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Top 5: Finance & property quotes week commencing 20 April

By the resi financial blog team, 24 April 2015

Top 5: Finance & property quotes week commencing 20 April

The week gone by has been an interesting one. Discussion in the property and finance industries spread far and wide, with an assortment of topics coming to light. Debate has continued to rage about the role of negative gearing in the housing sector, while other commentators highlighted the importance of real estate in keeping the economic wheels turning. Here are five of the top quotes to spark your interest. 

#1. After a vocal week last week, the Housing Industry Association (HIA) has taken another track and revealed an insight or two into the future of the renovation m ...

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Property Investment Tips: When should you raise the rent?

By the resi financial blog team, 24 April 2015

Property Investment Tips: When should you raise the rent?

Think of rent like the lifeblood of your investment property: It's there to support your long-term goals and can give you the extra funds needed to maintain the property in the mean time. However, one of the biggest mistakes a landlord can make is to let their rents stagnate. It can be a touchy subject with tenants, but reviewing your set rent regularly can stop your from losing money on your property. But how do you go about this? Here are some tips to help you make the right decision. 

Don't forget about terms and conditions

There is a strict set of rul ...

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Property market information: What's going on with negative gearing?

By the resi financial blog team, 23 April 2015

Property market information: What's going on with negative gearing?

There are a lot of ways you can go about saving for retirement. You might put away your pennies religiously or invest in a few shares here and there but, in recent times, one of the most popular ways for everyday Australians to grow their wealth has been property investment - and not without a bit of discussion. Lending to investors has been on the climb, with low interest rates and soaring house prices encouraging many to purchase a rental. 

The Australian Council of Social Services (ACOSS) threw a spanner in the works with its report on negative gearing. The whitepaper  ...

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Market/Finance News Blog: Reserve Bank to balance Sydney and wider economy

By the resi financial blog team, 21 April 2015

Market/Finance News Blog: Reserve Bank to balance Sydney and wider economy

Wherever you choose to buy a home, it's hard to escape news about rising property prices in Sydney. The Reserve Bank of Australia (RBA) continued to bring the New South Wales capital into its interest rate decisions and it looks like it will keep doing so, at least as long as values skyrocket. However, in a speech to The American Australian Association, RBA Governor Glenn Stevens has stuck to his guns about letting the city dominate all other decisions. 

In an address called "The World Economy and Australia", Mr Stevens covered a wide range of eco ...

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Property Investment Tips: Don't forget about ongoing costs

By the resi financial blog team, 20 April 2015

Property Investment Tips: Don't forget about ongoing costs

If you've decided you'd like to try your hand at residential property investment, entering the process with a clear set of expectations is key. These aren't just limited to the property itself, either, or the upfront cost of buying the house - you've got to think about investing in a home as a journey with any number of financial twists and turns. There is wide array of ongoing costs attached to your venture. Here are some of the top ones to bear in mind. 

Tax on rental income 

If you own a rental property, you're obligated ...

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