The Australian investment landscape offers a plethora of options, and venturing beyond the traditional share market can unlock exciting growth opportunities. Private investments have emerged as a compelling avenue for sophisticated investors seeking diversification, potentially higher returns, and a more active role in shaping investment decisions. What are Private Investments? Private investments encompass a broad…
Key takeaways You’ll need to estimate your taxable income for the 2023/24 financial year by tallying up all income and deducting all eligible expenses. Once you’ve estimated your likely taxable income for this financial year, it’s worthwhile to see if you can reduce your income below the previous tax bracket, and to contemplate your taxable…
Over the past few years we’ve witnessed a whirlwind of changes, particularly in the mortgage market. Mortgage rates have skyrocketed, soaring from 2.9% in April 2022 to a staggering 6.4% today. And if that wasn’t enough, the rental crisis has reached new heights, with vacancy rates plummeting to record lows nationwide, causing rents to skyrocket….
Key takeaways Regional home values hit a new record high in April, after recording a nominal recovery in March. Dwelling values across the combined regions are rising at the fastest pace in almost two years. Across the country’s 50 largest non-capital city Significant Urban Areas (SUAs), 19 markets are at a record high. Victoria and…
Key takeaways If you own an investment property and rent it out, you can write off a number of costs on your annual tax return. You can write off loan establishment fees, amortisation of lenders mortgage insurance, title search fees charged by your lender, fees for preparing and filing mortgage documents, mortgage broker fees, strata…
Key takeaways Australia’s housing crisis has become a fierce political battle that could have major implications for the next federal election. Peter Dutton kicked off his “election campaign” in his budget reply with a populist promise to fix the housing crisis by cutting back on migrant numbers to 140,000 a year and cap foreign student…
As the year progresses and autumn turns into winter, at least here in Australia, it’s easy to lose sight of your goals. The New Year’s resolutions to eat less and go to the gym more may seem like a distant memory. The plan you had to boost your career by networking more may also have…
Victoria has become Australia’s second-most popular state for international buyers and tenants eyeing a move to the lucky country last month. New figures from PropTrack show that offshore demand for rentals is currently 32% above historical norms, with increasing interest coming from the UK, New Zealand, and China. Only New South Wales had higher demand…
Home improvements can disrupt your living space, making it essential to find effective ways to store your belongings. Whether you’re renovating a single room or undertaking a whole-house makeover, keeping your items protected and organized is crucial. In this guide, we’ll explore four practical strategies to help you manage your possessions during the chaos of…
Key takeaways Investors can often become annoyed or frustrated over their ‘lost opportunities’, but there is little to be gained from that mindset. Property prices increase significantly over time, and the earlier you start investing, the better off you’ll be. In 1975, the median house price in Sydney was almost six times the value of…
