Finance News
While multigenerational living (in which more than one generation of related adults live together under one roof) is nothing new, it is fast gaining traction in Australia due to the housing affordability crisis, according to a new book, Living Together: The rise of multigenerational households in Australian cities. Multigenerational households have become the norm in many of…
RBA’s Phillip Lowe denies objective of APRA is to control prices and points to supply/demand challenges. APRA’s targeting of investors and interest-only lending is not intended to control house price growth, the governor of the RBA has claimed. Speaking to the Economic Society of Australia in Brisbane, Phillip Lowe commented that “I want to point…
Well The Finance Guru team, HFM & Partners & divorceplanning.com.au have moved. Over the road! 230 Lennox Street Richmond has been our home for the last 2 years however the building got sold late in 2016 and forced us to make a move. So since March 1st 2017 we are at The Loft, 229 Lennox…
REIV has released its Top 10 Suburbs to watch in 2017.: Hoppers Crossing – Outer south west suburb with median house price growth of 15 per cent in the past year, despite a high number of transactions. Solid auction activity (84 per cent clearance rate) and a relatively tight private sale market (median of 28…
How the assets test will work in 2017 could increase your Age Pension entitlements, or take some or all of them away. With revisions to the Age Pension assets test just around the corner, it’s important to understand how the changes could impact you, particularly with part-pension thresholds somewhat tighter than initially projected. These thresholds…
Whilst I am not a regular watcher of the show one fund manager has described the 2016 year as an epic battle that could have been fought on Game of Thrones. What has been demonstrated time and time again is that having the largest army doesn’t mean you’ll win the war. The rulers of various kingdoms have…
Record low rates don’t seem to have helped mortgage holders from feeling the pinch, as the number of Australians behind on their mortgage payments has hit its highest level in three years. A new report from credit ratings agency Moody’s shows the proportion of borrowers more than 30 days behind on their mortgage payments hit…
After a week away with a mix of business and pleasure with my wife Sarah we flew home on Wednesday morning at 1.30am, Jetstar from Phuket to Sydney. Like any flight you jump on board and hope that the TV entertainment works, then after that you hope the headset works after that your done. Well…
