We will work with you to make GREAT things happen

 

Posted in Smart Money Management

6 changes property owners need to know from the 2017 budget

Posted by Chris Collard on 23 May 2017
6 changes property owners need to know from the 2017 budget
1. First Home Buyers There's a little bit of good news for first home buyers looking to save up a deposit for their first home. The 2017 federal budget states that they will be able to use their superannuation to assist with saving for a deposit for their home from 1 July 2017.
First home buyers will be able to salary sacrifice up to a maximum of $30,000 or $15,000 per year from their pre-tax income. This is over and above the compulsory superannuation contribution they currently...
Posted in:real estatePropertyBusiness real estateFinancial planningInvestmentProperty InvestmentBusiness AssetsSmart Money ManagementBuilding Wealth  

Is the property market about to crash?

Posted by Mark Attard on 2 May 2017
Is the property market about to crash?
Over the last 6 months this is one of the most common questions I have been asked. It's not a new question. It comes around every so often, normally after clients have read an article in one of the daily newspapers or watched a Today Tonight expose' on the crash that has to happen. I myself read an article last week that shared an overseas investment research houses assessment of our property market. For an overseas research house it was quite balanced and thorough but like...
Posted in:real estatePropertyProperty InvestmentSmart Money ManagementFirst Home BuyersBuilding WealthUpgrade My Home  

Adam and Lauren's story

Posted by Chris Collard on 23 April 2017
Adam and Lauren's story
We're there every step of the way Like most young families we are time poor and find it difficult to keep up to date with all the changes that are happening with interest rates and bank lending criteria. We first made contact with Chris and John at FinancePath a number of years ago when we were looking at our options regarding our first home. They were able to keep things simple and clearly explained what we needed to do over the next few years to be in a position to buy and bu...
Posted in:SuccessSmart Money ManagementFirst Home BuyersBuilding WealthStarting a Business  

Interest rates on hold in April

Posted by Mark Attard on 5 April 2017
Interest rates on hold in April
Right now is one of the most interesting times in lending that I have witnessed over the past 15 years. The focus by regulators to slow down lending to investors and now also focus their attention on unsuitable interest only loans is unprecedented in my time. What is the reasoning behind this focus? As we have discussed over the past month APRA the government regulator is concerned about inflated property prices, primarily investment properties in areas where supply outweighs dema...
Posted in:real estatePropertyplanningInvestmentProperty InvestmentSmart Money Management  

Can property investment fund my retirement?

Posted by Mark Attard on 2 March 2017
Can property investment fund my retirement?
Find out how many properties you need to retire. If you're like most people planning for retirement, you are probably wondering if property investment is enough to live on. You might be thinking about owning your own home i.e. not having to pay a mortgage and funding your retirement with rent money coming in from your investment properties. This article cuts straight to the chase in answering the most burning question: How many properties do I need to retire? READ MORE HERE...
Posted in:Early retirementPropertyplanningInvestmentProperty InvestmentSmart Money ManagementRetirementBuilding Wealth