Advice for buying or selling property

Are you buying or selling a house, farming land or commercial property? Talk to your accountant now! Recent changes to taxation laws mean that anyone purchasing or selling property may have an obligation to withhold tax, or find that they have tax withheld from their settlement proceeds! The ‘Foreign Resident Capital Gains Withholding’ regime has […] Read More

What lessons can you learn from the rich?

In the Financial Review 2017 Rich List there was an article relating to lessons from some of those people behind a number of our local house hold name businesses including Gerry Ryan of Jayco caravans, Frank Costa of Costa Fruit and Vegetable and Geoff Harris of Flight Centre to name a few. One of the […] Read More

Buying or Selling a Property in Australia?

The foreign resident capital gains withholding tax rules have been in effect since 1st July 2016. As from this date, Australian residents selling real estate with a market value of more than $2m or more need to apply for a clearance certificate from the Australian Taxation Office (ATO) to ensure the purchaser does not withhold […] Read More

The 6 Financial Mistakes To Avoid In your 50’s

I recently came across an excellent written by article by Jack Derwin for nestegg.com that I thought would be of interest to our readers. This was of particular interest to me as I am in this age group and many of my clients are as well. This article is summarised below with additional comments as […] Read More

Four investing myths

There is so much information available to investors at any time that it is now becoming difficult to determine if that information can be relied upon. I thought it was an opportune time to try and sift out some of that information we believe is a myth rather than a fact. Myth One All property […] Read More

What have I learned in the last 6 weeks?

You can continue to learn a lot in a short amount of time, but in the last 6 weeks I have been reminded of some pretty important lessons I have learned previously.  A couple of these points I have mentioned in my previous blogs. The Richest Man in Babylon This is a financial book by […] Read More

Global Financial Crisis

What happened to the dividend & interest income? According to Wikipedia the 2008 Global Financial Crisis (GFC) was considered by many economists to be the worst financial crisis since the Great Depression. The resulting panic and irrational investor behaviour saw many investors sustain significant losses when they switched out of plunging global equity markets (including […] Read More

Control the important things you can control!

Are you in business and/or an investor and feel like you are not getting anywhere?  Or worse still, you don’t actually know if you are making progress financially? Then you need to take control – and you need to do it quickly! Some easy and important things you can do to work out if you […] Read More

Defence Housing Australia (DHA) property investments – How good are they?

The purchase of a DHA investment property appears to provide all that most property investors are looking for. It is typically a 3 to 5 bedroom house, 2 or 3 bedroom townhouse or a 2 bedroom apartment with the following characteristics: The properties are generally no older than 2 years, therefore providing high depreciation deductions […] Read More

Investing for Income – Is it time to think differently?

With the RBA likely to announce further reductions in official interest rates during the year, this will be yet another blow to fixed interest investors who have faced a number of years of declining interest returns. If and when the RBA announces this interest rate reduction, you can guarantee the big banks will drop their […] Read More