While a recent report might suggest Australians are the richest people in the world because of high housing prices, the reality is that the real beneficiaries of this boom are banks and lenders, Warwick Smith writes. The report on the latest World Wealth, published by Credit Suisse last week shows that Australians are the richest [...]
10 Financial Tips For Property Investors More and more Australians are building wealth through the property market. According to the Australian Taxation Office, there are over 1.7 million landlords in Australia. Over a quarter of these own more than one investment property. The largest percentage of property investors are not high income earners with the [...]
Divorce rates are on the decline in Australia, people are marrying and having children later in life, and more of us live alone, according to a new report by the Australian Institute of Health and Welfare. We’re also better educated, with more adults participating in the workforce than a decade ago. But many of us [...]
Share Written byAdam Zuchetti August 31, 2015 When it comes to reasons for investing in property, Western Australians are the most concerned with setting themselves up for the future while Victorians follow their parents’ success in the market. Mortgage Choice’s 2015 Investor Survey, conducted last month, analysed the responses of 1,025 first-time property investors, who [...]
Property investment expert busts 'myths' about negative gearing As property investment has been under the microscope of late, one industry expert has come out and busted some common 'myths' about negative gearing and property investment. Ben Kingsley, chair of Property Investment Professionals Australia and chief executive of Empower Wealth Advisory has refuted the argument that [...]
A study by Hong Kong-based equity brokers CLSA, including data from more than 50 meetings with industry contacts, says the phenomenal investment will continue for at least another three years. “China is now the number 1 source of foreign-capital investment in Australian real estate” Chinese residents want to emigrate to English-speaking countries, where there is [...]
