Be in control of your personal debt Household and personal debt in Australia is high but more of us are taking a sensible approach to debt management. Nationally, our household debt ratio is nudging 200%. On paper it means we owe twice as much in debt as we bring home in our pay packets each year. […]
Changes aimed at improving housing affordability have passed through parliament under new legislation. Government proposals around improving housing affordability in Australia were passed through parliament on 7 December 2017. As part of the changes, first home buyers will be given a tax concession through the ability to save for a home deposit inside super, while Australians aged 65 and […]
De-stress mortgage De-stress mortgage: “Don’t sail out farther than you can row back.” This Danish saying is sound advice for anyone thinking of borrowing to buy a home, particularly now that interest rates are low and house prices are generally rising. According to a paper for the Centre of Policy Development and University of Canberra, Australians […]
The latest round of figures showing rising home equity values in almost all our state capitals highlights how many Australian retirees could have a valuable resource at their fingertips. Older Australians, who may not have enjoyed the benefits of employer-paid super for their entire working life, can face the prospect of a lean retirement. However, […]
It’s not unusual that life can be smooth sailing one minute and throw you a curveball the next. You might be hit with an injury or illness, a reduction in income or redundancy, a separation from your partner, or even a death in the family—all of which can be difficult, emotionally as well as financially. […]
Could apartments be the next big thing in Australian property? In this article, we speak to Dr Shane Oliver, AMP Capital’s Chief Economist and Head of Investment Strategy. He will seek his insights on how the Australian property market has performed. Also what opportunities lay ahead for 2017. Review of 2016 Q: It’s been a rollercoaster of […]
Online source: Produced by AMP Life Limited and published on 27 May 2016.Dr Shane Oliver sheds some light on why home ownership rates have declined over the past twenty years. For many Australians, deciding whether to rent or buy a home to live in is a choice, and over time their preferences around this will undoubtedly […]
Online source: Produced by AMP Life Limited and published on 19 November 2015.Both options make good financial sense—we look at some pros and cons to help you decide whether to repay or build. Retirement may not be as far off as it used to be. With this in mind, are you finding there’s a trade-off between being […]
Keys to de-stressing a Mortgage“Don’t sail out farther than you can row back.” This Danish saying is sound advice for anyone thinking of borrowing to buy a home, particularly now that interest rates are low and house prices are generally rising.According to a paper1 for the Centre of Policy Development and University of Canberra, Australians have […]
