What to expect from the property market in 2024 For housing, the big question on everyone's mind is whether the property price gains seen in 2023 will continue in 2024. While there are many uncertainties, we do see national home prices ending the year higher, though the...
Introduction to Capital Gains Tax Capital Gains Tax (CGT) is a tax levied on the profit or loss you make when you sell or dispose of an asset, such as a rental property. It is not a standalone tax but forms part of your overall income...
There's a common perception that property prices double every seven to ten years. Despite the strong price growth through the pandemic, this hasn’t been the case lately. In May 2023, the median house price nationally was $730,000 and the median unit price was $560,000. Median house...
Innovating Your Financial Future: Introducing Our Partnership with Voyant [vc_video link='https://youtu.be/36oVC2MaEvU'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] At FinPeak, our mission is to empower you to make informed and strategic financial decisions. Today, we are thrilled to announce our partnership with Voyant, a state-of-the-art financial planning platform...
The question of whether to pay off a mortgage or invest extra funds is a longstanding debate. When considering the current mortgage rate of 5.95%, the calculation becomes particularly relevant. The decision essentially boils down to a comparison between the guaranteed return of paying down...
Refinancing your home loan can be a game-changer, enabling you to optimise your mortgage terms, reduce monthly payments, or even tap into the equity you've built in your property. However, understanding the intricacies of the market and staying ahead of the curve is crucial in...
The lead-up to June 30 is a great time to review your financial situation to make sure you take advantage of end of financial year strategies and concessions available to you. The following tax and super strategies could minimise your tax bill and maximise your...
Investing in the right asset class can be a daunting task, as it requires navigating the complex and ever-changing landscape of financial markets. Each year brings its own set of economic conditions, market trends, and geopolitical factors, making the decision-making process even more challenging. In...
Investing is all about putting your money to work to achieve long-term financial goals. But when it comes to investing, there are many options available, and choosing the right one can be challenging. Two popular investment choices in Australia are investing in property and investing...
Key Points: • Interest rates are on the rise, and it's important to take steps to protect your financial well-being. • A financial HealthCheck is a good starting point to assess your current financial position and understand how rising interest rates will affect your debts and investments. •...