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Inflation or Not?
Read more: Inflation or Not?From pooches to second-hand cars, to homes in regional areas, to ground beef in the supermarket. Everyone has a story about how their money is buying less. Eight years ago, you could get this good girl delivered to your front for $1300. Today, or more precisely back in January, she went for $7990, and you had to front for delivery. While that’s a jump over 8 years, a good part of it has occurred recently. The pandemic had a spike of people wanting dogs. Breeders can only supply so many dogs, so they had the luxury of pricing according to…
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2021 March Quarter Overview
Read more: 2021 March Quarter OverviewEconomic Overview The world held its breath as it entered the first quarter of 2021. Despite hoping for a peaceful transition from President Trump to President-elect Biden, the US Capitol Building was stormed by supporters of President Trump on January 6. The havoc saw five people die, including a Capitol Police officer. In the wake of the violence, President Trump elected to bypass President Biden’s January 20 inauguration and there were lingering concerns of civil unrest. Thankfully, the Inauguration was uneventful. With the US political environment slightly more subdued, attention turned to the eye watering stimulus. The stimulus at the…
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COVID-19 (NSW): stamp duty reduced for first home buyers.
Read more: COVID-19 (NSW): stamp duty reduced for first home buyers.The NSW Government announced on 26 July 2020 that they will reduce stamp duties on newly built homes and vacant land for eligible first home buyers from 1 August 2020. The threshold above which stamp duty will be charged on new homes for eligible first home buyers will increase from $650,000 to $800,000, and concession on higher values will be reduced before phasing out at $1 million. The stamp duty threshold on vacant land will rise from $350,000 to $400,000 and will phase out at $500,000. The changes are part of the NSW Government’s COVID-19 recovery plan and will apply to…
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The Property Obsession
Read more: The Property ObsessionIt would seem never has so much been lost by so many in times of headline prosperity. What does that mean? We’re continually surprised about the inbuilt marketing characteristics of property as an investment strategy, even to people who have lost money on it. We repeatedly have people walk in our door who want to improve their financial future, but are also intent on steering the conversation towards residential property as their solution. We assume this stems from the country’s ongoing obsession with property. It’s on TV, it’s on the radio, it’s in the newspapers and online. It seems everyone…
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2017 Federal Budget Review
Read more: 2017 Federal Budget ReviewLast night’s budget was notable for its lack of major superannuation meddling for once. So, in the absence of any truly significant changes, we’ve pulled out the key points for you to consider.Pensioners Older Australians who lost their pensioner concession card by the pension assets test change introduced this year – you will be getting them back. The Government will make a one-off Energy Assistance Payment of $75 for single recipients and $125 per couple for those eligible for pension payments on 20 June 2017 and who reside in Australia. The payment will be automatically paid in the week commencing…
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