If you are a wage earner, complete an income tax Withholding variation (itWv) to minimise holding costs so you can get tax savings back regularly during the year.
Looking back through my files, I see that there was an item in the Herald Sun in Sydney in May 2009 where the journalist queried the saying "property prices doubled every 7 to 10 years". He poured water on this and said that from his research "property prices double on average every 14 years…
After the largest downturn in 40 years, the Australian residential property market is moving out of its correction with a forecast 5.4 per cent increase in national house prices in 2020. Corelogic and Moody’s 2019 third quarter housing forecast report has predicted a significant uptick across the…
A high-net-worth individual (HNWI) is somebody with around $1 million in liquid financial assets. A recent report showed that China lost 15,000 HNWI’s across the 2018 year. Where did they go?? There you have it, for the fourth year in a row, Australia beat out the US as the top destination for…
What looks like there is only confusion in the Beaurocracy, Labor want a talkfest and SloMo is now overseas having done nothing. This led me to think about what can the club do free of all this red tape. I look forward to your ideas! Right now we have the air force and Army to use their cargo…
We always talk about what will keep our house price growth going strong? Is it low interest rates? Is it the economy? These are obviously critical, but one of the main drivers is . . . population growth. We can have all the supply we want, but without demand, there will not be a requirement for more…
Positive news through this week from The Australian showing that housing investors are making a comeback with stronger borrowing that bodes well for house prices, particularly while the Reserve Bank continues to cut interest rates Investor loans jumped 5.7 per cent in August, the biggest month-on…
Domain reports that Victoria’s population had the most rapid rise over the year to March, with recently released figures from the Australian Bureau of Statistics showing it jumped an estimated 133,500 people. However net interstate migration – at about 12,800 people – dropped 15 per cent annually…
Well here we are, the game that (for some!) stops the nation! It looks to be a great one, so may the best team win! The Australian Bureau of Statistics (ABS) recently published the March 2019 quarter demographic data. The data showed that at the end of the first quarter of 2019 the estimated…
Hi All, Trust you survived last Friday 13th ok (I didn’t mention it so I wouldn't jinx anyone!) as we come towards the end of the third quarter of 2019! Some good news out from Core Logic, where you can see the trend yourself: a good, strong uptick in auction clearance rates! Logically . . . this…
Australia’s prudential regulator (APRA) decided to relax strict lending restrictions that were in place on banks and other financial institutions. What this means, is that previously the banks were applying a "stress test" to see whether home loan customers could afford (at least) a 7% interest rate…
Well, you heard it here first (actually over 12 months ago!) that the next move in rates will be down and down they have gone! Does your loan start with a 3 in front of it?? Do you know we can get fixed rates for members from 1 year to 5 years that all have a 3 in front of them?! The Reserve Bank…
What is an SMSF? A self-managed superannuation fund (SMSF) is a super fund where you’re in control. You’re not only a member but also a trustee. You choose the investment strategy and manage the investments. An SMSF is flexible enough to allow you to invest in different assets like property, private…
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