finance

7 surefire ways to boost your borrowing power
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In the current property climate, where opportunities abound, the last thing you want to hold you back from securing an additional asset for your portfolio is any restriction on your borrowing capacity. But that is a reality many investors face given the banks heightened wariness around refinancing and tighter restrictions on how much money they’re…

Are you banned from a SMSF? You may be…
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More and more Australians are trying to protect their financial future by setting us their own Self Managed Super Funds (SMSF). However, there are some interesting rules governing and who is legally allowed to run them. But very few of us understand them.  Did you know that a “disqualified person” is not permitted to be…

Ask the expert [Video] | Has the average Australian family taken on too much debt?
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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…

What you need to know about debt after death
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What happens to your loans and debts when you die? It’s probably not something you’ve given much thought to, but understanding the way debt works after we pass on is important for all investors to consider, so as to ensure that our loved ones are financially taken care of – and not burdened – afterwards….

Money - is it a positive or a negative?
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How does money influence you? When does money go from being a positive, to a negative force in our lives? When it becomes an obsession, and it’s one of the last things you think about before going to sleep, and the first thing you think of when you wake up. If you judge the integrity…

Australia's housing finance in seven charts
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The latest Australian housing finance statistics back-up what we already know: the national housing market is starting to cool, writes… Danika Wright, University of Sydney Local housing economists have been pouring water on the notion of a “property bubble” recently, arguing instead that rather than a bubble pop, we are on track for a gradual…

The construction projects that broke the bank [INFOGRAPHIC]
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We’re in the middle of  a property and construction boom at present, buoyed by strong population growth and low interest rates. I hope the developers of today learn some lessons from the mistakes of others in the past. Before the Global Financial Crisis of 2008 there seemed to be  one common goal  in construction projects…

Weekly Economic Recap: Spending away Australia's Triple A rating
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The IMF warns of secular stagnation while Moody’s ponders a credit downgrade for Australia if GST and negative gearing are not tackled, writes… Richard Holden, UNSW Australia in his weekly economic wrap. The big news this week was domestic. And it was about the big picture.   Australian unemployment came in better than expected at 5.7%, down 0.1%…