Here's what you ought to know about negative gearing in 2016, and beyond. Is negative dead? Put simply, no. In fact, negative gearing remains a legitimate financial strategy that can improve your overall investment returns. To go back a step, 'gearing' is best explained by realestate.com.au as simply borrowing money to buy an asset. In the case of real estate, you take out a loan to purchase a property. 'Negative gearing', however, means that the interest yo...

6 financial pros and cons to consider when buying an apartment off the plan. There are many benefits to buying off the plan just the thought of moving into a brand-spanking new place, or having it as part of your investment portfolio is enticing enough. Let alone the fact that many developers often list new projects on the market at drastically lower prices. However, there are a few pitfalls to be mindful of when it comes to your personal finances and purchasing property off the pl...

Here's how to start thinking like a millionaire and you don't need the exorbitant bank balance to do it! Want to be one of the 234,000 odd people in Australia with a "high net worth" i.e. a millionaire? According to global consultancy Capgemini's 20th annual World Wealth Report, there were 8000 more high net worth individuals in Australia in 2015, than in 2014. Largely thanks to low interest rates and more people investing in property. Interestingly, the report also s...

Two key financial steps to get right early plus, a guide to how much you will actually need to save for an early retirement. Attention millennials: the information below is not just about being frugal. After all, life is meant for living, right? Instead, this blog is about having a plan to reduce your debt and build your wealth so that you can work towards retiring in your 30s. Put it this way, if you start taking some simple steps now to get your personal finances in order, th...

Have you heard about asset protection, but don't know where to start? This Q&A will help. If you're a small business owner, protecting your business assets is a smart financial move. We ask Vince Leone, director business advisory at Wilckens Roche Lawyers for his overview of how asset protection works, and why you really need it. Q. What is asset protection? A. The truth is most small business owners don't understand asset protection and can often make decis...