by Financially Sorted | Oct 28, 2024 | Economy, Interest Rates, Property Investment
Homeowners have been waiting with bated breath for 12 months now to see when the Reserve Bank of Australia (RBA) will cut interest rates which have been on hold since November 2023. Many hoped that a cash rate cut may come after the US Federal Reserve cut interest...
by Financially Sorted | Sep 24, 2024 | Interest Rates
Over the past few weeks, the politicians have weighed in on the Reserve Bank of Australia’s economic policy and their resistance to reduce interest rates in the face of community pressure. We look at what the numbers are really showing. Australian mortgage holders and...
by Financially Sorted | Jul 30, 2024 | Business, Economy, Finance, Interest Rates, Land Tax, Superannuation, Tax & Accounting, Tax Returns
Will 2024-25 be another year of volatility or a return to stability? Personal tax & super As you would be aware (at least we hope so after a $40m public education campaign), the personal income tax cuts came into effect on 1 July 2024. At the same time, the...
by kirstyb | Feb 27, 2023 | ATO, Interest Rates, Land Tax, Property Investment, stamp duty
The rising costs of Land tax bills are arriving across the State of Victoria, and many have been left stunned by staggering increases. Speaking to many clients and listening to many of the media outlets like 3AW and the nightly news services, its being reported that...
by kirstyb | Feb 27, 2023 | Economy, Finance, Housing Prices, Interest Rates, Property Investment, Tax & Accounting
With house prices now easing a little from the highs of some 12-18 months ago, many properties still remain high, especially in the most desirable areas. According to CoreLogic, which monitors housing prices across Australia, our biggest capitals, being Sydney and...
by kirstyb | Jan 31, 2023 | Housing Prices, Interest Rates, Land Tax, Property Investment
Rising interest rates and falling house prices don’t have to be a cause for alarm for households. Overall, there are many things that you can do to prepare, like examining your financial position and not making unnecessary purchases on depreciable items like cars and...