Apparently there is an Australia wide one…But QLD and NSW would be great !

hi marc…Firstly thank you for your comments… They are much appreciated. (I will send you an email)hi devo…Spot on!

Firstly pls forgive me if you know this already…I'll try to keep this as simple as possible.I will assume you have been paying tax as you go (ie PAYG).If you earn:$50,000          —->     Your employer would have paid the ATO $ 10,350.00$60,000          —->     Your employer would have paid the ATO $ 13,350.00$70,000          —->     Your e…[Read more]

Hang out at your local nursery home…Make buddies with all the grandmas and read books… even better if you can play a musical instrument.Tend to their bedside just like their real grandchildren should…Then at one of their most vulnerable moments.. subtly suggest that perhaps you could look after their assets when they are unable.The best time…[Read more]

Hi mate…Firstly, you need to determine whether or not you have factored in all costs of your operation.For eg. Have you calculated taxes / tariffs / import levies / GST / deliveries / insurance / general overhead business costs, etc.It's important that you are able to identify who your business partners are.That is, are you manufacturing,…[Read more]

Hi mate…It's important to note that the US and the Australian housing markets are very different.Prices are not as volatile here in Australia as the US market… As you would know is not uncommon in the US to see a house sold for $100,000 less than what it was purchased for…Whereas, generally speaking, housing prices in Australia tend to ho…[Read more]

I absolutely LOVE my credit card!I frequently use it as a "Ready-credit" style account.I borrow $10,000 cash (at $4.60 per day) to purchase stock that I can turn into $12,000 in 5 days.What is it I do you ask?I buy stock from one market and sell it in a different market.Let's just say a form of legal arbitrage.

I find that the Australian Bureau of Statistics has a lot of handy information… http://www.abs.gov.auAlso, check with local council, state govt sites, public transport sites, etc.It's also a handy to keep an eye on companies like Westfield, Stockland, Meriton, Laing and Rourke, Australand, to monitor their actions i.e. the ramora fish feeds off the…[Read more]

Whatever you do DON'T sign with RAMS….They listed @ $2.50 on the share market a couple of weeks ago…their share price has dropped to 60 cents… in less than two weeks…They will need to assess their position and try to find some cash from somewhere…. ie. by increasing their fees…Much better options out there..

You might find these ones useful:http://www.domain.com.au/Public/FinancialCalculators.aspxCheers,Anthony.

You'll find the best foreign exchanges rates at http://www.ozforex.com.auAsk for Alex Nicholas…(I work for a bank and even I would use ozforex)Cheers,Anthony.

Hi Bex,A true investor can make money in any market.I respect Steve and his investment strategies and believe he has helped many people.But even Steve would agree that sometimes PROPERTY (cash flow or negatively geared) is NOT always the answer. Investing is ofcourse about diversification. Property is one vehicle… there are many vehicles to get…[Read more]

Hi Shane,

With all due respect, why would you want:
“the simplest plan possible” ….?

I know some people see the business plan as a step to finance…
but if you are investing don’t you think it’s worth researching as much as possible before entering into it…?

For example, I am currently working on a business plan for a manufacturing…[Read more]

Are people flocking into this town…?
or
are they going the other way?

Hi mate…

Generally speaking… adding an additional carspace to your unit title would INCREASE the value of your property…

Extra noise should NOT be a problem…
However if this obstructs your view for example,
then this might be a problem.

It sounds like a POSITIVE move to me.

Hey BigCol…

I tend to agree with some of the other statements on keeping the winners…

Ofcourse to sell, then repurchase…
you already loose out with exit costs, agent fees, Cap Gains Tax, only then to reinvest and pay again (in most cases) for stamp duty, legals, new loan fees, insurance etc… This can amount to 10s of 1000s of…[Read more]

Having to pay for it… That’s a con.

Mate…
If the strata is cheap…
It’s in a good building (not too big)
no pool, no spa, no sauna, comes with parking, in good area, easy to rent, close to schools, transport, etc, good infrastructure…
for that price… Do it..

Treat it as your PPOR for atleast first six months to get the $7K FHOG and stamp duty exemption… then pour your…[Read more]

Maybe you could “include” bills….

For eg. $320 per week… Water, electricity, included.
Water is normally included in the price anyway…
it just sounds better when you add electricity too.
When they sign the lease… you could cap the bills at a certain price.

Advertise with INTERNET optional…
You can compare internet plans…[Read more]

G’day raddles…
I have an investment property in Canberra.
I bought last year and I am VERY happy with the rental return.
It’s also increased in value about 25%, so I can’t complain about that either.

In regards to tradies… I have noticed a HIGH DEMAND and LOW SUPPLY…
For eg. I had to wait two months for a security door to be fitted @…[Read more]