Just like you claim wear and tear on a car purchased for income producing purposes, you can also claim the depreciation of your investment property against your taxable income. Seasoned property investors know all about this one. In fact, some will take depreciation into account before purchasing their investment. But it’s not just for the […]
Some of the most important decisions a business owner will make are about their premises: whether to rent or buy, where to base the business and even the style of the property are important to get right. For those with a self-managed super fund (SMSF), there is one more option to consider: landing business premises […]
Many people dream of running their own business but four out of five never do it. If you’ve got a good idea, develop a business plan, then talk to an accountant or business adviser about your finance options. Your business finance or commercial finance options include: Business loans Commercial loans Lines of credit Home equity […]
Zero percent financing sounds great, but as with so many things, there are often strings hidden in the deal that could end up costing you money. Think about it: The car financing company isn’t really lending you money for free. It would go out of business pretty quick if that were the case. The zero […]
7th March 2017 The Reserve Bank of Australia has today announced the outcome of its board meeting and it has decided to leave the official cash rate unchanged. As widely predicted the RBA has kept rates on hold as it balances a swag of recent positive economic news around growth in the economy, unemployment, house […]
There’s no shortage of horror stories about people who have bought a property that looked fine on the outside but which, in fact, hid serious defects, in other words a lemon. Major problems and faults can cost property buyers many thousands of dollars to fix (that’s if they’re fixable at all), not to mention […]
Whether you’re after lower repayments or want to tap into the equity sitting in your home, refinancing can offer a world of benefits. Here are some things to be aware of so that you don’t find yourself hooked into a bad deal. Don’t be fooled by the interest rate Finding a lower interest rate doesn’t […]
Any renovation project, large or small, can be all-consuming in terms of your energy and money. Here are six loan types that can help you with the financing. Considering transforming your home from ‘blah’ to ‘brilliant’, but lacking the funds to support your major makeover? Here are a few different home renovation loans to help […]
While managing your own investment property can seem like a simple way to keep more of the rent flowing towards the mortgage, there’s a little more to it than making sure the house is standing and collecting the money. Managing your investment property appears straightforward: you find a tenant, they pay rent and you keep […]
7th February 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over recent months. Business and consumer confidence have both picked up. Above-trend growth is expected in a number of advanced economies, although uncertainties remain. In China, growth […]