Start Here  
Book your free
appointment

Time to Add to your Property Portfolio?

2009 certainly was a better year for property than 2008, with some cities such as Melbourne recording high teen’s in capital growth for the year. Sure this is something every property investor gets excited about and you should, as your wealth base should have grown from your property investment over this period. Given this has been the case an...

Read More

2010 Economic Outlook

Australia has defied the rest of the developed world and is looking at its 19th consecutive year of positive economic growth. Most economists are predicting that the economy will continue to grow this year and will fare much better than other economies. Gross Domestic Production (GDP) will be boosted by the planned Government infrastructure spen...

Read More

Holiday Homes as Investment Properties

Its holiday season and that time of the year we all head to the beach or the bush for our Christmas and New Year breaks. It’s a time we get to read the paper from front to back and also even pick up the local papers for a catch up on what's happening in our favourite Christmas holiday destination. It’s also a time we get to wander up and down t...

Read More

Developing Property and GST

In a recent case at the Federal Commissioner of Taxation, Administrative Appeals Tribunal a taxpayer was fined over $160,000 for failing to disclose the sale of new townhouses in their business activity statement. If you are building a property with the intention of selling the property for a profit, then you are required to register and charge GST...

Read More

RBA Rates Decision – December 2009

The RBA chose to increase interest rates by another 0.25% to continue its program of moving rates up from their emergency levers.  This is the first time the cash rate has moved up in three consecutive months, since the RBA starting announcing cash rate movements back in 1990. Brief Interest Rate Outlook for 1st Quarter of 2010 So will inter...

Read More

“NETTELS” Grow Property Values

Intrigued by the headline? - What are NETTELS? Well it is the new demographic term used for higher income earners with kids yet no time, as termed in a recent article I read written by Bernard Salt. So what does the abbreviation NETTELS stands for? Not Enough Time to Enjoy Life. They are aged between 30 & 49 years of age and both work full t...

Read More

RBA Rates Decision – November 2009

The Reserve Bank has lifted interest rates by another 0.25% in November as they move to more sustainable cash rate levels, believing we are past the worst of the Global Financial Crisis.  The RBA believes the Australian economy has weathered the global storm well, and will be one of only a few countries that will to lead the rest of the developed ...

Read More

Laziness Costing Borrowers

Last month saw Infochoice release their first quarterly cost-of-banking research report.  It claimed borrowers are throwing away billions of dollars to the major lenders because they are paying interest rates that are too high on their mortgages. We agree, and as interest rates start moving higher and it hits the hip pocket, it is important to ...

Read More

Cash Flow You Didn’t Know You Had…..

The management of cash flow and the provisioning for future cash flow is critical in helping to build a long term wealth base. There is no benefit in buying real estate and not being able to hold onto it for a traditional full value cycle, because the entry, holding and exit fees are usually high, so you are reliant on the value to compound signifi...

Read More

The Affordability Question

Most people will agree it has done its job of getting more home buyers into the market and the follow on effect will be a mini-construction boom, once the land titles are registered and the new homes are under construction. Couple this with record low interest rates and it’s only natural that a spike in sales and demand would lead to price val...

Read More

Home Prices on the UP & UP!

Australian home prices grew by 3.7% in the September quarter - the highest quarterly growth seen in six years, are the results being reported in Australian Property Monitors – Septembers Quarterly House Price Series Melbourne led the country with a 6.1 per cent increase over the June quarter.  The average house price in Melbourne was $487,249...

Read More
Connect with Empower Wealth:
Get in the know - Subscribe to our Newsletter