Want to build wealth but not sure where to start? It might surprise you to learn that your home equity may be the key. Leveraging its equity not only secures your property but also opens avenues for substantial investment opportunities, paving the path toward an enriched financial future. Deciphering Equity...
Cracking the Credit Score Code for Your Dream Home
Planning to buy your first home is an exciting milestone, but it’s common to encounter some obstacles along the way. One significant factor that can impact your ability to secure a home loan is your credit score. If you find yourself in a situation where your credit rating isn’t ideal,...
Unlocking SMSFs for Investment Property Success
In today's world, financial independence and control are highly valued. Enter self-managed super funds (SMSFs), a game-changing tool that empowers individuals to shape their financial future and take charge of their retirement savings. One exciting way SMSFs are changing the landscape is by offering the opportunity to purchase investment properties. With SMSF...
When will interest rates go down?
The Reserve Bank of Australia caused few surprises when it lifted the country’s official interest rate by 25 basis points to 3.35% in February. After all, annual inflation jumped by 7.8% over the December quarter, according to the Australian Bureau of Statistics. That’s not just a 32-year high; it’s also...
Should you buy in a falling market?
Spring is in the air. Alongside the warmer weather comes what is traditionally the busiest season of the year for Australia’s property markets, with listings numbers and buyer activity usually significantly higher than during the winter months. This spring season will be very different from the previous two years, with...
Your borrowing capacity is falling right now – but you can fight back.
You’ve no doubt heard that interest rates are rising. Over the past few months, the Reserve Bank has been increasing the cash rate, taking it from a record-low 0.10% in May to 1.85% in August, with further increases all but certain. As the Reserve Bank has been increasing the cash...
What would Warren Buffett do in the current property market?
Warren Buffett is one of the world's richest people and most successful investors. According to Investopedia.com, his net worth is listed at $100 billion as of June 2022. Buffett once explained why he and his business partner, Charlie Munger, had built such an incredible investing record over many years. "We simply...
What expenses can investors claim on their investment property?
Every year, the Australian Taxation Office announces its key focus areas for tax time. And almost every time, investment property income and deductions make the list as problem areas in which taxpayers commonly make mistakes. ATO assistant commissioner Tim Loh said that all property investors should make sure they include...
How to make the most of your home’s equity
It might not feel like it, but Australians have never been as wealthy. Household wealth skyrocketed by $590 billion over the September 2021 quarter to hit a record $13.9 trillion, according to the Australian Bureau of Statistics’ most recent figures. Wealth per capita rose to a record high of $540,000....
What is Rentvesting – and why should you consider it?
It’s disheartening if you’ve been priced out of the property market where you want to live. Even if you’re prepared to compromise on location, it can still be hard to buy your first home in Australia, thanks to soaring property prices. But don’t give up on your homeownership dreams just...