Interest-only loans are where you merely pay back the interest of a loan to the lender. So if you borrowed $500,000 and made repayments for five years, your balance would still be $500,000. They are designed predominantly for investors for cash flow and tax deductibility purposes. In March 201...
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Blog by Suze
Property investment is big business in Australia. It accounts for 60% of the banking system's assets, and over half of Australians’ wealth is held in residential concerns. That works out as $6.6 trillion over 9.6 million homes, or a respectable three times the total value of superannuation fund...
03-10-18 08:26 PM - Comment(s)
Buying your first investment property may seem daunting—it’s a major financial commitment after all. However, if done right, it can be the start of a property investment journey towards a more financially secure future. Lending policies may be getting tighter, but house prices are also set to pick u...
25-09-18 08:49 PM - Comment(s)
How Much Less Tax Could You Have Paid If You Invested In A Property In The Last Financial Year?
By Suze
Investment properties can be a great way to qualify for major tax breaks. But there's a caveat to this: timing is everything.
Investing in a property prior to the End of the Financial Year (EoFY) makes you, as a property investor, eligible for certain tax deductions.
Settling prior to...
20-09-18 09:48 PM - Comment(s)
Here are recent home loan market developments to keep you updated.
SELF MANAGED SUPER FUND LENDING UPDATE
Another one bites the dust with the Westpac group announcing that they will stop lending in the SMSF space. The bank advised that SMSF lending will be no longer available from 31st Jul...
03-08-18 11:18 PM - Comment(s)