Aged care changes and the family home Decisions around aged care are always difficult and emotional. From the start of next year they are likely to get even more complex, with both the Age Pension and aged care sectors set for another shake-up. Currently, many people entering aged care choose to keep their former home and rent it out to help with […]
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Property: Rent, buy or invest? Buying a home has been heralded as the way to get ahead for generations of Australians. But with housing affordability a rising concern for would-be first home buyers and their parents, many younger Australians are beginning to weigh up whether it’s better to buy, rent or invest in residential property. Despite record low interest rates, […]
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Tax and the family home Australians love property and for the property owners among us, it’s been a nice feeling watching market values rise. It’s worth remembering though, the tax man could want a share if you sell. Unless the property is your primary residence, you could find capital gains tax (CGT) taking a cut of your profits. CGT applies […]
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Buying a business Set yourself up for success Many of us dream of running our own business, with all the independence and satisfaction that offers. While striking out on your own can be personally and financially rewarding, getting off to a good start is crucial to success. So if you are seriously thinking about becoming your own boss […] Read more
The home owner’s dilemma – pay down the mortgage, or invest? Owning a home is still the great Australian dream, but for many mortgage holders there’s a question lingering in the back of their minds – could they be earning more money if they invest in shares? The answer isn’t exactly a science, but there are some principles savvy investors can follow. The goal of any […]
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