The magnificent coastline, free-spirited lifestyle, and amenities started to weigh less for the young Aussies as they struggled to cover their basic expenses. The salary can’t keep up with the effects of rent, inflation, and climate change. Therefore, fresh graduates and young families are seeking an alternative country to leave the life of counting every…
There’s no real ‘secret’ to property investing success, but as I’ve said many times before, there is a strategy. There are so many articles around about how to make sure your property investments outperform the rest of the market. The right location, the right price, the right plan… Searching for the ultimate path to guaranteed…
It’s now two years since the RBA first started to raise interest rates resulting in the biggest tightening cycle since the late 1980s. Rates have gone much higher and stayed high for much longer than I thought would be the case as Australian households proved more resilient than expected thanks to a combination of a…
As we edge towards the end of the financial year, it’s the time that you need to crunch some numbers to make sure you have all your tax obligations right, so today I am again joined by Rob Thompson, Assistant Commissioner of the ATO to dive into the world of taxation, specifically targeting tax time…
Over the past two decades, the average growth in the median house price across the top five capital cities has been 5.3% p.a. This rate is considerably lower than the preceding 20-year period from 1983 to 2003, during which median house prices grew by 8.7% p.a. This significant difference in growth rates has substantial implications…
Books, blogs, and magazines are full of great tips on what to do to become a successful property investor. However today I’d like to look at a number of things successful investors don’t do. 1. They don’t concern themselves that the markets are unpredictable. Successful investors are comfortable with the reality that their future can’t…
In the current property markets where capital growth will be subdued for some time, more sophisticated investors are considering getting involved in property development to enable them to “manufacture” capital growth. However, embarking on property development isn’t as simple as it might seem and unfortunately, too many investors begin their property development journey on the…
Every property investor wants to pay less tax and increase their income streams, but up to 80% of investors fail to take advantage of one of the big tools available to help them do just that: property depreciation. A professional tax depreciation schedule can be the difference between a negatively geared property and a positive…
Believe it or not, we’re almost half way through 2024, and our property markets are surprising many on the upside. Of course, each year brings its own set of wins, challenges, and lessons to learn and looking back at last year – 2023 – this was certainly no exception. So it’s a good time to…
I was watching former US President Barack Obama speak at a global event the other week, and I was struck by how charismatic he was. Whatever you think of the Obama administration’s time in office, there’s no getting past his mastery of language and the stage presence he possesses. Some people have this in spades,…