The Australian Taxation Office is aware that residential rental property owners may be concerned about how COVID-19, floods, or bushfires have reduced their income. This may be a result of tenants paying less or entering deferred payments plans, or travel restrictions which have affected demand for short-term rental properties. New legislation also affects the tax…
![[Podcast] Coronavirus, Recession, and Property: Who’s right – the pessimists or the optimists?](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/06/MY-podcast-196-Corona-Virus-recession-270x200.jpg)
Today’s podcast is based on your questions: questions listeners have asked and the questions that our clients are asking us at Metropole. There’s still so much uncertainty about a recession and uncertainty about what’s going to happen to property values, so today I’m going to give my thoughts and leave you with more certainty and…
![[Podcast] What the rich are doing to position themselves to get richer in the Roaring 20s](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/06/MY-podcast-181-%E2%80%93-7-the-rich-to-get-richer-270x200.jpg)
We’ve been hit by a health crisis that has led us into the most serious global recession in almost a century. Despite living in one of the richest countries in the world, many Australians are currently struggling financially, and if history repeats itself, the gap between the wealthy and the average Australian will only get…
By now we all know about the federal government’s HomeBuilder scheme. Announced as one of the key pillars of the government’s COVID-19 economic recovery plan, the new HomeBuilder scheme will give owner-occupiers a cash grant of $25,000 towards a substantial renovation for their principal place of residence, or towards a new-build property. The question on…
![What will Australia’s recession will look and feel like - with Ken Raiss [MASTERCLASS]](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/03/Coronavirus-recession-270x200.jpg)
It’s no secret that Australia is going to fall into recession. But what does that really mean? How will this affect you, your job, your finances and the value of your home or your investment properties? In today’s MASTERCLASS with Ken Raiss, director of Metropole Wealth Advisory and Australia’s leading property tax specialist, I’d like…
The COVID-19 pandemic has created unprecedented economic and financial uncertainty. Many Australians are experiencing unemployment or underemployment, and business activity is likely to continue to be subdued for the foreseeable future due to the staggered removal of restrictions, and altered consumption patterns, both locally and globally. But it seems that we’ve better than almost anywhere…
The announcement of the HomeBuilder stimulus from the federal government in early June has been met with a mixture of excitement and criticism. The scheme grants $25,000 dollars for new home builds and renovations where: The recipient is an owner occupier; The recipient earns no more than $125,000 per annum as a single applicant or…
![[Podcast] How will plummeting immigration affect our economy and property? With Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/06/MY-podcast-186-Missing-Million-SK-270x200.jpg)
The coronavirus crisis has cut Australia off from the world. And our population growth is about to slow dramatically. This is going to affect our property market and slow economic growth by up to 2%. Every time we have an economic downturn, immigration becomes a topic of great interest. And with the likelihood of unemployment…
Dealing with rental arrears is difficult at the best of times – COVID-19 has made that situation even harder. So what can you do to prevent payments from falling behind? It doesn’t take long for tenants failing to pay their rent to become a big problem. Many landlords rely on rental income to pay the…
We humans are ridiculous. Collectively, we’ve solved thousands of problems – from refrigeration, indoor plumbing and cheap transportation, to water-efficient agronomy, video conferencing and global access to knowledge – yet as individuals, we’re scared. Each of us has a device in our pocket (or more likely, in our hand) that contains the answer to every…
