Insurance is one of those things that some people mistakenly think isn’t worth the cost. Unfortunately, that’s why too many people choose not to take out appropriate insurance cover to insure their assets as well as their incomes. Thankfully, when it comes to insuring their homes, most Australians wisely choose to do so. And for…
Australia is once again the top spot for attracting the most net millionaires, and there’s a major reason why they’re all choosing to come here. New information from the Australian Treasury, real estate experts, and PropTrack reveals a strong increase in international interest in Australian homes. In fact, NAB’s latest Residential Property Survey of real…
A lot of people think they’re property investors, but they’re kidding themselves. Instead, they’re playing at being investors. I see this a lot with the self-employed, too. They like to think they’re in business, but again, their processes, their mindset, and their inability to scale their operations show they’re just ‘playing pretend’. Anyone who’s taken…
Capital gains tax (CGT) is a tax that is levied on the sale of certain assets, including real estate, shares, and other investments purchased with the intention to keep as opposed to buying with the intention to sell for a profit. In Australia, CGT is generally paid on the profit made from the sale of…
When your deposit is less than 20% of the value of the property you’re buying, a lender is going to charge you a hefty lender’s mortgage insurance (LMI) premium to reduce its risks. LMI is one of those extra costs that often catches home buyers by surprise, particularly first-home buyers. It can cost thousands of…
All over the world, people are working hard every day to create a strong financial future. While others are keen to leave a legacy for their children and grandchildren. When it comes to choosing what to invest in to boost your retirement nest egg, there are plenty of things to consider, from your projected superannuation…
Over the 5 decades I have been involved in real estate I have had the privilege of working with many successful property investors. In that time I have seen some who I thought smarter than I fall by the wayside when their decisions proved to be wrong and I have carefully observed those who have…
Housing affordability is the current topic of conversation at dinner tables across Australia. And for families with Gen Y children, in particular, it’s probably a discussion based around how they’ll struggle to ever buy their own home. There’s no denying it has become a lot harder to get a start on the property ladder –…
It seems we have become a nation of “experts.” Just check your inbox or turn on the television and there they are. Experts on politics who have never run a business, let alone a country. Experts on football, even though they couldn’t run from one side of the field to the other. Experts on celebrities…
What was different about our housing markets in 2023? As we close out 2023, the Australian property market looks significantly different from 2022 – we’ve defied all the naysayers and property pessimists and experienced eleven consecutive months of national price increases. Clearly, this strong price growth is the biggest difference to the markets of 2022…
