![How will COVID-19 impact on your banking and loans? [MASTERCLASS]](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/03/coronavirus2-270x200.jpg)
If you have a home loan, or investment loan, you are probably wondering how COVID -19 impact on your banking and loans. What’s going to happen if you lose your job and your income? What are the banks going to do if your tenant doesn’t pay their rent? That’s exactly what I discussed today with…
As our property market, economy and demographics continue to evolve, the astute investor has to keep up with all of these changes and adjust their strategy to suit. The good news is, if you’re thinking of making 2020 the year you become a property investor (or the year you grow your portfolio), you’ve got the…
Amid the spread of coronavirus, the past few weeks have seen increased expectations of an Australian recession, a slowdown in business activity and trillions of dollars wiped off global share markets. It has many asking what the impact of the coronavirus would be on Australian residential property. This note explores fundamentals of housing to better…
The A$130 billion $1,500-per-fortnight JobKeeper payment will benefit six million Australians for six months, with payments expected from May 1. Eligible businesses include not-for-profits and businesses with turnovers of less than $1 billion per year whose turnover is down 30%. Businesses with turnovers of more than $1 billion per year need to have lost 50%…
If you’re like me, you’ve probably been spending a lot of time watching the news or keeping up to date on social media these days. And some of the news is pretty scary, isn’t it? Of course, it’s normal to be scared when your future is a little uncertain. Your financial future, your job future…
What’s ahead for our economy? What’s going to happen to unemployment? How high is it going to get? What will happen to property values? How much are they going to drop, or are they going to remain stable if the market comes to a halt? We are all looking for some forecasts, aren’t we? We…
When you take out a loan to purchase a property, whether for investing or to live in, the process is littered by lots of little decisions along the way. Choosing a fixed or variable interest rate for your loan is often one of the more meaningful finance-related decisions you’ll consider, as the right mortgage choice…
We’re in the midst of a Health War. A unique war, with every country in the world united in an effort to beat the same enemy. A silent, invisible, deadly enemy. It’s encouraging that China has curtailed the virus with very few new cases. This is a crisis that no one alive has faced, certainly…
Are you worried that your tenant may not be able to pay the rent? Are you can are you concerned about the legislation that will prevent you evicting tenants? What if they don’t pay rent for 6 months and then leave? These are the common concerns I’m hearing from many of the investors whose properties…
Rental regulations around Australia are set to change in 2020 as the number of Australian renters continues to climb. While the specifics of the reforms differ across the states and territories, key changes are being implemented that have the potential to impact landlord insurance. NSW, Victoria and the ACT have already legislated changes with all…
