1. Interest rates are the lowest they have ever been.
2. To get in ahead of the curve prior to income reduction, job pause, job loss or access to finance becoming more difficult.
3. Move to a lower monthly repayment to improve your cash flow.
4. Release equity to maximise your cash buffer.
5. Consolidate debt to make repayments lower.
6. Receive strategic advice regarding your mortgage strategy or buying a property.
And that’s just to name a few…
Key points Labor has announced their top five measures to improve housing affordability This includes three new measures to compliment the two previously announced regarding negative gearing and capital gains tax We focus on the key considerations for the proposal to ban SMSF borrowing to purchase property Housing affordability continues to be a central focus […]
Key points Downsizers are likely to be incentivised to sell the family home in the budget This is likely to assist self-funded retirees A significant portion of Baby Boomers wealth is tied up in the family home Government goal is to free up more supply of quality property There is speculation leading into the […]
The RLB Crane Index has noted that 7 out of 10 capital cities in Australia have recorded a decline in the number of ‘cranes in the sky’ since September 2016. This doesn’t come as a great surprise given the regulatory changes intended to curb the over-supply of high rise apartments in inner Brisbane and Melbourne […]
It’s Not About How Many Properties You Own | Did You Know the Government May Limit the Number of Properties You Can Negative Gear?
When it comes to property, there is no need to be greedy. As in most pursuits in life, greed often results in nothing but trouble and usually comes in the form of ‘get rich quick schemes’! With property investment, this means poor property decisions and returns. Property spruikers and the media often mislead consumers into […]
The Planning Minister in NSW, Anthony Roberts, is looking into establishing independent panels to grant development approval. What this shows is strong pressure from the NSW State Government on councils to allow for development, in a bid to tackle run away house prices. The reason being, and as mentioned in our previous post on housing […]