The recent interest rate cut by the Reserve Bank was the first in nearly three years – and it won’t be the last. Following the announcement, lenders moved quite quickly to pass on the rate reduction to borrowers, with some passing on the full amount and others not quite. That said, some lenders moved to…
DetailsThe recent interest rate cut by the Reserve Bank was the first in nearly three years – and it won’t be the last. Following the announcement, lenders moved quite quickly to pass on the rate cut reduction to borrowers, with some passing on the full amount and others not quite. That said, some lenders moved to…
DetailsProperty markets never like Federal Elections because of the potential for change. As we all know, markets need confidence to perform well, and elections generally offer instability rather than the other way around. This year’s election, however, was another kettle of fish entirely with a stark contrast between the two major parties when it came…
DetailsA re-elected Coalition Government will guarantee deposits for first home buyers it was announced on Sunday. The policy, called the First Home Loan Deposit Scheme, was something that many of us in the industry expected at some point in the lead-up to the election. Why is that? Well, it creates a key point of difference…
DetailsLike so many things in life, some things are considered “better” than others without much justification for that point of view at all. Seemingly, you’ve made it if you are driving around in a Mercedes S-Class, regardless of whether you are paying for it on a personal loan with astronomical interest rates. People who drive…
DetailsThe Federal Budget has now been released and in it came plenty of handouts but not many new housing policies as such. Now, with the Federal Election still a few weeks away that could change, but as I see it investors are perfectly placed to buy now. Before you say, “Daniel, of course you would…
DetailsThere is always a lot of chatter about interest rates and now is no different. Most economists are predicting that rates will reduce at some point this year, because of our relatively flat economy. However, going out somewhat on a limb here, I believe the cash rate will hit zero in the next few years.…
DetailsIgnore the Negative Gearing Noise There’s a lot of nervousness among property investors at the moment. I’m not talking about the softening in property prices either, because the savvy ones know that you should act while others are hesitating. I’m talking about the proposed scrapping of negative gearing provisions for existing property that Labor will…
DetailsWhy use a buyer’s agent? Because buyers agent deliver great real estate returns to their clients. Here are the top 5 reasons to use a buyers agent: Saves time for property investors by managing the purchase process Provides expert property investment guidance through in depth market knowledge Negotiates deals with selling agents Provide independent…
DetailsWhy Your Strategy Counts When it comes to building a portfolio, each individual has different goals When it comes to building a portfolio, each individual has different goals. For me it was about creating financial freedom so I can live life on my own terms – you may want an early retirement or create passive income in…
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