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This week we return to our podcast episodes recorded prior to Coronavirus. In this episode, we discuss offset accounts, God’s gift to mortgage strategy!
The effective use of offset accounts is one of our Top 5 strategies for creating wealth through property, it greases the wheels of the other mortgage strategies – optimisng tax deductions, ability to hold and accumulate property, money management system, risk management and offset accounts.
In this week’s episode we turned our thoughts to the property market and the multitude of forces that determine its trajectory. We look at the stabilisers, head winds and yes, even tail winds, despite what the mass media might have you believe!
In the seventh Podcast since Covid-19 took hold, we turned our thoughts to the alarmist headlines emerging, warning that the property market will drop by 20-30%. Why in all likelihood that won’t be the case by taking a critical eye to data and forecasting, and jumping in the time machine to look at the economic impact of previous pandemics and recessions on the property market.
In this week’s episode we turned our thoughts to focusing on planning for your next decision, as the governments start planning for, and in some cases such as WA and QLD, removing restrictions to open up the economy.
It takes time to develop your property plan and selection strategy for the next purchase. This all happens before you can even begin the searching process and get your finance approved.
We continue to share our hand selected articles in our sections ‘Property’, ‘Government’ and ‘Economy’, and also include links to government support packages, for business owners, employees, job seekers, landlords and tenants. We also include prescient articles on the Covid-19 data, research and strategies that shape the analysis of the economy and property markets.
Here is our pick of the best – 23 April
1. Post Easter Week Sees A Rise In Scheduled Volumes, However Challenges Remain As Withdrawn Numbers Continue To Weigh Down Success Rates
2. Tax reform heads RBA’s wish list
3. Australia’s success implies we’ve over-stimulated
4. Provide incentives for using the tracing app
5. Covid-19 medical trial to treat thousands with HIV, malaria drugs
6. Solving the mortgage debt crisis no one is talking about
In this week’s episode we turned our thoughts to focusing on the green shoots, sprouting here and there, marking the early signs of recovery. In the last week, state governments have been talking about lifting restrictions, sporting bodies have been working through their plan to get back on the field and elective surgeries are back on the agenda. These are just a few of the things that have the ability to impact market sentiment.
