Investors have long been lured by the property market, hungry for capital gains and regular rental income. The prospects for capital gain are good if you buy in well-located areas where the demand for property is likely to be high in the future. … [Read more...]
Top 10 steps to beating interest costs
Interest rates might be low but even so, there are some basic steps you can take to reduce interest costs. Step 1: Shop around It's never been a better time to negotiate with lenders as the housing market is relatively soft and big banks are … [Read more...]
Take the bite out of your grocery bill
The sharp rise in food prices in recent years has eroded consumers’ buying power. From having to pay almost $6 for a loaf of bread or even more for a litre of yoghurt, shopping has become a painful exercise, even before you hit the fresh meat or … [Read more...]
Hedging against currency risk
If you’re planning to invest in offshore assets, then the decision whether to hedge your currency exposure is an important one as movements in the Australian dollar can either erode or add value to your investment. A rise in the Australian dollar … [Read more...]
Five helpful hints on depreciating property
If you’re a property investor, make sure you’re claiming all the deductions that you can. Property investors often ignore depreciation and miss out on some of the huge tax benefits associated with owning an investment property. Under Australian … [Read more...]