Farewell negative gearing and CGT discount?
You’ve probably seen ‘negative gearing’ and ‘capital gains tax’ in the news recently. That’s because they’re set to become hot topics ahead of the next federal election. Today we’ll take a look at both. If you’re...
Choosing the right investment ownership model
We all know that choosing the perfect investment and getting the timing right are both critical. What people often overlook, however, is selecting the right investment ownership model. How you own your investment – and with whom – is a decision you’ll want to...
Why is the bank saying I can’t service a loan?
A question we often get goes something along the lines of: ‘I make my repayments on time, and I save $1,000 per month, why is the bank saying I can’t service a loan?’ Here’s how banks conduct loan serviceability. When a bank calculates loan...
More carrot, less stick: Comprehensive Credit Reporting
Many people only pay their bills on time to avoid being slugged with late fees and a bad credit rating. But a big change this month means that you can now be rewarded for timely repayments. From mid-September, ANZ, NAB, Westpac and CBA all agreed to commence...