Superannuation Fund Enters Property Lending

Funding options for building societies have broadened with superannuation fund AustralianSuper’s entry into commercial property lending, according to The Australian Financial Review. AustralianSuper – the country’s largest superannuation fund, with $32 billion under...

Building Approval Statistics For Australia – April 2010

ABS Building Approvals – April 2010 Key Points TOTAL DWELLING UNITS The trend estimate for total dwellings approved was flat in April 2010 following rises in the previous 14 months. The seasonally adjusted estimate for total dwellings approved fell 14.8% following a...

Paying Interest In Advance On Investment Property

Now is the time of the year some people consider paying 12 months of interest upfront to claim the tax deduction in this financial year. If you have sold a property and have a capital gain liability, or have come into some money via a bonus or something, paying the...

Brokers Lead Banks In Customer Satisfaction

According to the latest Bankwest/MFAA Home Index, customer satisfaction with mortgage brokers has climbed 5 per cent since this time last year, from seven out of 10 to 7.5 – widening their lead over the banks. Some new clients have told me of their experiences with...

Top Ten Tips – Tax Returns On Rental/Investment Properties

Here is a list of the 10 most common mistakes that investors make when preparing tax returns for rental properties from a partner at BDO Kendalls. TIP l: Repair or improvement? There is a fundamental difference between a repair and an improvement – the former is...