I found this really interesting during the week as I know many of you are property investors. BMT Tax Depreciation, Australia’s leading provider of depreciation schedules, says investment property owners are making 3 costly mistakes on their tax returns when it comes to depreciation; Getting the depreciation category wrong There are two types of depreciation…
According to leading research house SuperRatings, Suncorp was the top returning fund over the 12 months to the end of June, with the Suncorp Multi-Manager Growth Fund returning 3.8 per cent. This was followed by BUSSQ and Australian Ethical Super, whose balanced options returned 2.5 per cent and 2.4 per cent respectively. Over 10 years,…
The economic impact of the COVID-19 crisis is starting to come through in the monthly numbers. The latest were this week’s employment figures. – while the unemployment rate rose from 7.1 per cent to 7.4 per cent in June, it was the highest jobless rate in 21½ years (since November 1998). – the good news was…
Happy Friday everyone, As Victoria goes back into lockdown to fight a second wave of the Coronavirus, economists are getting concerned about the economic damage and investors are getting spooked. A couple of points to make up front; The Government is borrowing money at less than one per cent interest. I’ve mentioned this before, but…
According to estimates from leading research house SuperRatings, the median balanced superannuation option rose 2.1 per cent in May, driven by a strong rise in share markets on the back of better-than-expected economic news and the beginning of a staged reopening of the economy. Based on current estimates, the financial year-to-date return for the median…
I asked a group of my favourite experts from ‘The Call’ to give me the 2 shares to have on your buy list if there is another sharemarket correction like happened in March.
It’s one of those financial nightmares we all hope doesn’t come true… running out of money in retirement. Outliving your wealth adds an unwelcome level of stress at a time when you’re financially vulnerable. Without a regular income stream from a wage, and limited employment opportunities, it is near impossible to rebuild if you run…
Everyone has a moment of financial desperation. A moment when they wonder, how can I make money right now? An unexpected big bill, an opportunity too good to resist, a sudden overseas trip… the list is endless. The only thing in common is that you’re in a financial bind and in need of extra cash……
Did you miss this week’s Facebook Live session with David Koch? Watch the segment now as he gives a rundown on this week’s economic updates and answers questions from his audience on Facebook. Questions answered this week: 1. Both my children have over 100k in a term deposit but both are not ready to purchase homes. Their…
Am I offering too little, or too much? Should I match the asking price, or try for less? Figuring out how much to offer on a home can be a tricky process. But if you spend the time working out your budget and researching the property you’re interested in, you can be on your way…
A few years of stellar returns has convinced many people that investing in property is a sure thing....
It’s a funny thing when you realise that your parents are old. It makes you reflect on their...
Every working Australian is invested in the sharemarket… through their superannuation. As global sharemarkets tank and the doomsayers...
