Malcolm Turnbull mirrors labor values

NEGATIVE GEARING “For more than a month, the conventional wisdom has been that the Turnbull government has ruled out changes to negative gearing as part of its housing affordability policy.” the opening paragraph by Dennis Shanahan for the Australian. It is my …Read More

Superannuation or Negative Gearing, which one, or Both?

Superannuation Great article in the Australian by Judith Sloan April 13th, where Judith comments on the words of the Superannuation industry reps about accessing super for housing deposits and paying down their loans. “Ask a 30-year old whether they would …Read More

Negative Gearing on Residential Properties RIP?

Is Negative Gearing Finished? Why are escalating property prices in Sydney and Melbourne being blamed on negative gearing. Negative gearing on residential property was introduced in 1985 to stimulate the economy (building Industry) and assist in alleviating the rental market. …Read More

Rental Property Investor Jailed for Vacant Property

Couple jailed for vacant property Have you got a residential property that’s vacant? Well under new legislation being drafted by the Victorian government you could be fined, sounds a little crazy? That’s because it is. The real issue about the …Read More

RIP Negative Gearing for the Mum and Dad investors

RIP Negative Gearing Speculation is rife at present about the future of negative gearing on rental investment properties. The media reports of Malcolm Turnbull and Scott Morrison looking at ways to reap the benefits of a buoyant property market to …Read More

To Call Australia Home

To Call Australia Home Once again we see Sydney’s housing market surging to new levels and prices are forecast to soar even further, where will it end and who is fueling this latest boom? It’s a common fact that both …Read More

CFMEU pay deal locks in 20pc hike

The CFMEU has struck a deal with Australia’s biggest contractors Lendlease; Average 5% yearly wage increase 36 hr week 20 days annual leave Rostered days off 10 days paid domestic violence leave 10 days paid leave for union delegates 12 …Read More

Thousands of Homes Planned for Brisbane

Brisbane ratepayers have just received a mail out from Graham Quirk, the Brisbane lord mayor, informing them that the State Government has set Brisbane City Council a target of approving more than 223,000 new homes over the next 30 years …Read More

Corporate Letting Wanes

At a property conference last week a property expert stated that at present Brisbane had an oversupply of units (27,000) coming on to the rental market and although rental returns had softened slightly the main area of concern was corporate …Read More

Repairs or Maintenance, that is the question…?

You would have to live on Mars or at least own property there not to have read, heard or been informed about the Australian Taxation Office’s crackdown on investors claiming repairs and maintenance on additional expenditure incurred (spent) on their …Read More

Rooftop Magic in Rental Properties

The modern day CBD apartment has it all! luxurious appointments, kitchen full of stylish European white goods, deep pile NZ carpets to bedrooms, Italian ceramic tiles to wet areas and floating timber or bamboo flooring to lounge and entertainment areas, …Read More

NZ Earthquake

Our hearts go out to our NZ neighbors across the ditch, hammered again by nature at it’s worst, god bless you all. We complain here in Australia about property prices and low capital gains, interest rates and returns on our investments, but …Read More

Unit Developments in Brisbane

Many years ago Joh Bjelke-Petersen the then premier of Qld used to gauge the prosperity of the city on the amount of cranes visible on the skyline. Well if that’s the catalyst for a buoyant economy then Qld must be …Read More

Labor Looses Election Over Negative Gearing

It was obvious that Bill Shortens biggest mistake was his announcement that he was going to wipe out negative gearing, tax depreciation on investment property. A big mistake say most of his avid supporters, “its a well known fact in …Read More

$20,000 Immediate Tax Deduction, Confusing

Karl Stefanovic of the Today Show is not alone in the confusion surrounding the proposed $20,000 immediate tax write off announcement. Under changes introduced in the Federal Budget earlier this month, small businesses will receive an immediate tax deduction for any …Read More

Rental yield explained

The rental yield is used to compare properties and ascertain which one is better. Currently in most parts of Australia the rental yields are on the rise. Lets start at the definition of a rental yield and then move into …Read More

Claim Depreciation?

This year alone property investors will miss out on hundreds of thousands of dollars worth of property-related entitlements simply because they never made a depreciation claim. This could make the difference between having a good or bad year in property. …Read More

Jackhammer the drive

I arrived at a client’s premises to meet him standing there with a jackhammer in his hand ready to replace the drive, it was his first investment property and he thought that replacing the drive would induce tenants. Inside they …Read More

Old or New? Tax Depreciation benefits

          Which property is best for you…Old or New? I have lost count of the times I’ve been asked by property investors as to which properties offer the greatest amount of Tax Depreciation. As more first …Read More

A Sea Change

Buying a sea change (actual case study) About six months ago, a client came to us wanting to take advantage of the property market and purchase a small 2 bedroom unit, at the coast (South Tweed Heads), for retirement in 3 years’ …Read More