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best investment

Apr 04
0

Young Investors or Fools!

By | best investment, Economy, Home Loans, Investment, Negative Gearing, Properties, Property Solutions, Real Estate | No Comments

Do Gen X and Gen Y Really “Need their Head Read?

Young Investors or Fools – Do Our Younger Population Pay More Because of Ignorance?

Interesting debate in the headlines of some of our national newspapers today, my question is are they Young Investors or Fools?

It’s all about a group that I used to be a member of, our under 30’s. Basically they are getting very little of the $40 billion in tax benefits being shared by the older demographic cohorts!

young-investors

Young Investors or Fools?

The basic cause of this very unfair treatment of our younger workers may well rest in their own ignorance. In the words of the late Kerry Packer, “If anybody in this country doesn’t minimise their tax they want their head read”. For those younger generations who want to know a little more, Kerry was the father of James Packer. Kerry died a few years ago as Australia’s wealthiest person. It’s worth having a look at this infamous committee appearance by Kerry into corporate tax. See more here: http://goo.gl/llfSvw

The news article today tells us, “It is overwhelmingly older, wealthier people who access the breaks to buy and sell properties and to park income at discounted tax rates.”

Lime Property Solutions has many younger clients who do not need their head read. Instead of throwing up their hands and shouting “UNFAIR!” they have contacted Lime and found out how easy it is to buy an investment property with relatively little saved or with nothing saved and good trusting parents who are prepared to give a guarantee. Just so many don’t know because they don’t bother to find out!

Have a look at the Kerry Packer link above. Here is the full statement,

“”I don’t know anybody that doesn’t minimise their tax,” Mr Packer growled as he stirred his delicate parliamentary china cup of tea with a teaspoon.”I’m not evading tax in any way shape or form. Of course I’m minimising my tax. If anybody in this country doesn’t minimise their tax they want their head read. As a government I can tell you you’re not spending it that well that we should be paying extra.” To read today’s full article go to: http://goo.gl/dScY0Z

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Twitter: @LimeProperty1

 

~ Lime Property Solutions

Apr 04
0

No Changes to Negative Gearing

By | best investment, Economy, Investment, Negative Gearing, Properties, Property Solutions, Real Estate, Research | No Comments

No Changes to Negative Gearing – There is Nothing to Worry about for Investors Who Are Negatively Geared

The media scare campaign is definitely on but there will be No Changes to Negative Gearing. Virtually every year for the last 20 years that I know of, there has been some scaremonger in the media about changes to negative gearing “in the next budget”.

negative-gearing

 

This time, for those who actually read the articles rather than glance at the headline and guess the rest, there is no talk of changes in the May Budget but Labour has made a policy statement that things will definitely change under a Labour Government for those that do not currently have an investment property! Yes people, the current system will be grandfathered, meaning that only new purchasers of investment property after 2017 will be affected. The word “New” should probably not have been used in the last sentence, I was referring to buyers after 2017 but even buyers after 2017 will NOT be affected by any changes if they purchase brand new property!

No Changes to Negative Gearing

The Liberals are still talking about what they may do, but again, they have been making some references to any changes they may make being “grandfathered”.

Instead of being frightened off of investment property with some scary headlines, the big message really is BUY YOUR INVESTMENT NOW before things might change!

Read more: http://goo.gl/I4AHn2

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Twitter: @LimeProperty1

~ Lime Property Solutions

Apr 04
0

Time to Buy and Investment Property

By | banking, best investment, Investment, Market, Properties, Property Solutions | No Comments

It’s Time to Buy an Investment Property

Are you ‘wealthy’ in terms of having a lot of asset and a good income from either your work or asset base or both?  Maybe you don’t think you are wealthy yet but you know somebody you are certain is wealthy.

There is one thing that is almost a certainty that all wealthy people have in common and that is property ownership.

economy

 

In this the land of the fair go, new income distribution figures show how much of the nation’s income ends up with the few. (This blog about “income”, not to be confused with ‘wealth’, which is discussed in a blog below). It’s all part of the same discussion with the world’s growing concern about inequality.

