Sam Saggers - May 10, 2012, 10:50 PM
The Reserve Bank’s recent rate reduction was welcome relief for many home owners and investors, but what to do with that extra cash…
The Reserve Bank’s reduction of the official cash rate earlier this month will mean a nice little reduction in the minimum home loan repayments of some home owners and investors.
But you could see much greater savings by making some simple changes to the way in which you make your repayments.
While it might be tempting to put the extra cash from your ...
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Sam Saggers - May 3, 2012, 11:32 PM
Negative gearing is not the problem, building costs are. Negative gearing is simply the government's way of giving back to house providers - firstly, because the government cannot (nor should it) provide the housing, and secondly, we cannot build property inexpensively.
Our nation has a small population compared to other countries. The USA, for example, does not have negative gearing as they have a massive labour force that can work more cheaply, therefore building a property is simply ...
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Sam Saggers - April 23, 2012, 11:24 PM
Mudgee is a strategic town in New South Wales and right now it's great for capital growth. The rental returns are really growing. In fact, some returns are hitting around that sweet spot of 7 percent, which is fantastic for investors' back pockets.
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I love Mudgee – it's been predicted to be a great investment location. In fact, Luke Berry from The Next HotSpot ...
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Sam Saggers - April 13, 2012, 12:11 AM
Currently there has been much interest surrounding the imbalance in mining markets particularly for locals who don't work in the mine. So what is actually happening.
I tend to think of certain mining towns in Australia as “real estate refugees". What does this mean exactly? It means small community towns who have been impacted by a colossal mining injection are being driven away from their communities.
Why is this happening – what drives people from their home town?
The basis of any ...
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