State land taxes – the devil is in the detail
The Victorian State Budget delivered on May 23, 2023 includes various land tax charges that should be concerning for both tenants and landlords alike. Preston...
Investment property tax deductions you can claim before EOFY
As the end of the financial year (EOFY) sneaks in, now is the time for property investors to consider and leverage the various tax...
Dietary supplements and chronic fatigue syndrome
Chronic fatigue syndrome (CFS), or myalgic encephalomyelitis, is a debilitating condition that affects many people worldwide. The Australian Bureau of Statistics estimates that approximately 250,000...
Putting it all in perspective
Each week I write these articles, I try to find some interesting statistics that might give me a clue on what is happening from...
Instant asset write-off: what you need to know
More than 3.5 million businesses can take full advantage of the instant asset write-off, which after a year extension, will end on June 30...
Why did we need another rate rise?
Wowee, it's hard not to write about the Reserve Bank’s decision to put up interest rates another 25 basis points. Australia’s inflation figures were down...
Offset accounts: are you using them to your advantage?
An offset account is a powerful financial tool that can help homeowners save money on their mortgage and reduce the amount of interest they...
Marriage, separation and divorce – family law and wills implications
BY CHARLOTTE BRANCATISANO, FAMILY LAWYER AND EMILY RANNER, WILLS AND ESTATES LAWYER Getting married and separating are life events that have a significant effect, from...
Markets within markets
What a difference a couple of weeks makes! Only three weeks ago people were still writing us off - a poor start to the year...
Rising financial scams in real estate – how to protect yourself
Picture this scenario: you receive an email from a trusted source, but something seems off. Maybe there's a typo, or the greeting doesn't use your...
Tax on your property – it’s worth checking out
BY GARETH KENT Director, Preston Rowe Paterson Geelong My phone is running hot at the moment with people calling and asking questions about tax on property:...
Is the end of interest rate hikes finally in sight?
With the Reserve Bank of Australia (RBA) having raised interest rates for the 10 consecutive time at the beginning of the month, many Aussies...
Is this the bottom of the cycle?
This week, CoreLogic reported that over the past week, across the five capital cities, property values increased by 0.2 per cent (Sydney 0.4 per...
The latest on Australia’s property market: It’s not all bad news
BY LEIGH DELEDIO Director, UFinancial Australia's housing market has been making headlines lately. If you've been following the news, you have probably seen some headlines like these...
The dawn of a new property cycle
Property cycles are best described as clocks. For the last three years we rapidly moved toward midnight, the heat in the market was like nothing...
Town by town snapshot – Wye River
The size of Wye River is approximately 35.8 square kilometres, the population of Wye River in 2016 was 51 and by the 2021 Census...
Learn from failures and try again
Some people get this idea that we don't ever fall short and fail miserably sometimes! Of course we do — it's human. We all fall...
Planning to enter the property market in 2023? Here’s what you should know
If you're considering buying a property in 2023, there are a few things you need to be aware of. It’s not exactly news the Reserve...
Knife’s edge or generational opportunity?
BY GARETH KENT Director, Preston Rowe Paterson Geelong There are many factors that can influence the performance of the property market, including economic conditions, interest rates,...
The countdown is on: is your loan among the 800,000 fixed-term loans expiring this year?
The Reserve Bank of Australia (RBA) predicts about 800,000 fixed-term loans will expire this year, which could result in a minimum 40 per cent...
Hot tips for maximising the sale price of your property
BY GARETH KENT As expected, the Reserve Bank lifted the cash rate to 3.35 per cent last Tuesday, with the impact on households being an...
How to choose a location when building a new home
BY DANIEL SENIA Where to build a house is a primary concern for first-time buyers as it determines many of your lifestyle preferences, and when...
The cost of building a home in Australia: what to expect in 2023
There are tons of reasons why people may prefer to build a new home instead of buying an established home. You can customise everything to...
Green shoots or weeds?
BY GARETH KENT The Geelong and Surf Coast housing market continues to be a watch-and-see game in 2023, with notable purchaser groups missing from the...