The Aussie dollar reached parity with the US greenback in October 2010 and has maintained its strength since. But how much longer can this run last?
“What goes up must come down” might be an essential feature of gravity, but many others believe the Aussie dollar is held to the same principal. The dollar reached parity with the US greenback last October – the first time since it was floated in 1983. Since then, the dollar has inched upwards nudging $US1.10 in early May. Continue reading Which way for the Aussie dollar?→
It’s that time of year again, when thoughts turn to tax returns and receipts. But are you making the most of your tax benefits?
There can be numerous tax and other benefits associated with owning an investment property. The trick is to know what they are and how to make the most of them over the short and long term. But what are the key tax benefits available to investors? Continue reading Tax tips for savvy investors→
Income is one of the biggest factors influencing and often preventing hopeful property investors in making their foray into the market. But as Your Investment Property explains, there are strategies to bring down the walls and start investing even when you’re not flush with cash.Continue reading Investing on a low income→
The central bank has again signalled that interest rates will increase “at some point” but says it will wait for more news on the state of the international economy and on Australia’s domestic demand.
The minutes of the Reserve Bank of Australia’s (RBA) June 7 board meeting, show the bank believes inflation is being moderated by a high Australian dollar and recent lowering labour costs.
All properties will suffer from maintenance issues but these can be compensated for through tax deductions. Wear and tear happens — but that doesn’t mean owners have to lose out.
Bathroom tiles chip and crack, hot-water systems break down and carpet can acquire indelible stains. Just a few signs of the wear and tear of everyday living that come with owning a house or apartment. But if maintenance issues are annoying for owner-occupiers, they can be doubly so for property investors. Continue reading Claim depreciation or miss out on deductions→
In many new areas, powerlines are going underground. But if you live in an older area, would you fork out for the privilege?
A paper released last year by the Crawford School of Economics and Government at the Australian National University found that underground powerlines could increase a home’s value by 3 per cent. That doesn’t sound much, but on a $500,000 property, it equates to $15,000. Continue reading The great power burial→
Australia’s first home buyers are now six years older than four decades ago, with new research showing average borrowers wait until their thirties before taking on large amounts of debt.
Underscoring the nation’s problem with housing affordability, a new survey of home owners and aspiring first home buyers shows one in five first home buyers used more than 50 per cent of their income to service their debt. Continue reading Home owners going backwards since the ’70s→
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The Aussie dollar reached parity with the US greenback in October 2010 and has maintained its strength since. But how much longer can this run last?
