Paying off your mortgage early will save you money and take a financial load off your shoulders. Here are some ways to get rid of your mortgage debt faster. 1) Switch to fortnightly payments If you’re currently paying monthly, consider switching to fortnightly...
Rising interest rates are almost always portrayed as bad news, by the media and by politicians of all persuasions. But a rise in rates cuts both ways. Higher interest rates are a worry for people with home loans and borrowers generally. But they are good news for...
With the property market hitting all-time highs in 2021, interest in investing in direct property through your SMSF has never been higher. In the September 2021 quarter, Australia’s SMSFs had almost $88 billion invested in non-residential real property, with...
Asset rich and income poor is the dilemma faced by many retirees. But there may be opportunities to boost your retirement income by tapping into your biggest asset – your home. With property prices booming, many retirees are finding that the home they have lived in...
The idea of adding a granny flat to your property sounds like a great idea. A property to rent out to generate some welcome extra income, or a home for adult children or mum and dad in their later years. But there are important tax and personal considerations to...
A properly drafted and executed Will can simplify the administration of your estate and potentially reduce costs for your beneficiaries. It can also help to avoid family disputes. What are the benefits? Your estate can be administered faster and with fewer...
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