SMSF, or a self managed super fund, is a small superannuation fund created for 1 to 4 members designed to create wealth. They are suitable for individuals who want to take control of their retirement planning by investing directly and making their own decisions about what and where to invest.
Your Investment Property reports on the 10 things you should know before buying property in your SMSF Continue reading Self Managed Super Funds: 10 things you should know about when buying property
House prices will continue to drift lower over the next year, said ANZ Bank, as increased caution about borrowing takes its toll on home sales.
“Amongst a turbulent global economic environment, the national housing market continues to soften,” said ANZ economics in their latest Australian Housing Snapshot, released today.
“The housing market has also been hit with a behavioural shift towards increased household caution.” Continue reading ANZ predicts house prices to keep dropping
FEWER than 50 households have signed up to a state government scheme to encourage relocation from urban to regional areas in its first three months, casting doubt over a forecast take-up of 7000 a year.
The relocation grant scheme was central to the Coalition’s pre-election pitch to create a ”decade of decentralisation” in NSW. Continue reading Public not moved by NSW regional relocation
Ten years ago I sanded an internal fibro wall on a lean-to built, probably, in the 1970s. Was it asbestos? I’m not sure. But ever since it has played on my mind.
It certainly was a dumb thing to do, that’s for sure, when you consider the risks that sanding, cutting or otherwise disturbing building materials containing asbestos. Continue reading Asbestos: a silent time bomb
1. Don’t renovate without first fixing faults. If the house needs re-stumping, re-wiring or re-roofing do this first. Putting time and money into cosmetic improvements without first making sure the building is sound is like putting lipstick on a gorilla. Continue reading 5 Renovation Blunders to Avoid
About to sell? Who do you target your property to – and how? Costa Charalambous and Your Investment Property reveal how.
When you bought your first property, you had a purpose, the property met your needs, and certainly there was a special connection. Now as the vendor, you are on the other side of the fence. But stepping into that old hat again and being in the buyer’s mind can help you be at the top of the selling game. Continue reading How to sell fast in a slow market
The Reserve Bank has left its key interest rate unchanged for another month, ignoring for now the gathering signs of a slowdown in global growth.
The central bank kept its cash rate at 4.75 per cent where it’s sat since Melbourne Cup Day last year.
The RBA’s decision was widely expected as the central bank attempts to weigh the threat of higher inflation from a rekindled mining boom against weaker growth for much of the rest of the economy. Turmoil on financial markets – which has knocked about 15 per cent off local share values in the past three months alone – was also not enough to prompt a rate reduction. Continue reading RBA extends interest rate pause