Holzworth News - Page 6 of 10 - Holzworth Partners

24 Apr 2024

House Prices Continue To Rise as Number of Landlords Increase

While buying a home to live in remains out of reach for many Australians, investors are flooding back into the housing market. Data from the Australian Bureau of Statistics (ABS) shows lending to investors - otherwise known as landlords, has jumped almost 20 per cent in the past year. That is, almost four in 10 people taking out a mortgage now are landlords. The combination of rising house prices, rising population growth (mostly due to migration), rising

17 Apr 2024

Navigating Queensland’s First Home Concession

By Jane Purnell

In Queensland, stepping into the property market can be significantly more accessible for first-time homebuyers, thanks to the First Home Concession on transfer duty. This concession is a boon for eligible buyers, potentially saving them a substantial amount on the costs associated with purchasing a home. Here’s what both real estate agents and first-time buyers need to know about qualifying and applying for this benefit. Eligibility Criteria To avail of the First Home Concession, several

8 Apr 2024

Tax Changes- What it will mean to me?

By Jane Purnell

Prime Minister Anthony Albanese has announced changes to address ongoing cost of living pressures with all 13.6 million Australian taxpayers receiving a tax cut from 1 July 2024, compared to the tax they paid in 2023-24. Now is the time to assess what it means to your hip pocket and what implications it may have for end of financial year planning as a result of the new rules, due from 1 July 2024. The Federal Government has

8 Apr 2024

Working from home is producing economic benefits return-to-office rules would quash

By Mark Holzworth

More of us have been in paid work this past year than ever before. A big part of that is because more of us have been able to work from home than ever before. The proportion of Australians in paid work climbed above 64% in May last year, and has stayed there since. At the same time, unemployment has hovered around a half-century low of 4%. In April last year, female unemployment fell to what

14 Mar 2024

GRANNY FLATS HAPPY FAMILIES OR DISASTER ZONES?

By Jane Purnell

When you look at the dynamics around sourcing a property for extended family including those that may be elderly or disabled, granny flats often come into play! Their demand is escalating given rising living costs and the accelerating lack of affordable housing for the vulnerable.When you list a property with a granny flat or a home that has the potential to have this added on, please carefully consider the legal framework that surrounds the scenario

5 Mar 2024

Options to Invest Your Self-Managed Super Fund

By Jane Purnell

Over one million Australians have embraced increased autonomy over retirement funds by opting for a self-managed super fund (SMSF). An SMSF offers the advantage of diversifying investments across a wider array of asset classes compared to conventional superannuation funds. Prioritising your financial objectives is essential when evaluating investment opportunities. While conservative assets (cash and bonds) offer stable cash flow, growth assets such as property, shares (Australian and global) and commodities contribute to wealth accumulation. Below

5 Mar 2024

Are Cryptocurrencies Now Main-Stream Investments?

By Jane Purnell

It seems anyone you speak with is talking about how much they have in a particular “crypto” or how they want to own crypto. What is driving the latest interest in the sector?The best known of the cryptocurrencies is Bitcoin (BTC), so let’s use BTC as a proxy for all crypto as to a large extent, it sets the tone for how the currencies are perceived by traders. BTC reached its all-time high price of

22 Feb 2024

What Do We Do First if We Want to Buy a Home?

By Jane Purnell

Buying and selling a home can be confusing for most of us. Here is some basics to help make the process as clear as possible. Save for a Deposit The deposit is the initial cost you will need to pay when buying a home. The first step is to get your finances sorted and do a budget to identify how much you can afford to save for your deposit and work out what you

8 Feb 2024

IndexInvest Quarterly Reports

By Jane Purnell

We are pleased to release the investment reports for the fourth quarter of 2023. These reports provide a comprehensive overview of financial markets activity and the performance of each portfolio model from inception through to the latest quarter ending 31 December 2023.Key highlights of the Q4 2023 Investment Reports include:Performance Overview: A detailed analysis of each portfolio’s performance, highlighting any significant achievements or areas for consideration.Asset Allocation: A breakdown of investments across various asset classes,

7 Feb 2024

Ensuring Excellence in Financial Advice for Our Clients

By Jane Purnell

Today, we would like to provide you with insights into a critical aspect of our commitment to delivering top-notch financial advice – the registration process for our relevant providers within the Australian financial services landscape. Understanding Your Financial Adviser: A 'relevant provider' is an individual directly involved in offering financial advice to you, our esteemed clients. This includes financial services licensees, authorised representatives, and employees or directors of financial services licensees authorised to provide personal advice