When it comes to incomes, millennials in Australia haven’t fallen behind, writes… Peter Whiteford, Crawford School of Public Policy, Australian National University Life has changed significantly for young Australians over the last 40 years. Millennials now delay marriage and childbirth, increase their years of study and have much greater rates of part-time work. As a…
Data released by the Australian Taxation Office (ATO) showed that just shy of 2.1 million Australians declared an interest in a rental property for the 2016 financial year. The number declaring a net rental loss to the tax office has declined over the past four years of available figures, mainly due to lower mortgage rates….
How will you cope when interest rates rise? Because they will…maybe even next year. Watch as Ken Raiss and I discuss this plus the effect the changes in banks lending policies have had on household spending and saving. With the level of household debt taken on by the average Australian rising to unprecedented levels, some…
Is there a product pushing culture in the financial services industry? The current sessions of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry are likely to uncover what most property investors have long suspected – that there is a product pushing sales culture within the financial planning industry which encourages…
Tighter restrictions on mortgage lending could increase risk to property prices. According to RiskWise Property Research the impact of any recommendation by the Banking Royal Commission to tighten lending could lead to some areas and property configurations carrying higher levels of risk. The Banking Royal Commission has found the current processes for ensuring prospective home loan…
Liveable cities: who decides what that means and how we achieve it? A liveable city has become the highest form of praise we can give to a city space, but we need to discuss what that means and who gets to participate in the process of governing and shaping a city, writes… Commentary by: Merridee L….
I’ve recently met a few investors who are lured by the “security” of serviced apartments. Usually they’ve attended a seminar or received a glossy brochure, spruiking the benefits of their secure rental returns. But are serviced apartments really as secure as they seem? Or are you just sacrificing a sound, long term, wealth generating investment strategy…
Are you an investor who’s heard about the benefits of depreciation and have decided to start claiming? That’s great news for your investment. Claiming depreciation will help you maximise the cash return from your investment property. As a non-cash deduction, depreciation is a quick win for investors and requires minimal effort on the owner’s end….
With demand for housing in Australia’s capital cities continuing to drive up property prices. It’s no wonder we are seeing a big decline in first-home purchases by our younger citizens, particularly in Sydney and Melbourne. They are standing on the outskirts of a staggeringly expensive property market, which seems impossible to break into. To all…
The Mornington Peninsula in Victoria has topped the list of the 10 best regional areas in Australia for capital growth, according to RiskWise Property Research. The research house compiled the list of the Top 10 Regional Areas for both houses and units across Australia with Melbourne’s western suburbs coming in second. Victoria featured strongly on…