Depreciation deductions on property

Depreciation deductions on second-hand property

Depreciation deductions on second-hand property The Turnbull government passed legislation regarding how depreciation deductions on second-hand property can be claimed moving forward. Tyron Hyde, CEO of Washington Brown, highlighted six key takeaways from the legislation:    Those who acquire a second-hand residential property after May 10, 2017, which contains previously used depreciating assets, will no…

Finance brokers are replacing the role of the bank manager

Finance Brokers replace the Bank Manager

  Finance brokers are replacing the role of the bank manager in their ability to build relationships with small business customers and meet their evolving funding requirements. That’s according to Scottish Pacific CEO Peter Langham, who says that small business customers are increasingly turning to alternative funders, non-bank lenders and brokers for their financial needs.…

why you need a mortgage broker

Why use a Mortgage Broker?

Why use a Mortgage Broker? Mortgage brokers play a vital role in the home loan market. They’re experts in the loan process and will help you secure a loan for a home, investment or another commercial purpose. Mortgage brokers provide an efficient and cost-effective service, assisting you in researching, organizing and negotiating a loan that…

why renovate

Why renovate?

Why renovate? That’s the question that we are trying to answer today! Many homeowners and investors renovate their properties with the objective of adding value and maximising their return, either in the form of a higher sales price for a residential property, or a higher rental income for an investment property. However, many Australian homeowners…

Lifestyle of Australian Renters

Lifestyle of Australian Renters

Nationally there are almost 7 million Australians living in rented homes, which makes renters a massive demographic and economic force in Australia. The report highlights that 3 in 10 renters are ‘choice renters’. “There’s this idea that the great Aussie dream is to move into a home that you own and if you haven’t done…