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Understanding the Risks of Property Investment: How to Avoid Costly Pitfalls

Many people dream of buying an investment property. When done correctly, it may provide you with a comfortable retirement and perhaps the option to purchase additional investment homes, therefore growing your assets and money. However, like with any investment, there are certain hazards to consider, particularly if you are unsure what to search for.  It …

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Inflation Tightens Its Grip on Household Budgets!

The Reserve Bank has reported that household budgets have been significantly impacted by high inflation and rising interest rates, resulting in substantial decreases in real disposable incomes (measured after tax, interest, and adjusted for inflation) since early 2022. Since the initial rise in cash rates in May 2022, many mortgage holders have experienced an increase …

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See How Rising Property Values Are Fueling Australia’s Financial Boom!

Some fabulous news just coming in from the Australian Bureau of Statistics: household wealth in Australia rose by 1.5% or $250 billion, during the June 2024 quarter. The seventh consecutive quarter of growth, the recovery and resiliency within the economy can be truly envisioned. Total household wealth has grown to an incredible $16.5 trillion, and …

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Australia’s Million-Dollar Markets on Fire!

In August, 29.3% of the 4,772 suburbs analysed had a median value exceeding one million dollars, a substantial increase from 21.7% in January 2023, when the market was at a low point following rate increases. This is the greatest percentage observed since April 2022, when 26.9% of suburbs achieved seven-figure medians. “Only 14.3% of house …

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Strategies that helps you lower capital gain tax when selling your property

Dealing with taxes, especially Capital Gains Tax (CGT), is one of the many complications you’ll have to confront when selling your home. Despite the fact that CGT is an obligatory tax, there are ways to reduce the amount you have to pay to the ATO. There are ways to sidestep them as well, but only …

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