Search results

$4,000 a month is much more than enough for a single person of course. Not for a couple with children, especially if private school fees are involved.

My only concern about the SMSF is that I think this will be the target of future governments to plug the tax gap. We've already seen Labor cut the superannuation contribution from $50,000 to $25,000. Who's to say they won't tax the SMSF more as it becomes more popular for investors?

That's one of the theories for slowing house price growth as baby boomers sell up en-masse.

Because any LOE strategy is called a 'cash out' which means the bank will usually want to ask why you need the money.

Is this realistic? Yes, but not that easy. What is the max LVR the banks would be happy to lend using an LOE strategy? 80% I would say. What would be the interest rate compared to standard residential? 1% above? 2% above? Same What are the serviceability requirements? is it enough to have a...