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The Reserve Bank of Australia raised interest rates in July by 0.5 percentage points, making the new cash rate 1.35 per cent. The RBA is raising rates in a bid to slow down, hopefully not stop, household spending. This, in turn, hopefully, slows..
The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum and change. The message; walk boldly with courage. And it seems the Reserve Bank Governor is aligned with this sentiment.
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Investing in property seems to be part of every Australian’s DNA. Given the significant growth in property prices in Australia, clients are now looking at using their super to invest in property via a Self Managed Superannuation Fund.
Many people ask the question about paying off one’s mortgage vs making super contributions. This is an interesting question especially in such a low interest rate market. Remember, for most people, putting extra cashflow into super (as Concessional..
If you have a small property development project in mind, there are some essential factors to consider before purchasing that dream block. A range of taxes, duties and other unexpected costs can quickly add up.
