by Dejan Pekic
Friday Tidbit
Posted by Dejan Pekic
Who would have thought that 29% of Greeks living in Cities and Towns (almost one third) spend more than 40% of their household income on housing?
Just goes to show that it is not just us in Australia that suffer under a ruinous housing policy.
Looking forward to our Federal, State and Local politicians fixing what has been a multi decade problem to date.
Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.
Related Posts
According to JPMorgan’s ‘Annual equity returns and intra-year declines’ data released on 30 June, the average ASX 200 intra-year drop over the past 32 years was 13.8% (median 11.5%). While that might seem alarming, what is interesting is what happens afterwards. Despite that recurring mid-year drop, the ASX 200 has still finished the calendar year
Weeks on from the Budget and we’ve seen some dramatic shifts across the property market. Investors are pulling back, with a flow-on effect on auction clearance rates, loan enquiries and, for some, borrowing capacity. The revamped capital gains tax (CGT) and property gearing changes in Australia are reducing investor tax breaks and therefore the net
Around 1.4 million business owners in Australia will retire by 2036 – and 33% have no succession plan. That’s according to PwC’s 12th Family Business Survey, which also found that succession plans may stall due to specialised skill gaps, a need to balance family legacy with innovation and resistance from the senior generation to transition leadership, which was cited
