FINANCIAL PLANNING TIPS

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ECONOMIC SUMMARY After a predictably sound finish to 2015 when the annual retail frenzy aided local and domestic markets, the bears came out at the start of the new year. A plunge in oil prices forced a sell off. While this should help you…

Depreciation Differences: Old Versus New Residential Properties

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Property depreciation is a non-cash tax deduction available to the owners of income producing properties. As a building gets older, items wear out – they depreciate. The Australian Taxation Office (ATO) allows property owners to claim this…

Sanjay's Interest Rate News - Interest Rates to fix or not to fix ?

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This is the question facing home owners in the current interest rate climate. With the official cash rate expected to remain static in the short term, should home-owners look to fix their mortgage before a potential rate rise occurs? Interest…