Property is a popular investment asset that contains a number of significant advantages including income generation, capital growth and substantial tax deductions.
Although tax deductions and offsets shouldn’t be the key reason to invest in property, if you have purchased a property make sure that you use every concession available to you.
There are three categories of rental property expenses: Continue reading
You may remember back in early 2008 the Reserve Bank of Australia (RBA) commenced a series of official interest rate reductions resulting in the cash rate falling
by a total of 4.25%. These levels had not been seen for decades and were a bonanza for home owners and those looking to buy their first property.
Taking into account the single interest rate drop in November 2011, since October 2009
the RBA has raised the cash rate by 1.5% to its current level of 4.5%; however with the effects of erratic global markets on the Australian economy, it’s impossible to guess
what the RBA will do from one month to the next.
With so much uncertainty abounding would fixing your loan rate be a good
decision? Let’s look at the pros and cons. Continue reading