Equis News & Events

Building a 'nest egg' rather than a place to nest....great work Gen Y!!  A recent survey by Mortgage Choice has found that Gen Y are a savvy generation when it comes to money and appreciate the need to grow assets and minimise their living expenses were possible.  Read more here: http://www.moneymanagement.com.au/news/gen-y-purchase-for-investment-first ..

Home ownership - the great Australian Dream!

Now is a great time to think about ways to reduce your home loan and whilst many of us high personal debt, today’s household savings have reached 10.7% of disposable income – the most in 24 years - according to data by Mortgage Choice an Australian Mortgage Broker.  There are plenty of advantages to owning your home earlier but most people feel that small extra amounts don't create a real dint in their mortgage. ..

SMSF for Property Investing?

Self-managed superannuation fund (SMSFs) are super funds that you run yourself.  Instead of paying super contributions into an industry fund, you can pay it into a fund where you choose what to invest in, including property.  There are significant rules in order for a SMSFs to be compliant, however for almost 2 years SMSFs have been allowed to borrow money to purchase assets such as property and some investors believe this is one of the best tax incentives for property investing. ..