2016 End of Financial Year Tips and Traps

The end of the financial year is coming, and so too is that one thing everybody dreads doing – their tax return. Even though your tax return isn’t due until 31 October 2016, you may need to act now to implement some of the tax reduction and wealth building strategies outlined below. Make sure to

Federal Budget 2016

Tonight, 3 May 2016, the Treasurer, Scott Morrison, delivered his first budget in which he focused on small business, superannuation and transitioning the economy away from a reliance on mining to other parts of the economy. Below we summarise the key points from the 2016 Federal Budget. [WPSM_AC id=4980] Click here to download a pdf

How can you enhance your borrowing capacity

At at time when property prices have risen strongly, particularly in Sydney and Melbourne, many prospective property buyers ask us what they can do enhance their borrowing capacity (the amount of money a lender will be willing to lend them). Today the Reserve Bank of Australia met to review the official cash rate. They

Are Australian Banks still a good investment?

We have experienced some difficult investment market conditions over the last 12 months.  Globally, the key issues which have impacted markets are slowing growth and the need for low official interest rates to stimulate economies. Australian banks performed very well over the period of March 2009 to March 2015, however have pulled back significantly over

How much can I borrow to buy a property?

This is often one of the first questions that we are asked by clients when they are looking to buy a home or an investment property. In this article we focus on some of the recent changes to property loan lending and how they affect the amount that prospective buyers are able to borrow. The

Generating income from investments

The current low interest rate environment has led many income focused investors to look for assets which produce a higher level of yield than cash. Often these investors have chosen Australian shares which pay strong dividends and have franking credits attached. However, the events of the past month have been a timely reminder that dividends

Interest rates outlook

Our interest rates outlook over the next 12 months is for the official RBA cash rate to remain steady at 2.0%. Many market commentators expect the RBA will reduce the official cash rate by 0.25%, and it could be as soon as May 2016. If the RBA does reduce rates by 0.25% we expect