Financial Commentary and Investment Opportunities for February 2017
Today, in our quarterly video newsletter, Dr. Dennis Maddern speaks about: 1. The Health of the Australian Economy 2. Current Political Climate (Australia) 3. World Political Climate & Economies – (USA, Russia, China and the EU) 4. 3 Great Investment Areas (Growth) If you have any questions or if Maddern Financial Advisers can help you […]
Aged care changes and the family home
Decisions around aged care are always difficult and emotional. From the start of next year they are likely to get even more complex, with both the Age Pension and aged care sectors set for another shake-up. Currently, many people entering aged care choose to keep their former home and rent it out to help with […]
Property: Rent, buy or invest?
Buying a home has been heralded as the way to get ahead for generations of Australians. But with housing affordability a rising concern for would-be first home buyers and their parents, many younger Australians are beginning to weigh up whether it’s better to buy, rent or invest in residential property. Despite record low interest rates, […]
Tax and the family home
Australians love property and for the property owners among us, it’s been a nice feeling watching market values rise. It’s worth remembering though, the tax man could want a share if you sell. Unless the property is your primary residence, you could find capital gains tax (CGT) taking a cut of your profits. CGT applies […]
Buying a business
Set yourself up for success Many of us dream of running our own business, with all the independence and satisfaction that offers. While striking out on your own can be personally and financially rewarding, getting off to a good start is crucial to success. So if you are seriously thinking about becoming your own boss […]
The home owner’s dilemma – pay down the mortgage, or invest?
Owning a home is still the great Australian dream, but for many mortgage holders there’s a question lingering in the back of their minds – could they be earning more money if they invest in shares? The answer isn’t exactly a science, but there are some principles savvy investors can follow. The goal of any […]
7 Essential tips for buying your first home
1. Get into a ‘mortgage payment’ pattern ASAP You may have already been saving for a house, or paying rent towards a property, but the psychology of these payments can be very different to servicing a mortgage. It is easy to get complacent with a savings plan and say to yourself “Not this month, its […]
Self Managed Superannuation Funds and Property Investment
Property investing through your self managed superannuation fund (SMSF) can be a great way to create wealth for your retirement. Investing in property can be an effective way to diversify your superannuation investments, and any income from the investment property, including capital gains, may be taxed at concessional rates. This could mean a financial saving […]
Thinking about buying an investment property?
Australians love nothing more than buying property. Investing in bricks and mortar is a comforting and often easy investment decision for many investors, particularly those who feel at ease with buying something tangible. This love affair has only deepened since legislation changed to allow Self Managed Superannuation funds to borrow for property investment in 2007. […]