In this article, I’ll explain the role of a town planning consultant and what you need to be asking yourself. Town planning consultants are professionals with qualifications in town planning or urban planning. Those in private practice have usually been employed by local councils or planning organisations for a number of years, meaning they know…
![Ever wondered how your coffee gets from the grower to you? [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/09/coffee-270x200.jpg)
There’s a good chance your day started with a cappuccino or a cold brew, and you aren’t alone. In fact, coffee is one of the most consumed drinks on the planet, and it’s also one of the most traded commodities. According to the National Coffee Association globally coffee consumption is estimated at over 2.25 billion…
It feels like we are living in busy times. According to the OECD Better Life Index, 12.5% of Australians report working at least 50 hours a week, higher than the OECD average. Many Australians are also working more than one job to buffer against cost-of-living pressures. Psychology has long been interested in our goals –…
When it comes to financial security, traditional advice often centres around paying off your home mortgage as quickly as possible. The peace of mind that comes with owning your home outright is undeniably appealing. However, this strategy might not always be the most effective way to grow your wealth. Instead, using the funds to invest…
As we near the end of the financial year, it’s wise to reflect on how you can optimise your tax position for the 2023/24 financial year. Below, I’ve outlined the factors we typically consider when reviewing a client’s position. Firstly, estimate your tax position When undertaking tax planning, the initial step involves estimating your tax…
The “latte line” is the infamous, invisible boundary that divides Sydney between the more affluent north-east and the south-west. Historically, people north of the line enjoy better access to jobs and education and can capitalise on rising property wealth. This has reinforced economic inequality. Despite our image as a classless society, similar spatial divides have…
Asked to grade Treasurer Jim Chalmers’ third budget on his own criteria of delivering on “inflation in the near term and then growth in the medium term”, most of the 49 leading economists surveyed by the Economic Society of Australia and The Conversation have failed to give it top marks. On a grading scale of…
“I don’t know what to do.” I’ve heard those words a lot over the years. Smart, successful people with good educations would sit across from me and tell me they’d done little to no financial planning. They just didn’t know what to do, so they did nothing. I’m not surprised. Uncertainty has a way of…
Estate planning is a critical process that involves organising one’s affairs to manage and transfer property after passing away. It provides peace of mind for individuals who wish to ensure that their assets are distributed according to their wishes and that their family members are well cared for. An essential part of estate planning often…
The Albanese government decision to revise the Stage 3 tax cuts has ignited a political firestorm. The government argues revising the plan to give bigger tax cuts to low-and middle-income earners struggling with the cost of living justifies breaking an election promise. The opposition says the changes will make bracket creep worse in the long…
