There are certain habits that help you to respond positively and constructively to negative life events. These Response Habits get you back on track and enable you to respond to those negative life events in a way that alters the trajectory of your life forever: Self-Improvement Response — When a wrench takes you off track, that…
It seems like Australia’s billionaires are getting richer while the rest of us struggle with record-low wage growth. The recently released AFR Rich 200 list gives us some insight into what’s happening to the fortunes of Australia’s wealthiest individuals, and it seems that life is good for them. There were 76 billionaires in this year’s list…
There are only 8 rules to successful investing according to Stuart Wemyss, my guest on this week’s show. According to Stuart, investing is as easy as winning a game of monopoly when you know the rules. Last week I talked to Stuart about the first four rules of investing. This week we’re going to continue…
With one in two Australians considering overseas property investment, an independent research house has warned of the hazards of such a move. riskwiseproperty.com.au issued the warning following research by international money transfers group, WorldFirst, which revealed half of all Aussies would consider investing in property overseas if it was cheaper than in Australia. While it…
Micro seems to be the latest buzzword when it comes to property. But do big things really come in small packages? While micro-apartments aren’t a new concept, as housing in major city hubs becomes out of reach for many first home buyers, they are an alternative to getting a foot on the first rung of…
When it comes to claiming depreciation deductions for qualifying plant and equipment assets*, owners should be aware of certain tactics which can increase their deductions sooner. This will increase their annual cash flow and allow them to realise the benefits from their investment property sooner. One of the simplest ways to do this is to…
Investing is easy when you know the rules, and according to today’s guest, there are only eight rules to investing. If you’re interested in becoming a successful investor today’s show is for you as we discuss the eight rules of investing with Stuart Wemyss. Stuart is a financial planner, an accountant, a mortgage broker, and…
What are Australian properties going to be worth in a decade? What’s going to make a good investment property over the next 10 years? What are the major trends that are going to affect our property market? It’s interesting to look at the difference between predictions that were made 10 years ago and what really…
Do you own a holiday home – and are you being 100 per cent honest with the tax department about how you use it? Landlords with holiday homes need to be on their best behaviour, as the Australian Taxation Office (ATO) has announced plans to get tough on those who are cheating the system and…
There has been lots of talk about the winners and loser in this year’s budget. One group of winners are younger Australians following the announcement of the government’s plan to ensure young Australians retain more of their superannuation. A central theme of the 2018-19 Budget is to safeguard Australians’ superannuation savings from steep fees associated…