Property Finance Made Simple

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Finance for renovation; Property Finance Made Simple www.propertyfinancemadesimple.net.au   Ever wanted to know what is required from a finance perspective to renovate a property, structurally or non-structurally?   Firstly, obtain quotes, understand all costs involved from materials, labour, perhaps cost of accomodation if you need to move out temporarily. Any permissions needed, so if you […]

APRA sounds alarm on commercial property risks

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Following a recent review, the prudential regulator has today warned that many banks have fallen “well short of expectations” regarding portfolio controls for commercial property.   https://www.smeadviser.com.au/news/64-apra-sounds-alarm-on-commercial-property-risks?utm_source=SME%20Adviser&utm_campaign=10_03_17&utm_medium=email&utm_content=2   Commercial property is a good strategy worth considering. Stay tuned for my new article soon to be published in a business journal, on commercial property

Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars

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  A NEW breed of property investing in Australia is expanding into other money-making areas, including offshore. Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars, is growing rapidly as investors search for ways to benefit from rising property prices.   This may […]

Household debt likely to stand in the way of rate hikes

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Official interest rates are at historic lows and it seems unlikely that they are going to be increasing in the near future. Furthermore, don’t expect interest rates to return to historic average levels due to record high levels of household debt.   https://www.linkedin.com/in/andrewccrossley/recent-activity/shares/    

First home buyers: Stamp duty cuts for houses worth up to $600,000

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This is good news for first home buyers. If the Government paved the way for more supply, and the millennial generation was prepared to buy further out then this 3 pronged approach will assist. Let’s not forget that the Andrews Government is predominately useless and should be ousted and this step of abolishing stamp duty […]

The Block, Tv illusions and make believe?

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I came across this article, from Tyron Hyde, Washington Brown. I considered attending the auction, but no point. Tyron, arguably makes some good points below. I’d love to see the TV network try to prove otherwise.   Is The Block the world’s worst development? Washington Brown has crunched the numbers on The Block’s latest development […]