation Office (ATO) is putting rental property owners on notice this tax season. ATO Assistant Commissioner Rob Thomson has highlighted that many rental property owners are making mistakes on their tax returns, despite 86% using a registered tax agent. One major issue is misunderstanding what expenses can be claimed and when particularly distinguishing…
Too many landlords think that property management is easy when it isn’t. And too many landlords never receive anything more than a “one-size-fits-all” property management service. But there is a better way to manage and grow your portfolio – and all you need to do is read on. A common problem One of the most…
