The Proposed Negative Gearing Changes and what they mean to Albury Wodonga Investors

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The big news for this week! Negative Gearing potentially scrapped on existing dwellings.

In case you haven’t heard, Bill Shorten leader of the Australian Labor Party (the ALP) has announced a proposed reform to the negative gearing tax concession presently available in Australia.

Should the ALP win the next federal election and pass its proposed reform through Parliament, then from 1 July 2017 investors will only be allowed to negatively gear brand new properties. Also included in the reform package is a proposed reduction in the Capital Gains Tax discount from 50% to 25%, for property ...

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The Benefits of Having a Financial Planner

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When it comes to lifelong goals, there are as many ways of achieving them as there are people vying for them – and it’s only natural that different people have different, unique goals for their own lives. However, whatever goals you have set out for yourself – either as as a single individual, as one half of a couple, or as part of a family – expert advice from Profolio’s qualified financial planner can turn those dreams into a reality. ...

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Is 2016 the right year to sell your investment property OR What are the signs that you are ready to sell your property?

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What a crazy year the property market saw in 2015, while some areas such as Sydney, and Melbourne were seeing crazy growth, others were plotting along and mining areas were crashing now the mining boom has fizzled. Plus the government enforced new lending policy which saw a majority of investors loan repayments go up by almost .3%! I can see why some investors might be considering pulling out of the market. So what does 2016 have in store? Of course ...
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Which mistakes should first-home buyers avoid in 2016?

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I like to share with my readers questions that get asked. I was asked this recently by a journalist, and I figured my readers might want to hear the answer too.
This question is easy- I see clients ALL the time that have bought themselves a shiny new home for their first house, which is great, because of course they get the First Home Buyers Grant to help with the deposit and they got everything they ever wanted. However, then reality sets in. ...
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5 Ways to Start Saving Money Now

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For any person entering the investment arena, the hardest thing is getting started. Saving that first amount to get your foot in the door. Whether you are interested in share or property investment you have to have your budget in order first. The number one thing I hear from client’s is that they just don’t have any spare money after paying all the bills, while in some cases this may be true, in most you can find savings somewhere. However, ...

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