Articles In ‘In My Opinion’ Section
Record House Prices »
In a news release today Peter Thompson, Managing Director of Barfoot & Thompson, made the comment that the average February house sales price was a record $521,323. "The average house price in February increased by 3.2% on January," he also said. For the past two years, the average February price has been between $10,000 and $20,000 below [...]
Tauranga, Auckland Among World’s Most Pricey »
This particular article caught my eye in the Herald today probably because of the fact that 3 of the places they talk about i.e Tauranga (basically the Mount), Auckland and the Gold Coast are where I am based. The article follows and I have interjected occasionally with my comments in italic and preceded with tpr: Tauranga is in the top 20 [...]
Property Partnerships a Smart Way to Home Ownership »
As house prices continue to rise, particularly in Auckland and Wellington, it is becoming increasingly difficult for single people to purchase a dwelling. One hundred percent, no deposit mortgages, or even 95% low deposit home loans have all gone. Another alternative for two people, be they friends or siblings, is to form a property [...]
Australians Get Ready For Next Boom »
An interesting article that came across my desk today; I say interesting because this has come out a day after the RBA increased the official cash rate. It reminds a little of a comment someone made in a blog I was reading which made me cringe, the guy said " The share market has gone up today so I think I might get in and buy some".... [...]
LAQC vs Personal Ownership »
This is a question I am asked by nearly every single client when they buy an investment property. As a Financial Planner in Australia the concept of an LAQC was new to me in 2004 and because you can achieve the tax benefits of an LAQC without having to have one I though it was just another way for accountants to increase their billable hours to [...]
Learn from the Super Rich »
I love reading the BRW top 200 rich list when it comes out. Sometimes I have even been able to say a friend or two have been on there however not this year. The following excerpt comes from Michael Yardneys news letter and is a great read. We can learn a lot from Australia’s richest people, so let’s quickly look at some of the [...]