We’re not too bad in Australia but things are certainly getting better for the wealthy and, of course, it is more obvious depending on the area in which you live. Sydney has been revealed as Australia’s most unequal major city in new income distribution figures from the Australian Bureau of Statistics. Read more

If you live in the NT, then 6.5% of total income goes to the top 1%, whereas in NSW 11.4% of income goes to the top 1%. If you live in the CBD, Haymarket and the Rocks then 22.9% of total income is going to the top 1%!

Seem the only way to ensure you are not going to be left behind is to get some good advice on property investment and find out how to develop a performing property portfolio as soon as possible.

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~ Lime Property Solutions

Apr 04
0

Fastest Price Growth in Australia

By | best investment, Economy, Financial, Home Loans, Investment, News, Properties | No Comments

Price Growth the Highest it’s been in 8 Years!

Number of Property Sales Approaching All-Time High

Price growth to Continue

Economy Witnessing Rapid Expansion

These ‘Headlines” are true but you really have to read between the lines to see and understand them.

Instead you get to read,

” The boom time is over for house prices in Sydney and Melbourne, with top economists from our major banks and universities projecting prices will rise by less than 3 per cent across both cities in 2016.” –

http://www.smh.com.au/business/the-economy/businessday-economic-survey-what-will-happen-to-house-prices-in-2016-20160127-gmfolm#ixzz3yslpWtTh

 

price-growth
……  Or if you really want some cheering on the same day’s media you can read

“The latest Sydney weekend auction market results are sobering for both buyers and sellers.”

http://www.domain.com.au/news/lowest-january-auction-results-in-10-years-20160131-gmiayu/

Keep looking and reading and you can clearly see these stories are for local Sydney consumption are both are only discussing the Sydney or the Sydney/Melbourne housing markets.

There are always opportunities somewhere in Australia to make excellent gains in property investment. If you do read between the lines in much of the media we see in Sydney at the moment, the articles often point to the fact that Brisbane is growing! So if you do want to read some more positive commentary on the current housing market, you may have to start reading the Courier Mail or some of the other Queensland –based newspapers.

~ Lime Property Solutions

Apr 04
0

Change Your Home Into The Best Investment Ever?

By | best investment, domain, Home Loans, Investment, News, Properties | No Comments

Is It Really So Easy to Buy the Best House? Or Change Your Home Into The Best Investment Ever?

According to a recent article posted on domain.com.au we can all live in a much healthier home by doing eight very simple little things – according to science!

investment

 

What really attracted me to this article was the fact that I do really like to think that I am somewhat in control of my health and well-being but I am also pretty de-motivated at the thousands of articles I read that suggest I should be doing a lot more exercise or going on to one of the latest fad diets. Either of these suggestions (if implemented) does not make my home “healthier’; in fact either could create depression if implemented!

So maybe I could try all of the following?

Here are eight ways to make your home instantly healthier.

  1. Dine with coloured dinnerware
  2. Turn down the thermostat at night
  3. Wash your linen weekly
  4. Add a mirror to your dining room
  5. Create a charging station (Are we really so connected today??)
  6. Downsize bowls and glassware (Ok – there had to be something about diet or size of proportions!)
  7. Add greenery
  8. Build a home playlist

Full explanations of the above can be found in the full article; http://www.domain.com.au/news/eight-simple-ways-to-create-a-healthy-home-according-to-science-20160125-gmdwwh/

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Twitter: @LimeProperty1

~ Lime Property Solutions

Mar 17
0

Help for Gen Y

By | best investment, News, Properties, Property Research, Property Solutions | No Comments

Insecure younger generation just can’t get ahead!  

