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    Building Insurance

    Sorry if this topic has been discussed over and over, and I did search for the topic here... it's just that I want some confirmation, again. I've built a new house with a small-time builder and he wants to rent it out from me for 6 months or so to show his new clients. I was told he will...
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    Property Manager - Northwest Sydney

    Hi, I was looking for the above thread but cannot seem to search for it properly. Any PM recommendations around the Kellyville Ridge area? Thanks.
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    Changing IP to PPOR - who needs to be informed?

    Current IP is being charged land tax. It will become our PPOR in a few weeks. Do we just call the OSR to tell them we're going to convert the IP to our PPOP? I guess I also need to tell them current PPOR is going to be new IP? In addition to this, who else has to be informed that IP is going...
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    Help! Question on tax deductiblity

    We bought a display home a few years ago which we were planning to move into when lease-back expires. We have received a notice of termination of lease and therefore we have to move in a few weeks. We bought the display home using the redraw of our current PPOR as we were planning to sell our...
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    Chemical barrier for termites

    We just recently had an annual pest/termite inspection for our 3-yr old house and the termite inspector said the outside chemical barrier needs to be re-applied (every 3 years apparently). If we don't want it re-applied, they can continue the annual check-up but their warranty expires. Now I...
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    Integral Energy vs Energy Australia

    I got a knock yesterday from an Energy Australia representative offering a 5% discount on our currnet Integral Energy and AGL rates if we shift our billing to them (we would still be in the Integral Energy and AGL network if I understood correctly). Our electricity rates were up more than...
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    House prices tipped to lift by 2012

    "BIS Shrapnel estimates Sydney's median house price at June 2009 to be $530,000, and predicts it will rise by mid-2012 to $630,000. Melbourne's current median house price is estimated at $425,000, rising to $507,000 by June 2012."...
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    display home with office - charge GST?

    hi. we are leasing a display home with the garage being used as an office by the builder. leaseback is more that 50K a year. our solicitor said we can charge GST from the vendor but our accountant said a display home is still residential so we don't need to charge GST as long as we were not...
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    Display home with leaseback - do I need landlord insurance?

    We'll be settling an a display home next week. It will be leased-back for 2-3 years and make it our PPOR afterwards. We've got home and contents insurance but I'm thinking if we still need to get landlord insurance? Is it still necessary?
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    If you have 20K USD...

    How is the best way to bring it into Australia and convert to AUD? Can bring in part of it by hand but definitely not all.
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    Westpac is hopeless

    It has been 2 months since we applied for a home loan with Westpac and up to now no approval yet. We spoke to Westpac's Home Loan Manager last Tuesday and told him that we need to exchange contracts on Friday otherwise the seller will put the property back in the market. The manager said our...
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    Equity and redrawal account

    I'm a bit confused at the moment. We're with Westpac and we have the Rocket Home loan account. We have a redraw account and an offset account. If, for example: Value of PPOR = 550K Loan Balance = 350K Redraw is 50K (we can withdraw 50K and loan balance will be = 400K) Current equity is...
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    Tax Margin's and FBT's

    We're planning to buy our first IP next year but something's bugging me all week. I have these scenarios: 1. Receiving 50K pa in salary but only 25K is taxable and 25K is fringe benefits. 2. Receiving 50K pa in salary but only 35K is taxable and 15K is fringe benefits. Now, if I don't...
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    Golf estates

    A golf estate is being built nearby and we had a first-hand look last weekend. It's near shops (10-15 min drive) and near our workplace (30 min drive). The developer said the actual golf course will be finished (playable) by December next year. It's a low-density estate of 800+ houses all of...
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    Which is more tax effective?

    Been reading for a while and we have finally set a date to get us started. But before we do, we just want to confirm some things to make sure where making the right step. We bought our PPOR valued at 500K last April 2007 and plan to buy an IP in Feb/March 2009. We're a bit confused at the...
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    Renting Makes More Financial Sense Than Homeownership

    Renting Makes More Financial Sense Than Homeownership By Jack Hough Sep 26th, 2008 I have something un-American to confess: I rent an apartment, despite having enough money to buy a house. I plan to keep renting for as long as I can. I'm not just holding out for better prices. Renting...
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    Alarm at 'McMansion' welfare

    clear sign that high interest rate, petrol and food are also affecting the mid to high income earners... ---------------------------------------------------- "FAMILIES in new land release "estate suburbs" are the fastest growing group desperate for emergency food packages, clothing and...
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    Investors Club

    anyone here heard about Investors club? http://www.smh.com.au/news/national/you-can-bet-your-house-on-it/2008/02/08/1202234167210.html
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    NSW Councils to fight

    Another headache for Iemma and Rudd.. ---------------------------------------------------- MUTINY was in the air at a meeting between local councils last Wednesday, with Blacktown Mayor Leo Kelly leading calls for a boycott against the State Government. Cr Kelly and mayors from across...
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    Building union to take on Rudd over IR

    If building unions get their demands, what effect will these have on the property market? http://www.news.com.au/business/story/0,23636,23001083-462,00.html
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