Australian properties see record profits in 2024 Property owners who sold their homes during the 2023-24 financial year generally made a gross profit, due to a strong market and the fact that most homes rise in value over time. Domain found that 96.0% of people across...
The pros and cons of rentvesting Australians, especially those in our capital cities, are often faced with a trade-off due to the rising cost of housing and their limited savings. They can live in more desirable suburbs, but due to high costs of entry, they may have...
5 reasons why this might be a great time to buy With the property market cooling in many parts of Australia, many people may be wondering if now is a good time to buy as either a first-home buyer or investor. Australia’s median property price fell 3.4% in the August...
How to consolidate tax debt If you find yourself owing money to the Australian Taxation Office (ATO), and you weren’t prepared for it, there are options available to you. What happens if you fail to make your tax payments on time? According to the Australian Taxation...
How is interest calculated on my home loan? As a basic rule, mortgage interest is calculated each day, based on the amount of money (or principal) still owing on your loan. As the principal declines, so does the borrower’s interest bill. For example, if someone took...