A new book by author Jennifer Rayner, Generation Less: How Australia is Cheating the Young,tells us again that the gap between generations is growing with young people being left behind in material wealth and mental wellbeing. Ms Rayner reckons that those born from the 1980’s onwards have an ‘enduring handicap” creating a new “precariat” social class lacking security andpredictability.

gen-y

Cartoon by Matt Golding

The book does recognise that “There have always been gaps between younger people and older people in Australia, and that’s true everywhere because young people are starting out in life, because they haven’t had as much time in the workforce. But over the last 30 years in Australia what has happened is that all of those gaps are getting wider.”

The book gives examples of young people who just can’t seem to get ahead in their chosen professions and paints a pretty bleak future for our younger generation’s financial, emotional and mental future.

It does mention some policy initiatives that may help redress the problem but does not seem to point too much that these younger people can do to help themselves.

Maybe a quick read over our blog further down the page entitled ‘Packer” may give, at least those with a job, some ideas on how to keep the money they earn and let it grow through keeping more of what they earn and investing in their future. We know it’s not possible for all, but so many who have a job and parents prepared to guarantee a loan to start do not need to fall into the precarious trap the  book describes.
Read more: http://goo.gl/Ncl8qC

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Twitter: @LimeProperty1

~ Lime Property Solutions

Mar 15
0

Top 10 Sydney suburbs for 2016 (March)

By | best investment, News, Properties, Property Solutions | No Comments

Sydney’s 10 cheapest suburbs and Sydney’s 50 cheapest suburbs!

We never seem to tire of looking at lists of Sydney’s cheapest 10 suburbs, Sydney’s cheapest 20 suburbs or even Sydney’s cheapest 50 suburbs; we just love lists!

top-10

 

Another list has been printed this week (of course Sydney’s cheapest 50 suburbs but this will change by next month so we will need another list of Sydney’s cheapest 50 suburbs!).

We do know that in the last 3 years, Sydney’s property prices are $350,000 more expensive.  The most affordable suburb for apartments in Sydney is Carramar, 30 kilometres west with a median price of $329,000. The cheapest houses in Sydney are apparently listed in Marsden Park, at a median price of $360,000.

If you want to remain close to the city, the cheapest suburb for apartments with a  median price below $700,000 within five kilometres of the city is Newtown, at $620,000. For full inform,ation on Sydney’s cheapest suburbs for this month go to http://goo.gl/hCA2lA

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Twitter: @LimeProperty1

 

~ Lime Property Solutions

Mar 04
1

Stop the gloom! Buy an investment property!

By | best investment, Investment, News, Properties, Property Solutions | No Comments

Australians are a gloomy lot about the future

One of the richest countries in the World, low unemployment, high wages, future looking good and yet we are the gloomiest people in the Asian region about our future!

larger-homes

There are so many reasons for Australians to be happy and cheerful and yet a poll, conducted twice a year by card payments company Mastercard, showed our confidence ranking was more than 30 per cent below the regional average.

Only 3 countries in the region are more pessimistic about the future than Australians, Taiwan, Sri Lanka and Malaysia. The survey was based on the economy, employment prospects, income prospects and quality of life.

A recent newspaper article sums up our real situation as follows:

“ It’s  hard to find a good reason why Australians are much gloomier about their economic circumstances than most of their Asian neighbours, including New Zealand. Over the past decade, Australia has been enriched by a once-in-a-century commodities boom and manouevred, relatively unscathed, through the biggest financial crisis since the Great Depression. Now the economy is making a better-than-expected post-boom transition. No Australian in their mid-40s or younger has ever experienced a recession in their working life.

Australia’s economic institutions are recognised to be among the strongest in the world and we’re one of a handful of countries with a triple-A credit rating from the three major ratings agencies – Standard & Poor’s, Moody’s and Fitch Ratings.”

We are often amazed at the procrastination of potential property investors. With the opportunity to buy a positive cash flow investment property in one of Australia’s top 10 suburbs for growth and the thought of all that can go wrong in the future is stronger than the certainty of increasing wealth through the purchase of positively geared investment property.

It really is all in the mind!     Read more: http://goo.gl/ADBjNx

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Twitter: @LimeProperty1

~ Lime Property Solutions

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