News & Information
Picking a good investment property - Property investing has become a popular Australian pastime with one in ten taxpayers owning a negatively geared property. But just what makes a good bricks-and-mortar investment? It's not about buying any old house or unit, that's for sure, and it's most certainly not about buying something you'd want to live in or even in an area that you necessarily find desirable. Over the next few weeks I will... more
INTEREST RATES STEADY - The Reserve Bank has opted to hold interest rates steady at its board meeting today.Mortgage holders have been hit by six rate rises since late last year. Borrowers across the country have been hoping for the good news after being told by the Reserve Bank Governor, Glenn Stevens, that rates were near normal levels. Each 0.25 per cent interest rate rise adds another $50 to the monthly cost of an av... more